Norway
Norway wealth fund to vote against Musk US$1 trillion Tesla pay package
Investors in the electric-vehicle maker will decide on Nov 6 whether to approve the package
Japan to start planning floating wind test centre next year
The country is targeting 45 GW of offshore wind pipeline by 2040
Norway says pump it up on oil and gas for now
The country has seen a return to a more unapologetic stance of producing energy to help wean Europe off its dependence on Russia
Tesla grabs top spot in market where almost all new cars are EVs
[OSLO] Tesla accounted for more than a fifth of new car sales in Norway in August, with electric cars as a whole accounting for 97 per cent of new passenger vehicle registrations.
Norway’s US$1.9 trillion wealth fund returns 5.7% in H1
The return was led by equities, which rose by 6.7%
Rex International signals start of Okea’s exploration well drilling in Norway’s Brage Field
The well aims to test hydrocarbon presence in geological layers that have not been penetrated before
Norway wealth fund’s use of AI triggers hiring freeze, CEO says
As of the end of 2024, the fund employs 676 people in offices in Oslo, London, New York, and Singapore
Seatrium bags floating storage regasification unit conversion contract from Norway’s Hoegh Evi
Engineering works for the project will commence this month
Push to allow Norway's wealth fund to invest in defence companies falters
The fund can invest in defence companies if they are not involved in the production of nuclear weapons
Norway wealth fund CEO sees potential in real estate, renewable assets
[OSLO] Real estate and renewable assets are becoming more attractive in the face of stock market volatility, according to the head of Norway’s US$1.8 trillion sovereign wealth fund.
