MARKETS

Norway fund may divest from ASX oilers

NORWAY’S sovereign wealth fund is moving further out of fossil fuels, planning to ditch some oilers and coal miners, potentially dropping some Australian Securities Exchange listed companies which could incldue BHP, Santos and Oil Search.

Helen Clark

In March it first suggested a divesture from some upstream oil and gas companies, with funds to total over US$8 billion out of its trillion dollar sovereign wealth fund. It said then it would retain...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.