Norway sovereign wealth fund to divest oil explorers, keep refiners
Norway’s $1.1 trillion sovereign
fund will divest its stakes in companies that are solely
dedicated to oil and gas exploration and production, while
maintaining ownership of refiners and other downstream firms,
the country’s Finance Ministry said on Tuesday.
fund will divest its stakes in companies that are solely
dedicated to oil and gas exploration and production, while
maintaining ownership of refiners and other downstream firms,
the country’s Finance Ministry said on Tuesday.
Posted by Reuters
