Nicolai Tangen

Norway's oil fund warns AI stocks could trigger a sharp fall, or even wipeout the fund

The Norwegian Petroleum Fund generated a record return of NOK 1,753 billion in the first half of the year, according to a recent report. But CEO Nicolai Tangen warns of a sharp decline - in the worst case, a wipeout of the entire value of the fund.

Norwegian Petroleum Fund exceeds 22 trillion Norwegian kroner for the first time

The value of the Norwegian Petroleum Fund has exceeded 22 trillion Norwegian kroner for the first time.

Norwegian Petroleum Fund posts minus 636 billion kroner quarterly return

The Iran war and the situation in the Middle East have affected the stock market. One of those affected is Norway's oil fund.

Norwegian Oil Fund: AI helps find risks

According to the world's largest sovereign investor, the Norwegian Petroleum Fund, AI provides useful assistance in identifying risks that other reviewers have missed.

Norwegian Petroleum Fund's returns rise 15.1 percent, American tech among its largest holdings

The value of the Norwegian oil fund's assets grew 15.1 percent last year, and American tech companies are among its largest holdings, according to an annual report. This compares with a 13.1 percent increase in 2024.

New confidence for the oil fund's CEO

81 men want to be oil fund manager – and one woman

The Norwegian Oil Fund's Record Profit – 2,500 Billion

2,447 billion kronor – that's the profit made by the Norwegian oil fund in 2024. This means a record for the world's largest state-owned investment fund.