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Norway's Oil Fund

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  • Friday, 26 May, 2023
    Oil & Gas industry
    Norway’s oil fund sides with climate activists against Exxon and Chevron

    World’s biggest sovereign wealth fund attempts to force policy change at US groups despite backing European oil majors

  • Tuesday, 16 May, 2023
    Norway’s $1.4tn oil fund to step up ESG proposals to US companies

    World’s biggest sovereign investor to expand use of shareholder motions after successful trial

  • Friday, 28 April, 2023
    Norway’s $1.4tn wealth fund calls for state regulation of AI

    CEO Nicolai Tangen says fund will set guidelines for companies it invests in on ‘ethical’ use of artificial intelligence

  • Tuesday, 25 April, 2023
    Climate change will keep inflation high, Norway’s oil fund chief warns

    Transition to greener economy will also hit consumer prices, says $1.3tn sovereign wealth fund boss Nicolai Tangen

  • Tuesday, 31 January, 2023
    Norway’s $1.3tn oil fund bounces back after worst year since 2008

    Sovereign wealth fund has gained 5% so far this year but chief executive warns of ‘uncertain’ 2023

  • Wednesday, 18 January, 2023
    InterviewWorld Economic Forum
    Norway fund chief warns at Davos of ‘very, very low’ returns for stocks

    New cycle of Federal Reserve rate rises is ‘not that unlikely’, says Nicolai Tangen

  • Monday, 16 January, 2023
    Nicolai Tangen
    Boards behaving badly should watch out

    Norway’s oil fund expects business leaders to sharpen up their act on climate and executive pay

  • Wednesday, 7 December, 2022
    Norwegian oil fund to vote against companies without net zero targets

    Nicolai Tangen says $1.3tn sovereign wealth investor will also look at groups that overpay executives

  • Monday, 19 September, 2022
    ESG investing
    Norway oil fund warns of ‘danger’ that environment falls down agenda

    Nicolai Tangen calls on investors to stay focused on issue despite slowdown and Republican hostility

  • Monday, 22 August, 2022
    Cyber Security
    Norway’s oil fund warns cyber security is top concern

    Hacking eclipses turbulent markets as Norges’ biggest worry with three ‘serious’ attempts a day

  • Wednesday, 17 August, 2022
    Norway’s oil fund chief warns of tough times ahead for investors

    The $1.2tn sovereign wealth fund lost $174bn in first half, and Nicolai Tangen is worried that July’s rally will unravel

  • Friday, 13 May, 2022
    InterviewExecutive Pay
    Norwegian oil fund denounces ‘corporate greed’ over executive pay

    World’s largest sovereign wealth fund has voted against packages at Intel, Apple, IBM and GE so far this year

  • Sunday, 24 April, 2022
    Credit Suisse Group AG
    Norway’s wealth fund backs calls for special audit at scandal-hit Credit Suisse

    Move by world’s biggest sovereign investor puts pressure on Swiss lender to revamp senior management

  • Monday, 28 March, 2022
    Ericsson
    Ericsson shareholders to deal blow to CEO over possible Isis payments

    Norway’s $1.3tn oil fund will vote against discharging executives from liability

  • Friday, 4 March, 2022
    Ukraine war will ‘amplify’ inflation problems, says Norway’s oil fund chief

    Nicolai Tangen warns western sanctions against Russia may cause wide-ranging knock-on effects

  • Sunday, 27 February, 2022
    Executive Pay
    World’s largest sovereign wealth fund to vote against Apple’s pay policies

    Move by Norway’s $1.3tn oil fund marks growing shareholder backlash against tech group’s remuneration

  • Sunday, 30 January, 2022
    Global inflation
    World’s largest wealth fund warns ‘permanent’ inflation will hit returns

    Equities and bonds to suffer as steep rise in rates becomes lasting feature of economy, says Norwegian oil fund boss

  • Sunday, 16 January, 2022
    Grenfell Tower disaster
    Campaigners call on Norway’s oil fund to exit Grenfell cladding stocks

    Activists lobby NBIM over $1.4tn wealth fund’s investments in manufacturers and developers linked to 2017 disaster

  • Tuesday, 14 December, 2021
    Norges Bank
    Nato chief Jens Stoltenberg seeks to head Norway’s central bank

    Candidacy likely to spark debate over monetary policy independence and oversight of sovereign wealth fund

  • Wednesday, 1 September, 2021
    Inside BusinessRichard Milne
    Norway grapples with rising political influence of $1.4tn oil fund

    Questions over mandate of the world’s largest sovereign wealth fund spice up national elections

  • Wednesday, 18 August, 2021
    Norway’s oil fund propelled to 9% return by strong equity performance

    Energy was best-performing sector in second quarter for world’s largest sovereign fund

  • Thursday, 20 May, 2021
    Norwegian oil fund excludes two Israeli companies for West Bank activities

    $1.3tn group cites risk linked to settlements that cause ‘significant harm’ to Palestinians

  • Monday, 3 May, 2021
    Norway’s $1.3tn oil fund broadens ESG screening to smaller companies

    World’s largest sovereign wealth fund seeks to regain place as one of the top responsible investors

  • Wednesday, 7 April, 2021
    Norway’s oil fund makes first investment in renewable energy

    World’s largest sovereign wealth fund buys stake in Dutch offshore wind farm owned by Orsted

  • Monday, 15 February, 2021
    NBIM
    Norway’s $1.3tn oil fund calls for greater gender equality

    World’s largest sovereign wealth fund had held back on making views public

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