The case for COP28 and developing nations’ needs
It is time developing countries take a page from the Willie Sutton play book and look to the oil industry for funding their energy transition – that’s where the money is.
sovereign wealth fund
From little acorns: ScotWind, Norway, and a Scottish sovereign wealth fund
The Norwegian sovereign wealth fund; the envy of governments the world over.
Scottish Government looking at using renewables cash to create wealth fund
Cash generated by Scotland’s offshore wind boom could be used to create a sovereign wealth fund, the cabinet secretary for net zero has revealed.
‘ScotWind £700m should be used to create Scottish sovereign wealth fund’
The ScotWind licencing announcements on January 17th were certainly a welcome and hugely material vote of confidence in the future of the offshore energy sector in the UK.
What would you do with $96bn?
Mozambique expects to earn $96 billion from the production and liquefaction of its natural gas reserves and is considering a sovereign wealth fund (SWF) in order to maximise the benefits.
Norway’s $1tn fund set to get green light for oil divestment
Norway’s $1 trillion sovereign wealth fund is about to get the green-light to dump more than $13 billion in stocks linked to fossil fuels as well as a broad range of emerging-market bonds.
Norway’s $1tn wealth fund moves closer to oil exit
Norway’s $1 trillion sovereign wealth fund cleared a hurdle on its proposed path to exiting oil and gas stocks.
Investors managing $630bn react to Norway oil ‘revolution’
Asset management in the Nordic region is dominated by Norway’s $1 trillion sovereign wealth fund, which last week said it wants to exit all its oil and gas stocks.
Norway’s wealth fund in talks with coal-related firms
Norway's $900billion sovereign wealth fund is in a talks with 26 companies because they use or produce coal, its CEO has revealed.
Kuwait plans $100bn sovereign wealth fund, Al-Anba says
Kuwait plans a new state-owned fund to manage as much as $100 billion in local assets with the goal of selling them to private investors in five to seven years, Al- Anba newspaper reported.
Norway opens production tap to counter oil price slump
Norwegian oil companies are turning on the spigots to counter plunging crude prices.
Plexus shares rise, Xcite and Parkmead down
The FTSE 100 Index weathered the latest eurozone storm today after plans for a levy on bank deposits in Cyprus had earlier threatened to derail markets.
‘Tax rises for oil and gas if Scots go solo’
Chief Treasury Secretary Danny Alexander will claim today that oil and gas taxes could be increased in an independent Scotland.