Tag Archives: BWC

Norway Oil Fund Excludes Nuclear Weapon Producers, Reverses Exclusions

Babcock & Wilcox Co. (BWC) and Jacobs Engineering Group Inc. (JEC) have been excluded from the portfolio of Norway‘s $698 billion sovereign wealth fund, or oil fund, because the companies were involved in the production of nuclear weapons, the Ministry of Finance said Friday.
Source: FULL ARTICLE at Fox Business Headlines