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Offshore wind leader DONG (Danish Oil and Natural Gas) exits fossil fuel business

by Futures Centre, Sep 28
1 minute read

Carol Brighton on Twitter

@DONG divests: The reversal for “Danish Oil and Natural Gas” is another major #signalofchange https://t.co/408sVXOle1 via @greentechmedia

Dong Energy Divests Its Oil and Gas Business to Focus on Renewables

The bells are tolling for the Danish oil and gas industry, and they sound like Dong. Denmark’s largest power producer, Dong Energy, agreed to sell its complete upstream oil and gas interests to global petrochemical manufacturer Ineos for $1.05 billion plus contingent payments, concluding an effort announced in October.

 


 

Updated on 28 Sep 2017:

Carol Brighton on Twitter

CleanEnergy Transformation: #OffshoreWind leader DONG (Danish Oil & Natural Gas) exits fossil biz #SignalOfChange https://t.co/BwFQEx6rQr

 

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