Duke Energy has reported $985 million in profits in its Q2 2025 financial report, driven by rate increases and development ...

ExxonMobil is poised to benefit significantly from Guyana's emergence as a major oil-producing nation due to favorable terms ...

Board of Directors has elected to end its planned partial divestment of a wind project off the coast of New York.

The Danish government moved Monday to contribute half of a new $9.4 billion rights issue for beleaguered wind energy ...

Danish energy giant Orsted abandons partner strategy, to fund Sunrise Wind project alone by raising $9.4 billion to cover ...

Good afternoon and happy Monday, readers! In today’s edition of Daily on Energy, we dive right into the president’s decision to mobilize hundreds of thousands of National Guard troops in Washington, D ...

The Danish group has little choice but to pursue a rights issue given its Sunrise Wind project has run into a Trump-shaped obstacle ...

Ørsted is planning a Dkr60bn (€8bn) rights issue, the Danish energy company announced on Monday. Morgan Stanley will fully ...

An early mover in offshore wind, Orsted benefited from the decline in construction costs and interest rates of the last decade while getting high subsidies. It became the global offshore wind leader ...

The arrangement reflects US president Donald Trump’s efforts to engineer a financial payout for America in return for ...

The company said the rights issue is intended to enhance the value of Ørsted’s portfolio by covering the incremental funding ...

Danish offshore wind power group Ørsted said on Monday it was planning to raise 60 billion kroner ($9.4 billion) by selling ...