Offshore

Biggest wealth fund's bid to dump Big Oil is now but a whimper

Norway's trillion-dollar wealth fund's much-publicized selloff of oil shares could now turn out to be so small that it hardly makes a difference.
Photo: Ole Jørgen Bratland - Equinor/Digital
Photo: Ole Jørgen Bratland - Equinor/Digital
BY MIKAEL HOLTER, BLOOMBERG

After revealing it wants to dump all oil stocks in a market-shattering bang in 2017, Norway’s USD 1.1 trillion wealth fund's actual divestment could now be so small it hardly matters.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs