{"id":625194,"date":"2023-12-29T11:26:19","date_gmt":"2023-12-29T05:56:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=625194"},"modified":"2023-12-29T11:26:19","modified_gmt":"2023-12-29T05:56:19","slug":"norway-fund-drops-saudi-aramco-11-other-gulf-firms","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/norway-fund-drops-saudi-aramco-11-other-gulf-firms\/","title":{"rendered":"Norway fund drops Saudi Aramco, 11 other Gulf firms"},"content":{"rendered":"<p>OSLO: Norway&#8217;s largest pension fund said Thursday it has divested from Saudi Aramco due to the oil giant&#8217;s lack of climate action and from 11 other Gulf companies over human rights concerns.<\/p>\n<p>KLP, which manages over 700 billion kroner ($70 billion), said the exclusion amounted to $15 million.<\/p>\n<p>The fund dropped 11 companies in the telecommunications and real estate sectors from Kuwait, Qatar, Saudi Arabia and the United Arab Emirates &#8220;over unacceptably high human rights violations&#8217; risks&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OSLO: Norway&#8217;s largest pension fund said Thursday it has divested from Saudi Aramco due to the oil giant&#8217;s lack of climate action and from 11 other Gulf companies over human rights concerns. KLP, which manages over 700 billion kroner ($70 billion), said the exclusion amounted to $15 million. The fund dropped 11 companies in the telecommunications and real estate sectors from Kuwait, Qatar, Saudi Arabia and the United Arab Emirates &#8220;over unacceptably high human rights violations&#8217; risks&#8221;.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,207,143],"tags":[],"class_list":["post-625194","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/625194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=625194"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/625194\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=625194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=625194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=625194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}