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International cooperation within energy and petroleum research

Participation in international R&D cooperation in the field of energy and petroleum has a high priority and is an important supplement to Norwegian national research. Norway participates primarily in co-operation activities within the EU, through

Report No. 20 to the Storting (2008-2009) - On the Management of the ­Government Pension Fund in 2008

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The National Budget will be presented for the Parliament (Storting) October 8th 2012. The National Budget presents the Government's programme for the implementation of economic policy and projections for the Norwegian Economy.

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Ethical guidelines

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The Council on Ethics

The Council on Ethics was established by Royal Decree 19 November 2004. The Council on Ethics provides an evaluation of whether investments in specified companies are inconsistent with the ethical guidelines.

The start of the construction work, April 2007

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Preparatory work

In the autumn of 2002, the Government appointed a committee to propose ethical guidelines for the Government Petroleum Fund. The committee, which was chaired by Professor Hans Petter Graver, presented its findings on 25 June 2003. The Government

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Investment Strategy

The objective for the management of the GPFN is to maximise financial returns measured in Norwegian kroner, given a moderate level of risk. The main part of the assets of the GPFN is invested in the Norwegian equity and fixed income markets.

Fund Performance

GPFN annual geometric average return. Measured in Norwegian kroner. Per cent Half year 2024 Last 5 years Last 10 years Since 2007 GPFN Portfolio 6.97 8.32 7.59 7.57 Benchmark index 6.50 7.40 6.63 6.58 Excess return (percentage points) 0.47 0.92 0.96

Nordic Council of Ministers Conference on Labour Market Inclusion of Refugees

In this conference on 13th June, hosted by the 2017 Norwegian Chairmanship of the Nordic Council of Ministers, the focus of plenary sessions and workshops will be on key strategic elements for a successful labour market and social integration,

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Philippine peace talks

Renewed hope in the peace process - the Philippine government and the Communist Movement signed a joint vision for peace in Oslo on 23 November 2023.