The revenues from Venezuela's oil exports will go to accounts of the U.S. Department of the Treasury
Venezuela's oil revenues will now be deposited directly into accounts managed by the U.S. Treasury instead of a Qatar fund, according to U.S. Energy Secretary Chris Wright.
The head of the Oil Fund earned 7.6 million last year
Nicolai Tangen, the head of Norway's Oil Fund, earned a salary of 7.6 million kroner last year, reflecting a 2.7% increase from the previous year.
Near Record Returns for the Oil Fund Last Year
The Norwegian Oil Fund, known as the Government Pension Fund Global, achieved near-record returns in 2025, with a profit of 2362 billion NOK and an overall return of 15.1%.
High Returns for the Oil Fund in 2025
Norway's Oil Fund achieved a remarkable return of 15.1 percent in 2025, driven by strong global stock market growth.
Oil Fund Manager Nicolai Tangen Earned 7.6 Million NOK Last Year
Nicolai Tangen, the manager of Norway's Oil Fund, earned 7.6 million NOK in 2025, a slight increase from the previous year, but still less than his peers heading equity investments.
Group writes Tinubu, seeks executive order on 13% derivation fund
The Niger Delta Civil Society Forum has appealed to President Tinubu for an executive order to address issues related to the implementation of the 13% Derivation Fund in Nigeria, claiming it is unconstitutional and detrimental to oil-producing communities.
Angola's Sonangol in talks with China for $4.8 billion refinery loan
Angola's state oil company Sonangol is negotiating a $4.8 billion loan with Chinese institutions to fund a new refinery in Lobito, marking a significant shift in their borrowing practices since 2017.
The Oil Fund divested from 58 companies last year
Norway's Oil Fund divested from 58 companies in 2025 due to increased geopolitical tensions, climate change implications, and other market uncertainties.
The Oil Fund Exited 58 Companies Last Year
Norway's Oil Fund divested from 58 companies in 2025, as stated in a report on responsible management.
Glimt and Knutsen honored all over the world: - Should give him the oil fund
Bodø/Glimt's remarkable victory over Inter Milan in the Champions League has sparked admiration and envy across Europe, highlighting their impressive recent performances against top teams.
Maniac, Red Alert, and the Oil Fund
The article discusses Shazia Majid's commentary on the Oil Fund's AI experiment and the risks associated with rapid technological advancements.
The Oil Fund's AI Experiment
A commentator critiques the Norwegian Oil Fund's enthusiasm for AI, cautioning against potential systemic risks and loss of expertise in the pursuit of marginal savings.
- If people have not had their fingers in AI, then they have not understood it
Nicolai Tangen, CEO of the Norwegian Oil Fund, emphasizes the significance of artificial intelligence as the most important technological change of our time.
Remittance of 1% Nigerian content levy still mandatory – NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) has reiterated the obligation for oil and gas operators to remit a 1% levy to the Nigerian Content Development Fund.
NCDMB issues warning over mandatory 1% oil fund levy
The Nigerian Content Development and Monitoring Board has reaffirmed the mandatory requirement for a 1% levy for the Nigerian Content Development Fund from operators in the oil and gas sector.
Niger Delta group urges Tinubu to issue executive order on 13% derivation fund
The Niger Delta Civil Society Forum is urging President Bola Tinubu to issue an Executive Order to ensure the effective implementation of the 13% Derivation Fund dedicated to oil and gas producing communities.
The pre-salt fund has a limited role in the distribution of oil wealth
Fifteen years after the establishment of Brazil's Pre-Salt Social Fund, its effectiveness in addressing social development and reducing inequalities has been hampered by governance issues.
– Every company should have a crazy person on top
Nicolai Tangen, the head of Norway's Oil Fund, argues that the Norwegian business sector is lagging in artificial intelligence (AI) adoption, advocating for its pivotal role in enhancing productivity and trading.
It has become more difficult to be rich
This article discusses the increasing challenges faced by the wealthy in Norway against the backdrop of the country's substantial sovereign wealth fund.
Has the Oil Fund Made Norway a Spoiled and Lazy Nation?
The article discusses the perspectives surrounding Norway's wealth from its oil fund and suggests that this may have led to a stagnation in the country's development.
CCB quizzes OSOPADEC leadership over N400m fraud
The leadership of the Ondo State Oil Producing Area Development Commission (OSOPADEC) is being questioned by the Code of Conduct Bureau over alleged misappropriation of N400 million.
Epstein used Rød-Larsen to reach the Oil Fund
Jeffrey Epstein sought to contact Norway's Oil Fund through former diplomat Terje Rød-Larsen in 2015, according to newly released documents.
Venezuela will have to apply for allocation from its own oil fund in Qatar
Venezuela is set to apply for disbursements from its oil fund managed in Qatar, amidst discussions about potential U.S. military intervention in the country.
UK considers using oil from Russia's shadow fleet to support Ukraine, says The Times
The UK is exploring the use of oil seized from Russia's shadow fleet to fund military aid for Ukraine amid ongoing energy sanctions against Moscow.
USA preparing to lift sanctions on Venezuelan oil. Decision coming next week
The U.S. is set to decide on lifting sanctions on Venezuelan oil next week, with discussions also planned regarding the International Monetary Fund's engagement in Venezuela.
Donald Trump signs a decree to protect Venezuelan oil revenues held in the United States
Donald Trump has signed an emergency decree to provide special protection for Venezuelan assets, including oil revenues, located in the U.S., by creating a state-owned deposit fund controlled by the U.S. government.
In the Mind of Donald Trump: Venezuela as a Fund and the... Reluctance of US Oil Giants to Invest in the Country
The article discusses Donald Trump's view of Venezuela as a business opportunity while highlighting the reluctance of US oil companies to invest in the country, which critics label as outright exploitation.
Chevron divides the skin on Lukoil. It is worth 22 billion dollars
Chevron and the private equity fund Quantum Capital Group have proposed to acquire all international assets of Lukoil, valued at $22 billion, which includes production facilities, refineries, fuel storage, and over 2,000 gas stations across multiple regions.
Norwegian Sovereign Fund: First Returns, Then Morality?
Norway's oil fund has demonstrated the long-term benefits of divesting from companies with questionable ethics, a practice that should be upheld in the future.