Wednesday, 2 April 2025

Focus on Ørsted

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Equinor third quarter 2024 results

Equinor (OSE: EQNR, NYSE: EQNR) delivered adjusted operating income* of USD 6.89 billion and USD 2.04 billion after tax in the third quarter...

FILE PHOTO: Logo of British Petrol BP is seen e at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo
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BP weighs sale of minority stake in offshore wind business, sources say

BP paused investments in new offshore wind projects, Reuters reported in June. Last month, BP said it plans to sell its U.S. onshore...

ScottishPower chief executive Keith Anderson will meet Sir Keir Starmer on Friday (Jordan Pettitt/PA)
BusinessEconomyElectricityIndustryInfrastructureManufacturingNewsPoliticsRegulationsSolarStorageTransmissionUtilitiesWind

ScottishPower aims £12bn more at UK clean energy after Labour solar farms row

The investment comes alongside £8 billion from Danish energy giant Orsted and £2.5 billion from offshore wind power firm GreenVolt.

FILE PHOTO: A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little//File Photo
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Equinor buys 9.8% stake in wind developer Ørsted

The investment makes Equinor the second largest shareholder in Ørsted after the Danish government.

News Release

Equinor acquires a 9.8% minority stake in Ørsted

Equinor ASA (OSE:EQNR, NYSE:EQNR) has acquired 41,197,344 shares in Ørsted A/S (“Ørsted”), corresponding to 9.8% of the shares and votes in the company. The...

News ReleaseOffshore Wind

Eversource Energy Completes Exit of Offshore Wind Business

BOSTON & HARTFORD, Conn.--(BUSINESS WIRE)--Eversource Energy (NYSE: ES) today announced that it has completed the sale of its 50 percent interest in the...

FILE PHOTO: A view of a signage with the logos of Northern Lights carbon dioxide project and other corporates, outside the facility in Oygarden, Norway October 18, 2022. REUTERS/Nora Buli/File Photo
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Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility

OSLO – Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway’s west coast is now completed and...

Aerial drone view of smoke coming out of a factory chimney.
Carbon ManagementEmissionsNews

World’s first commercial CO2 storage soon ready in Norway

Norway makes progress towards opening a massive undersea vault for commercially transporting and storing carbon dioxide.

A construction barge and crane float next to the first jacket (Centre) installed to support a turbine for a wind farm in the waters of the Atlantic Ocean off Block Island, Rhode Island July 27, 2015. Other support jackets and platforms sit on a barge (Left) behind the crane. The project by Deepwater Wind off the coast of Block Island, was North America's first offshore wind farm. At the time, the company said the milestone could pave the way for an industry long established in Europe but still struggling with opposition in the United States. REUTERS/Brian Snyder
AnalysisBusinessElectricityIn-DepthPoliticsRegulationsUtilitiesWind

Status update: U.S. offshore wind projects from permit stage to online

With U.S. offshore wind capacity set to grow rapidly over the next few years, we take stock of where things are now and...

FILE PHOTO: French riot police take position as part of a demonstration by dockers during the inauguration of the first French offshore floating wind turbine, Floatgen, in the port of Saint-Nazaire, France, October 13, 2017. REUTERS/Stephane Mahe/File Photo
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Offshore wind opponents in Australia, Europe lean on US groups for advice

Activist organizations across the U.S., Europe and Australia have begun sharing resources in their common mission to derail offshore wind.

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