Tag: oil fund

Oil Fund wielded its clout over bank executives’ pay

Norway's sovereign wealth fund known as the Oil Fund has followed through on its decision to start using its clout, as a shareholder in...

Rates firm as critics bash oil fund use

The executive board of Norway's central bank has decided, as expected, to keep its key policy rate unchanged at 0.5 percent. Øystein Olsen, governor...

Oil Fund may challenge high executive pay

Norway's huge and powerful sovereign wealth fund may finally start wielding its investment clout to challenge the exhorbitant salaries paid to top corporate executives. It remains...

Oil fund tapped as Goliat field opens

Norway could finally carry out the ceremonial opening of its first oil field in the Barents Sea this week. The long-overdue Goliat oil field project has begun pumping...

Oil fund avoided big coal bankruptcy

When the large US coal company Peabody Energy Corp declared bankruptcy last week, Norway's huge state pension fund that's fueled by oil revenues didn't...

Oil fund active in tax havens, too

It's already being billed as the question behind possibly this spring's hottest debate in Norway: Should the country's huge "oil fund" continue to be...

Little progress as coal dust settles

NEWS ANALYSIS: Norway made international headlines last year, and won lots of positive feedback, when the Norwegian Parliament ordered the country's huge sovereign wealth...

Oil fund boss fastens seatbelt

Yngve Slyngstad could report more billions of kroner in gains for the enormous sovereign wealth fund he oversees for Norway. He warned, though, that he...

Consultant: Oil prices may soar

After months of doom and gloom in the oil industry, at least one top Norwegian consultant is upbeat and urging others to be so...

Salmon worth more than a barrel of oil

One farmed Norwegian salmon weighing around 4.5 kilos was worth more than a barrel of Norway's North Sea crude oil at the end of this...
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