Norway opens Johan Castberg oilfield in Barents Sea

Norway’s northernmost oilfield, Johan Castberg, has been opened, marking a significant milestone in the country’s energy sector. The field, inaugurated by Norway Minister of Energy Terje Aasland, is expected to produce oil for at least three...

Norway’s Oil Fund Sells Holdings in 11 Israeli Companies Amid Gaza Outcry

OSLO – Norway’s sovereign wealth fund, the Oljefondet, has announced it has sold all its shares in 11 Israeli companies. The move comes as a direct response to a public and political firestorm ignited by recent media revelations about the fund’s...

Norway wealth fund ends Israel asset management contracts

Norway's $2 trillion sovereign wealth fund said today it is terminating all contracts with asset managers handling its Israeli investments and has divested parts of its portfolio in the country over the situation in Gaza and the West Bank. The...

How Norway's Aftenposten reinvented its homepage with AI-powered personalization

This article was originally published by The Fix and is republished here with permission. Learn about the latest from the world of European media by signing up for their newsletter. Operating since 1860, Aftenposten is one of Norway’s largest and...

Norway's wealth fund divests from 11 Israel companies

The Norwegian sovereign wealth fund has announced a major reduction in its holdings in Israeli companies and that it has broken off its connection with the financial institutions that undertake its investments in Israel. The fund published a...

Norway wealth fund terminates Israel asset management contracts

Norway's $2 trillion sovereign wealth fund has said that it is terminating all contracts with asset managers handling its Israeli investments and has divested parts of its portfolio in the country over Israeli actions in Gaza and the occupied West...

Venus partner appoints ex-Vaar Energi executive to head operations

Impact Oil & Gas, a partner in TotalEnergies' huge Venus oil discovery offshore Namibia, has appointed Bjorn Thore Ribesen as its chief operating officer. His appointment comes months after the privately-owned player saw the retirement of...

Samsung Heavy Industries Secures 2.1 Trillion Won Order for 6 LNG Carriers

Samsung Heavy Industries has secured a large contract for liquefied natural gas (LNG) carriers, breaking its recent drought in orders. The company announced on Aug. 18 that it has signed contracts to build and supply six LNG carriers to two...

Dazzling players to be on show as Doha Bank Stars League set for exciting start

Tribune News Network Doha The Doha Stars League is all set for grand kick-off on Thursday, unveiling the arrival of many new stars in the squads of the twelve teams. Al Rayyan will meet Al Sailiya in the first match of the opening day at the Ahmad...

'Unacceptable': Norwegian minister slams rising food prices

Food prices in Norway rose by 5.9 percent between July 2024 and July 2025, according to new data from Statistics Norway (SSB). Food and non-alcoholic beverages saw the sharpest increase, with prices climbing 5.9 percent over the year and surging...

Bitcoin hits new all-time high: BTC may touch $125K as it skyrockets amid market frenzy – is now the moment to dive into crypto?

Bitcoin is trading at about $121,100, near its record high of $123,166, up 1.43% in one day. Its chart shows a strong upward trend with higher lows and a recent breakout. The 100-day and 200-day moving averages just crossed to the upside,...

Norwegian Sovereign Wealth Fund Withdraws from 11 Israeli Companies in Response to Gaza War

Facebook Twitter LinkedIn WhatsApp The Norwegian Sovereign Wealth Fund, the largest in the world, announced on Monday its withdrawal from 11 Israeli companies, following revelations about its investments in an Israeli manufacturer of engines for...

Norway sovereign fund drops investments in 11 Israeli companies

The decision to sell the investments was taken "in response to extraordinary circumstances" and the devastating war on Gaza [Getty] Norway's sovereign wealth fund, the world's largest, said Monday that it was selling its investments in 11 Israeli...

This Trump Tariff Could Increase America's Trade Deficit

President Donald Trump's trade war has fractured America's relationship with much of the world, including historic trading partners like Switzerland. In July, Trump imposed 39 percent tariffs on Switzerland—more than double the 15 percent rate to...

Norway's $2 Trillion Wealth Fund Ends Contracts For Israel Asset Management

LOADINGERROR LOADING ARENDAL, Norway, Aug 11 (Reuters) - Norway’s $2 trillion sovereign wealth fund said on Monday it is terminating contracts with asset managers handling its Israeli investments and has divested parts of its portfolio in the...

Norway to launch major oil and gas licensing round

Norway’s energy minister has announced preparations for a significant oil and gas licensing round on the Norwegian Continental Shelf, marking the first issuance of new drilling permits in unexplored regions since 2021, reported Reuters. Minister...

Gaza War: Will the world's wallet shift Israel's stance?

Israel's government has remained notably silent over Norway's decision on August 11 to partially divest investments in several Israeli companies, triggered by ethical concerns over the war in Gaza. The Nordic country's $2 trillion (€1.71 trillion)...

Wants to Assess Possibility of Nuclear Power in Svalbard

Les på norsk. The initiative marks the first formal step towards the possibility of establishing a nuclear power plant based on small modular reactors (SMRs) in Longyearbyen from the Swedish company Blykalla. "After the Governor has determined the...

Bill Kaplan: No deal, Putin-Trump Ukraine summit

The column below reflects the views of the author, and these opinions are neither endorsed nor supported by WisOpinion.com. Putin and Trump held a summit in Alaska to supposedly end Russia’s war against Ukraine, whose leader, President Zelensky,...

Norwegian fund sells shares in 11 Israeli companies