Norway's supreme court in mid-October ruled the license of Europe's largest onshore wind project invalid, which could set a precedent for similar endeavors in the country, according to professor.
The Norwegian oil giant soars skyward with its best adjusted earnings item on record following a recovery in commodity prices. Though it remains important to monitor fluctuations, CEO warns.
Only three years after the Danish developer entered the Lithuanian market, European Energy now closes a divestment of wind farms totaling 185.5MW. We're far from done in the Baltics, says CEO.
Wintershall Dea isn't worried that TotalEnergies and Ørsted have declared their entry into carbon storage in the Danish North Sea. "That's what happens when you're in an interesting market," says CEO Mario Mehren.
Uncertainty, supply chain pressure and delays among customers all factor into dwindling profits from onshore wind for the US-based OEM, still showing losses on offshore wind and now downgrading its full-year guidance.
Bioenergy division helps boost the Danish enzyme maker in everything from revenue to operations and profit, prompting the firm to raise its full-year guidance.
The Norwegian offshore service operator company is dialing up on its annual top-line guidance after a busy summer, shows new interim report.
Two of Canada's new ministers have green political backgrounds to the joy of some, while causing concern for others.
Major Dutch pension fund ABP is offloading all of its fossil investments, aiming to sell EUR 15bn worth of shares.
John Fredriksen's strained drilling company Seadrill has received final approval of its restructuring plan by a court in Texas. The company now expects to exit bankruptcy protection within 60 days.
Neither coal nor oil extracted from tar sands will be be found in Danish pension company Velliv's portfolio now that the company has decided to completely exclude such assets.
Australia aims to achieve net-zero carbon emissions by 2050 but doesn't strengthen 2030 target.
For the first time, Beijing's official plan of action includes a goal for reducing carbon dioxide emissions before 2030.
A trader at KPI Oceanconnect, a subsidiary of Bunker Holding, has been charged with corruption totaling at least USD 191,250 as rewards for nominating Straits for the supply of bunker fuel to KPI's customers. The employee has been suspended and his contract terminated, the company informs ShippingWatch.
The European Union has green-lit millions of euros of subsidy for a 100MW hydrogen project in Denmark with the involvement of several big domestic players. The project is meant to be the enabling stepping stone for GW-scale H2 projects as well as electrolysis at sea.
The German gas giant more than doubled its Q3 sales, although an explosion in Russia still poses challenges for the company.
The wind developer announces the sale of a Polish wind farm alongside its third-quarter financials, which are somewhat below level from 2020.
As the first offshore wind turbine manufacturer to do so, Siemens Gamesa establishes production in the US with the announcement of a blade factory in Virginia – although it's not quite a blade plant as such, and the FID is not yet taken.
European Union energy ministers clashed at an emergency meeting over how to cushion consumers and companies from soaring power and natural gas prices, with political and legal constraints leaving little room for immediate action.
The Finnish firm presents major advancement on all parameters in Q3, in particular the energy division's soaring result and order intake. The company also takes the occasion to present its carbon-neutrality goal for 2030.
Public authorities approve Ørsted's plan for a German patchwork offshore wind farm already half sold and now just pending a final investment decision.
Danish engineering firm Enabl has secured an order worth a "double-digit million-euro" sum for three production lines for an upcoming turbine tower factory in the country.
Green hydrogen production will play a central role in climate change mitigation, and currently high natural gas prices make H2 more competitive, deems CEO of Aker Clean Hydrogen.
German utility RWE has commissioned its first French wind farm, with Norwegian colleague Statkraft buying the electricity.
Interest group Norwegian Oil & Gas has found its replacement for Anniken Hauglie.
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