Denmark is getting rid of its last oil company as the petroleum age is slowly dying out. The most recent deals is the acquiring of Maersk Oil by the French giant Total for $7.45 which follows the sale of Dong Energy’s North Sea oil and gas production to Ineos AG.
read more... 30/08/2017
Wind farm operators are seeking for a new generation of colossal wind turbines, taller than many skyscrapers, as they want to remain profitable after EU cancels subsidies, that have ruled the green industry since the 1990s. The main countries of the EU offshore wind industry - Denmark, Germany, the Netherlands, and UK - are looking to gradually reduce contributions over the next decade. Subsidies still account for almost 50% of EU wind projects' income.
read more... 28/06/2017
Germany, Denmark and Belgium joined with 25 industry giants, including Dong Energy and Siemens Gamesa, to issue a statement pledging to increase Europe's offshore wind capacity by almost 500% in the next decade.
read more... 09/06/2017
Poland's Gaz-System declared on Tuesday that the total CAPEX linked to the construction of the new gas pipeline to Denmark, known as the Baltic Pipe, is expected at 1.6 billion-2.1 billion euros ($2.36 billion).
read more... 07/06/2017
Denmark's government finds itself trapped in the middle of a geopolitical conflict as Russian state gas exporter Gazprom and its partners behind Nord Stream 2 pipeline project are looking for approval to pump more gas to Europe via the Baltic Sea to Germany.
read more... 10/04/2017