Danish academic pension fund divests from top oil giants

On the 09.05.19 at 8:09AM


Tuba Raqshan

MP Pension, Danish academic pension fund, will sell shares worth DKK 644 million (€86.3 million) belonging to the world’s largest oil conglomerates, including Royal Dutch Shell, ExxonMobil and Equinor.

The companies – ExxonMobil, BP, Chevron, PetroChina, Rosneft, Royal Dutch Shell, Sinopec, Total, Petrobras and Equinor – will no longer be part of MP Pension’s portfolio.

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