July 8, 2013: Norway’s Pension Fund divests from UK Oil Company SOCO International Plc

Norway’s Pension Fund divests their investments of over $ 33 million from UK oil company SOCO International Plc. The Norwegian oil fund, which has been the fourth largest institutional investor in the company, is sending with this a powerful signal to Soco International and its remaining shareholders. . There are too many concerns with oil… Read More

Norwegian Pension Fund increases controversial oil investments in Congo

WWF demands clean-up from Minister of Finance, Mr Sigbjoern Johnsen. From 2010 to 2011 the Norwegian State Pension Fund increased its investments in the British oil company Soco International PLC by almost 73 million Norwegian kroner2 to over 200 million kroner (EUR 27.5 million). This is a company that uses its economic strength and willingness… Read More