Orsted was in the fossil fuels business as "Danish Oil and Natural Gas" for much of its lifetime. It's renewable energy pivot is hurting in the U.S. now.

Analysts say Nipper was 'victim of circumstances,' not least Trump’s recent re-election in the US, but ultimately has himself ...

CEO Mads Nipper will step down and Rasmus Errboe, current deputy CEO and CCO, will assume his position with the company.

The renewable-energy company said it is shifting focus in the face of increasing challenges buffeting the industry, with ...

Orsted Chief Executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest ...

Danish energy company Orsted, a worldwide leader in offshore wind, has replaced its CEO, who began offshore wind projects in the United States that have mostly stalled.

Mads Nipper, who has led multinational energy giant Ørsted since January 2021, will be replaced by Rasmus Errboe, the current ...

Britain’s biggest offshore wind developer has replaced its chief executive as the global shift to net zero falters.

Offshore wind giant Orsted has dumped its chief executive as it looks to reverse the 80 per cent collapse in its share price ...

Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...

Orsted has cut its 2030 renewables target by almost half within 12 months, with new chief excutive Errboe saying this will ...

Orsted is parting ways with Chief Executive Officer Mads Nipper as the Danish wind energy group grapples with supply-chain bottlenecks, high financing costs and U.S. President Trump’s opposition ...