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.

Norway fund may divest from ASX oilers Norway fund may divest from ASX oilers Norway fund may divest from ASX oilers Norway fund may divest from ASX oilers Norway fund may divest from ASX oilers

 

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.

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