Offshore

There is more to big oil than oil, Total tells USD 1 trillion fund

Investments in Big Oil companies represent an investment far more than just oil, says Total CEO.
Photo: Bloomberg
Photo: Bloomberg
BY MIKAEL HOLTER, BLOOMBERG

Norway's USD 1 trillion sovereign wealth fund wants to sell out of oil and gas stocks, arguing that would reduce overall risk to the country since petroleum is already the top export.

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