DEA has authorized start-up of the 1 GW Thor offshore wind farm in the North Sea. RWE leads construction and operations, with completion required by end-2027 and a 30-year production permit.
Island Oil appointed Christian Larsen as Senior Trader as it establishes operations in Denmark, expanding its marine fuel trading footprint in northern Europe.
Ørsted said it has no plans to merge with or take over Equinor’s renewables business, following Equinor’s proposal for closer ties. The Danish offshore wind company said it remains focused on executing its strategy.
Copenhagen Infrastructure Partners will invest USD 3 billion in its first offshore wind project in the Philippines with ACEN, supporting the country’s renewable energy transition.
Ørsted reported a DKK 1.7bn net loss in Q3 2025, reversing a prior-year profit as offshore wind earnings weakened amid lower wind speeds.
Ørsted has raised $9.4 billion through a major rights issue to strengthen its finances after challenges in the U.S. offshore wind sector. The capital will fund Sunrise Wind and support the company’s global renewable energy strategy.
Denmark has escalated maritime inspections to target Russia’s shadow fleet, expanding safety and environmental checks on tankers operating near Skagen Red to curb illegal oil transport.
Ukrainian President Zelenskyy accused Russia of using its shadow fleet to launch drones towards Europe and urged new sanctions as Denmark boosts summit security.
