Norway’s massive sovereign wealth fund reported a first-quarter profit of 1.21 trillion kroner ($109.9 billion) – bolstered by strong returns from its technology stock investments it was announced on Thursday 18th April 2024. Established in the 1990s, Norway’s sovereign wealth fund, the largest in the world, invests the surplus revenueRead More →
Norway has a long history of carbon management. For nearly 30 years, it has captured and reinjected carbon from gas production into seabed formations on the Norwegian continental shelf. Norway’s government wants to show the world it is possible to safely inject and store carbon waste under the seabed, sayingRead More →
Norway’s giant sovereign wealth fund reported record profit of 2.22 trillion kroner ($213 billion) in 2023, supported by returns on its investments in technology stocks. Despite high inflation and geopolitical unrest, the equity market in 2023 was strong, compared to a very weak year in 2022. It follows a recordRead More →