POSTED BY JOHN DONOVAN: 8 AUG 2024
In the high-stakes world of global finance, Norges Bank Investment Management (NBIM) stands out as a major player with its 3.00% stake in Shell Plc. As the entity responsible for managing Norway’s sovereign wealth fund, NBIM’s investment in Shell reveals a fascinating interplay of power, influence, and hypocrisy. Let’s dive into the dynamics of this relationship, explore the influence NBIM wields over Shell, and uncover any tensions that have arisen over time.