Oil fund earns 446 million on cannabis shares
Since the New Year, the oil fund has earned NOK 446 million on five shares in medical marijuana. At the beginning of 2019, the oil…
Oil fund
Norway may ditch oil shares from the oil fund
Norway may ditch oil shares from the oil fund The timing of the publication by Minister of Finance, Siv Jensen (Progress Party), may indicate that…
The Oil Fund lost 9½ «Trump walls» last year
The Norwegian Oil Fund lost NOK 485 billion in 2018 The Global Pension Fund of Norway (aka the Oil Fund) lost NOK 485 billion last…
Feels that Norway has become Uncle Scrooge
The King feels that Norway has become Uncle Scrooge HM King Harald compares Norway’s oil fund with Uncle Scrooge’s vault. At the same time, he…
Billions may be added below the budget line
Billions may be added below the State Budget line Leader of Labour, Jonas Gahr Støre, is sceptical towards buying a replacement frigate or financing a…
Demands sanctions against Saudi Arabia
Parties demand sanctions against Saudi Arabia The political pressure to withdraw the oil fund from Saudi Arabia is increasing. Several parties also require a stop…
The Oil Fund buys award-winning Amazon property in London
The oil fund’s property department paid out NOK 3.4 billion for an award-winning office property in London to Amazon’s online trading company. Norges Bank…
Continuous efforts in the oil fund stopped a loss of 100 billion
On Sunday it is ten years since the bankruptcy of Lehman Brothers. The day before that happened, the boss of the oil fund rushed…
Fund Management Evolved Over Time
How The Strategy Of The Norwegian Fund Management Evolved Over Time Oil-rich countries can transform the lives of millions of citizens if they can manage…
Nine companies excluded from the oil fund
Norges Bank has decided to exclude nine companies from the Government Pension Fund Global. In addition, one company has been put under observation. The oil…
Solberg will spend less than 3 percent of the oil fund
Prime Minister Erna Solberg (H) announces that the time has come for a tighter state budget. She adds to a petroleum consumption of less than…
The oil fund passed 1,000 billion dollars
The value of the oil fund passed officially $ 1,000 billion for the first time during Tuesday night. A strengthening of world currencies against the…
Oil Fund makes over one billion kroner property investment in London
The Oil Fund has bought into a property in London. According to a press release, the fund paid £112.5 million, or NOK 1.1…
Record figures for the oil fund
The value of the oil fund exceeded 8,000 billion in the second quarter of 2017. Measured in kroner, the half-year result was the best…
The oil fund invests in property in Berlin
Norges Bank have decided to buy an office building in the center of Berlin for NOK 4 billion. The property, comprising 52,000 square meters…
The oil fund drops Indian company for fear of environmental damage
Norges Bank excludes Indian Bharat Heavy Electricals Ltd from the oil fund. The background is an assessment of the risk of serious environmental damage. The…
The Oil fund worth more than NOK 8,000 billion
Oil fund has never been bigger Both the fiscal politicians in the Parliament, Minister of Finance Siv Jensen (Progress Party) and the Norwegian people can…
1.4 million kroner per Norwegian in the oil fund
Despite the oil crisis, the value of the oil fund has increased to 1.4 million kroner per Norwegian. The newspaper VG has measured the development…
The oil fund’s interests in disputed refugee camps criticized
The Norwegian oil fund holds a significant portion of the shares in the company which makes a large amount of money from running Australia’s controversial…
Oil Fund invests billions in San Francisco
The Oil Fund invested 3.8 billion kroner in shares in two companies that own two office buildings in San Francisco. In a press release it…