
Sarah McFarlane
Chief Correspondent, Energy Transition at Thomson Reuters
- London, England, United Kingdom
- sarah_mcfarlane
- in/sarah-mcfarlane-54908233
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- The Wall Street Journal1 article
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- Norway’s Sovereign-Wealth Fund Moves Toward Divesting From Oil, Gas Stocks8 Mar 2019—The Wall Street JournalNorway’s $1 trillion sovereign-wealth fund should stop investing in oil-and-gas companies, the country’s finance ministry said Friday, in a recommendation aimed at shielding one of the world’s largest funds from the risk of permanently lower oil prices. The ministry proposed that the fund remove energy exploration and production companies from its portfolio, following a 2017 recommendation made by the Norwegian central bank, which uses the fund to invest the proceeds of the country’s oil...
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