The Norwegian Oil Fund sues BP for giant loss

The Norwegian Oil Fund suffered a massive loss on its BP shares when the oil company caused the biggest spill in US history, and the Fund is now preparing a lawsuit.
Photo: Gerald Herbert
Photo: Gerald Herbert
BY THOMAS BO CHRISTENSEN

British oil company BP is not just struggling with low prices - the company can now also look forward to squaring off against one of the world's biggest institutional investors.

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