Mar 8, 2019 Norway's $1tn wealth fund to divest from oil and gas exploration It will sell stakes in 134 companies, including UK-listed firms Tullow Oil, after the announcement, knocking £130m off their combined stock market value. Mar 8, 2019 Norway's Sovereign-Wealth Fund Moves Toward Divesting From Oil, Gas Stocks An oil-drilling platform in the Bømla fiord off Norway. major step toward selling off some of its substantial holdings in oil-and-gas companies, Mar 8, 2019 Norway's $1tn sovereign wealth fund is set to sell out of a host of oil and gas companies but stop short of abandoning the biggest energy Oct 7, 2019 KLP says it sold US$58-million worth of stocks and bonds as it reduces its tolerance threshold for companies with interests in the oil sands from Mar 8, 2019 The sector was also under pressure from news that Norway's sovereign wealth fund, one of the largest in the world, will start selling its stakes in Mar 7, 2019 Norway Decides Fate of $1 Trillion Wealth Fund's Oil Stocks: Q&A Read more: Norway's oil sell-off plan is 'shot heard around the world' Mar 10, 2019 “Hence, it is more accurate to sell companies which explore and produce oil and gas, rather than selling a broadly diversified energy sector.” The
Mar 8, 2019 Securities of companies will be sold over time, after the Norwegian Parliament has deliberated. An exclusion of energy stocks in the GPFG's
Mar 8, 2019 Norway's trillion-dollar sovereign wealth fund, the world's biggest, will sell its stakes in oil and gas explorers and producers, according to a Mar 8, 2019 World's largest sovereign investor ditches oil and gas stocks. Norway's $1 trillion (€890 billion) sovereign wealth fund is set to sell out of a Mar 9, 2019 Norway's sovereign wealth fund, the world's biggest thanks to petrodollars, will sell off stakes in oil and gas "The decision should be seen as a red flag for private banks and investors whose oil and gas stocks are becoming Mar 8, 2019 Read more about Will Norway's sovereign wealth fund divest its oil holdings allow the fund to invest in oil stocks and sell its existing holdings. Norway took a partial step in divesting oil and gas stocks in its massive $1 trillion wealth fund, approving the sale of smaller exploration companies while sparing the biggest producers such as
Winners and Losers as Norway Discloses Plan to Sell Some Oil Stocks Norway’s Ministry of Finance announced Friday morning that it has proposed that the government’s sovereign wealth fund,
Mar 8, 2019 The proposal regarding the country's $1 trillion of holdings could increase concerns among investors about the risks of owning such stocks. Mar 8, 2019 Energy stocks represented 5.9 percent of the fund's equity investments at the end of 2018, worth about $37 billion, fund data showed. But much of Aug 6, 2019 After revealing it wants to dump all oil stocks in a market-shattering markets when it said it wanted to sell $37 billion in oil and gas stocks.
Mar 7, 2019 Norway Decides Fate of $1 Trillion Wealth Fund's Oil Stocks: Q&A Read more: Norway's oil sell-off plan is 'shot heard around the world'
Mar 30, 2019 The stocks to be sold are from a group of 134 companies labeled exploration and production firms by the London-based index provider FTSE Mar 8, 2019 Norway's sovereign wealth fund, fuelled by the state's oil revenues, fund, the world's biggest thanks to petrodollars, will sell off stakes in oil and gas for private banks and investors whose oil and gas stocks are becoming Mar 8, 2019 Norway's $1 trillion sovereign wealth fund is planning to shed some of The fund will eventually sell its investments in 150 oil exploration and Mar 8, 2019 By removing exploration and production companies the goal is to make the government's wealth less vulnerable to a permanent drop in oil prices, Mar 8, 2019 Norway's trillion-dollar sovereign wealth fund, the world's biggest, will sell its stakes in oil and gas explorers and producers, according to a Mar 8, 2019 World's largest sovereign investor ditches oil and gas stocks. Norway's $1 trillion (€890 billion) sovereign wealth fund is set to sell out of a Mar 9, 2019 Norway's sovereign wealth fund, the world's biggest thanks to petrodollars, will sell off stakes in oil and gas "The decision should be seen as a red flag for private banks and investors whose oil and gas stocks are becoming
Norway’s massive wealth fund got the go-ahead to sell oil and gas stocks worth $5.9 billion, ending a two-year process that has reduced an initial proposal to dump all its petroleum investments
Norway Wealth Fund Gets Nod to Sell $6 Billion in Oil Stocks (Bloomberg) -- Norway’s massive wealth fund got the go-ahead to sell oil and gas stocks worth $5.9 billion, ending a two-year process