Investors Mount Attack on Norway in $20 Billion Oil, Gas Row

Allianz SE (ALV), Abu Dhabi’s wealth fund and firms including Statoil ASA (STL) have mounted a multi-pronged battle against Norway to defend revenue and oil- and gas-industry projects valued at $20 billion.

Norway finds diversification easier said than done

Spare a thought for the incoming Conservative-led coalition government in Norway. The likely next Norwegian prime minister, Erna Solberg, has a problem every other leader would like to face: how to supervise a massive sovereign fund that already has assets of more than 150% of the country’s gross domestic product, and is destined to get even bigger in coming years.

Norway Oil Riches Up for Grabs as Anti-Tax Group Set to Win

Norway’s Sept. 9 election is set to open up a debate on how much of the nation’s oil wealth can be funneled straight into Scandinavia’s richest economy.

Total: Picked EDF-Led Consortium to Sell TIGF for 2.4 Billion Euros

Total SA (FP.FR, TOT) Tuesday confirmed it entered exclusive talks with a consortium led by Electricite de France SA (EDF.FR) to sell its natural-gas transport and storage unit TIGF, for a price valuing the company at 2.4 billion euros ($3.26 billion).

Abu Dhabi energy firm to buy $1 billion assets from BP Oil and Gas

DUBAI: Abu Dhabi National Energy Company PJSC (TAQA) has agreed to buy assets worth over USD 1 billion from BP oil and gas in the UK North Sea.

Russia Wealth Fund May Aim at 2 to 1 Bonds/Shares Ratio -Deputy Fin Min

MOSCOW--Russia may aim at having a stocks to bonds ratio at 1 to 2 in its sovereign wealth funds, using Norway's pension fund's structure as an example, Deputy Finance Minister Sergei Storchak said Tuesday.