Norway’s Oil Fund lost 653 billion kroner in the first quarter of 2022
In 2022, the Government Pension Fund Global (the so-called “Oil Fund”) received a return of -4.9%. That corresponds to a loss of NOK 653 billion….
Norwegian Oil Fund
Norway’s Oil Fund earned 1,580 billion kroner last year
The Oil Fund earned a return on investment of NOK 1,580 billion (4.5%) in 2021, according to the figures presented by the Oil Fund at…
Norway’s Oil Fund: Everything you need to know about the state-owned behemoth
How can a country of just over 5 million own 1.4% of global stocks and shares? Why does Norway have a savings fund that is…
Today, the value of Norway’s Oil Fund surpassed 12,000 billion kroner
On Tuesday afternoon, Norway’s Oil Fund surpassed a market value of NOK 12,000 billion for the first time. The Oil Fund’s value has increased by…
The value of the Norwegian Oil Fund is approaching 10,000 billion kroner
The Oil Fund may soon pass NOK 10,000 billion. Economist Espen Henriksen thinks we should think about what we do if the factors that have…
The Oil Fund fire 100 employees in three years.
The oil fund will reduce workers by 100 employees to the end of 2022, according to the Fund Strategy Report. The decision affects each six…
OIL FUND: Down NOK 2.9B
The Norwegian Oil Fund, which owns .71% of Facebook, has been hit hard by a Facebook scandal and has lost NOK 2.9B value within 72…
The Oil Fund bought property for 15 billion last year
The Oil Fund’s property department invested NOK 15 billion in unlisted real estate in 2017. This showed a recent report on Tuesday. Towards the end…
Oil Fund spending increases ‘enormously’ under Jensen and Solberg
Spending of the Oil Fund has increased by 60% under the present Government Spending of the Oil Fund has increased by 60% under the present…
Oil fund continued record investment in Israel last year
The oil fund continued record investment in Israel in 2016. The Palestinian Committee asked the fund to avoid investing in companies that violate international…
