It’s easy to see the oil and gas asset sell-off proposed by Norges Bank Investment Management, the entity that runs Norway’s $1 trillion sovereign wealth fund, as a bet on the hydrocarbon industry’s long-term decline. Indeed, Siv Jensen, Norway’s finance minister and the proposal’s addressee, predicted such a decline in a conference speech on Friday. But there’s a better reason ...

At a global economic conference last weekend, the US was everywhere and nowhere. In conversations at the World Economic Forum’s Global Future Councils, people wrestled with challenges to the global trading system, developing infrastructure for the 21st century, and restoring trust in experts and leadership. Donald Trump was never far off — his election being a kind of shorthand for ...

Is Tesla Inc.’s Semi on the verge of doing to the trucking industry what the iPhone did to telecommunications? Probably not — but the decarbonization of road freight may still upend both the logistics business and the oil industry. To see why, have a look at the International Energy Agency’s estimates last week for future oil demand. Consumption by passenger ...