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The offshore wind giant DONG Energy has changed its name to Ørsted, following the sale of its upstream oil and gas business to INEOS on 29 September and the decision to shift to green energy. While the acronym DONG, which stands for Dansk Olie og Naturgas (Danish Oil and Natural Gas), went in line with the company’s business in the past, the name no longer fits the renewable energy player.
DONG Energy has decided to entirely phase out the use of coal as fuel at its power stations by 2023. Since 2006, DONG Energy has reduced its coal consumption by 73% and will replace it at the power stations with sustainable biomass to achieve the zero point.
World’s leading offshore wind developer DONG Energy has officially opened its U.S. headquarters in Boston, Massachusetts.
DONG Energy has powered up a five-year contract to supply green energy to supply Welsh Water across more than 4,000 operational sites.
DONG Energy completed the sale of its upstream oil and gas business to INEOS on Friday, 29 September, after receiving regulatory approvals necessary for the divestment of the business unit.
DONG Energy has announced the names of the four shareholder representatives appointed to the company’s Nomination Committee.