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Stanley Reed

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      • Norway Moves to Sell Some Oil and Gas Shares From Wealth Fund
        8 Mar 2019—The New York Times
        Marit Hommedal/NTB scanpix, via Associated Press LONDON — The Norwegian government has recommended that the country’s $1 trillion wealth fund sell its holdings in a group of companies that focus on finding and producing oil and gas. The decision, the result of a two-year review of the giant fund’s investments in fossil fuels, is a compromise that stops short of divestment in major energy companies like Exxon Mobil and Royal Dutch Shell. But the fund’s activities are closely watched and the...

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