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The move, by Norway's Sovereign Wealth Fund, is believed to help an emerging global campaign to move away from oil and towards renewable energies. (Shutterstock)
November 19th, 2017 - 06:00 GMT

The End of Oil: World’s Largest Fund to Dump Oil Investments, Invest Away From Oil

Norway's Sovereign Wealth Fund, the largest investment portfolio in the world, says it is considering a plan to dump investments for oil and gas companies.
Read more
 The slump represented a wipe-off in market value of about $255 billion for European stocks listed on the broad STOXX Europe 600 index
October 16th, 2014 - 11:41 GMT

The new recession? European stocks suffer biggest one-day slide since 2011

Al Bawaba
September 1st, 2014 - 09:26 GMT

Could Saudi Arabia learn from Norway when it comes to oil?

The existence of rival governments and rival prime ministers in Tripoli are a nightmare for foreign oil companies, oil traders and diplomats.
June 11th, 2014 - 11:14 GMT

How Libya's oil troubles have literally become everyone's nightmare

Al Bawaba
February 13th, 2014 - 03:00 GMT

Moscow's second largest oil producer wants to invest in this MENA economy

 In a message to members of the Organization of Petroleum Exporting Countries (OPEC), Zanganeh also said that unconventional oil production from shale reserves by non-OPEC countries will not be a threat to OPEC.
January 7th, 2014 - 03:55 GMT

Desperate for a comeback, Iran's oil minster sends a loud and clear message to OPEC's giants

audi Arabia’s domestic consumption needs have soared as its 28-million population enjoys heavily-subsidised petrol and power while its oldest oilfields.
December 24th, 2013 - 06:15 GMT

Are Saudi Arabia's OPEC oil tactics delusional or realistic? Why it's probably the former

Iranian Oil Minister Bijan Zanganeh named the seven in order: Total of France, Royal Dutch Shell, Italy's ENI, Norway's Statoil, Britain's BP and US companies Exxon Mobil and ConocoPhillips .
December 8th, 2013 - 03:55 GMT

Candid wishlist: Iran is not so subtle when it comes to the oil clients it wants back

Algeria plays a critical role in the international oil and gas market. It is the third largest natural gas producer in the Arab world after Qatar and Saudi Arabia, the leading gas exporter in Africa and an energy supplier to France, Spain, Italy, Turkey, US and China.
October 22nd, 2013 - 08:39 GMT

Algeria: the Arab World's often forgotten massive oil giant

The U.S. is expected to produce an estimated 230 million tons of gas over the next decade
April 23rd, 2013 - 08:46 GMT

Lebanese offshore has may not be the big money spinner it hopes

Eni, the Italian energy company, is hoping to ensure the safety of the Trans-Mediterranean gas pipeline
April 22nd, 2013 - 11:38 GMT

Eni reviews security at Tunisian facility

The terrorist threat in southern Algeria will have no impact on national energy production, Algerian Energy Minister
March 19th, 2013 - 11:04 GMT

Algeria's energy industry to keep growing despite security concerns

The gas facility at the centre of the Algeria hostage crisis is set to restart production on February 24
February 20th, 2013 - 07:49 GMT

Algerian hostage gas site to restart production

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