Archive

  • World’s largest sovereign wealth fund urged not to pursue divestment

    24 August 2018

    Divestment of the oil and gas stocks in the Government Pension Fund Global (GPFG) “is not an effective insurance against a permanent decline in oil prices” and the stocks only contribute marginally to Norway’s oil price risk, according to a committee set up to explore the issue.

  • Norway oil fund plots path to divestment

    16 February 2018

    Norway's finance ministry has set up an expert group to explore radical changes to the way it invests in energy stocks through its $1 trillion sovereign wealth fund, including abandoning investments in oil and gas companies.