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Norway’s wealth fund axes Cairn and Kosmos over Western Sahara business – Yahoo Finance UK

Norway’s $834 billion sovereign wealth fund, the world’s largest, said on Tuesday it has banned Cairn Energy (LSE: CNE.L – news) and Kosmos Energy (NYSE: KOS – news) from its portfolio due to their business in the disputed territory of Western Sahara. The two oil and gas firms both said they had done nothing wrong in connection with their business in the region.

Source: Norway’s wealth fund axes Cairn and Kosmos over Western Sahara business – Yahoo Finance UK

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