Norwegian oil fund elaborates on decision to sell out of oil

Norway's central bank, Norges Bank, which manages Norway's Government Pension Fund Global (GPFG) now explains its decision to sell out of oil and gas assets to Norwegian media in a new discussion note. However, the decision has yet to be approved by Norwegian politicians.

Photo: Nabil al-Jurani

Norway's Government Pension Fund Global (GPFG) is now elaborating on its recent decision to withdraw from oil.

The fund announced two weeks ago that it had requested permission from the government to sell out of its shares in oil and gas companies.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted joins the lottery for Thor

The regional director for Europe confirms that the company was among the bidders who are prepared to pay the state treasury to set up the 1,000MW offshore wind farm Thor.

Further reading

Related articles

Latest News

See all jobs