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Germany takes unprecedented step to support heat-stricken energy sector

In an attempt to prevent a dramatic shortage in electricity production in central Germany, authorities have now authorized the usage of unusually warm river water to cool power plants. In Scandinavia, the prospect of rain provides a little room to breathe in a strained energy sector.

Photo: EDF

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Maersk will spin Drilling off and list it separately

Maersk has now decided to spin off Maersk Drilling as an independent entity that will be listed on then Copenhagen Stock Exchange. The future for Maersk Supply Service remains uncertain, according to Maersk's second quarter interim report Friday. Get an overview of the group's strategy progress here.

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