Also this week, two vessels are due in the waters off shore at Smith Point as crews begin horizontal drilling under the beach ...

President Trump's policies create uncertainty for the U.S. wind energy sector, as his administration prioritizes fossil fuels ...

Carlsberg profits after offloading Russian subsidiary, Ørsted struggling with cancellations, Ryanair cancels Billund bookings ...

CEO Rasmus Errboe outlined a strategic shift to prioritize offshore wind projects in regions with favorable frameworks, while reducing long-term investment plans by 25%. He noted this disciplined ...

Ørsted, the world's largest offshore wind developer, has announced it is slashing investment in offshore wind by 25%.

New CEO R. Errboe reshapes strategy to further strengthen the balance sheet EARNINGS/SALES RELEASES In line with the guidance ...

Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts.

Orsted guided for slightly higher earnings this year, a day after it slashed spending plans for the coming few years to shore up its balance sheet.

Danish energy company Ørsted has announced a 25% reduction in its investment programme up to 2030, despite the company's full-year results meeting expectations. The company attributed the decision to ...

Almost 81GW of offshore wind capacity is now operating worldwide, up from 70.2GW this time a year ago, according to a new ...

Danish offshore wind power giant Orsted said Thursday it would downsize investments as it reported a small net profit for ...

Offshore wind giant Ørsted has cut investment and targets for new renewable energy projects amid dwindling share prices. It ...