The Business Times

Norway

International

Japan to start planning floating wind test centre next year

A supporter of the Progress Party holds a leaflet showing party leader Sylvi Listhaug, who says "Norway should be the last country in the world to stop (oil) production".
Opinion & Features

Norway says pump it up on oil and gas for now

A Tesla dealership in California. Photographer: David Paul Morris/Bloomberg
Transport & Logistics

Tesla grabs top spot in market where almost all new cars are EVs

Nicolai Tangen, chief executive officer of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Thursday, April 24, 2025. Norway’s $1.7 trillion sovereign wealth fund reported its biggest loss in six quarters in what was a roller-coaster period for markets globally, with the decline largely caused by a drop in the value of technology companies. Photographer: Naina Helen Jama/Bloomberg
Banking & Finance

Norway’s US$1.9 trillion wealth fund returns 5.7% in H1

SHARES of RH Petrogas and Rex International were actively traded on Thursday (Mar 3), after oil surged beyond US$110 a barrel as the market braced for supply disruptions from sanctions imposed on Russia.
Companies & Markets

Rex International signals start of Okea’s exploration well drilling in Norway’s Brage Field

Norway’s sovereign wealth fund will now “focus on better efficiency through more use of technology,” CEO Nicolai Tangen said.
Global Enterprise

Norway wealth fund’s use of AI triggers hiring freeze, CEO says

Hoegh Gandria will be converted to floating storage regasification unit for deployment to the liquified natural gas terminal in Port of Sumed, Egypt.
Companies & Markets

Seatrium bags floating storage regasification unit conversion contract from Norway’s Hoegh Evi

FILE PHOTO: A view shows the building of Norway’s central bank (Norges Bank) in Oslo, Norway, June 23, 2022. REUTERS/Victoria Klesty/File Photo
Companies & Markets

Push to allow Norway's wealth fund to invest in defence companies falters

“The way to behave in the market now is just to be broadly diversified and very, very long term”, says Nicolai Tangen, head of Norway’s US$1.8 trillion sovereign wealth fund.
Companies & Markets

Norway wealth fund CEO sees potential in real estate, renewable assets

“The quarter has been impacted by significant market fluctuations,” says chief executive officer Nicolai Tangen.
International

Norway US$1.7 trillion wealth fund reports tech-stock driven loss

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