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

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.

The Danish renewable-energy company expects earnings before interest, taxes, depreciation and amortization excluding new partnerships and cancellation fees at between 25 billion and 28 billion kroner ...

The renewable energy group cut its investment program to 2030 by 25% despite posting full-year results it said were in line ...

New chief Rasmus Errboe launched strategy to 'support a solid investment grade credit rating', company reports ...

Ørsted said it is cutting its investment program to 2030 by 25%, as the offshore wind industry struggles with rising costs ...

On his first day in the Oval Office, President Donald Trump signed an executive order that attempts to slow the growth in the ...

With Monday’s confirmation of energy executive Chris Wright to serve as secretary of Energy, President Donald Trump now has ...

Oil futures fell Wednesday, poised to mark their lowest settlement of the year so far, after official U.S. data showed a weekly climb of nearly 9 million barrels in U.S. crude inventories and as ...

CEO and group president Mads Nipper has been replaced by the company just ahead of the release of the company's 2024 annual ...

The chief executive officer of Danish energy company Ørsted, Mads Nipper, is stepping down from his position as group ...

The company said it is parting ways with Mads Nipper as it grapples with supply-chain bottlenecks, high financing costs and President Trump’s opposition to wind power.