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All posts by John Heerdink

Investment Restriction Withdrawn From Norway Wealth Fund

Norway’s $1 trillion wealth fund is reportedly now permitted again to invest in miner Rio Tinto and retailer Walmart after it was excluded and prohibited from the fund’s investments on ethical grounds previously, as reported by the board of the Central Bank. The board informed...

Exxon To Sell All Stakes Off Norwegian Fields

Reportedly, Exxon Mobil will be selling all of the stakes that it holds in oil and gas fields located off the Norwegian coast. Exxon had sold its operated assets in the area two years back and was currently in possession of more than 20 fields,...