You back to caring about failures, or you wouldn be asking this question. People are obviously still getting laid. Still getting married, still having success. The S Capped Energy Index, Canada benchmark energy index, has a market cap of $240 billion.The retreat by the world largest sovereign wealth fund would come at a time when the Canadian oil and gas industry has witnessed a massive sell off by international producers from its oilsands sector. ConocoPhillips Co., Royal Dutch Shell PLC, Statoil ASA and others have sold stakes in the heavy oil space totalling nearly $30 billion.Norway finance ministry would still have to sign off on the bank recommendation, and a final parliamentary decision would come in June 2018 at the earliest, according to a report by Reuters.Still, such a divestment would mark a substantial withdrawal. The fund global oil and gas positions currently account for just over six per cent of its portfolio, or US$37 billion.The NBIM currently oversees a total US$938 billion of assets, about US$12.8 billion of which is parked in Canada.

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