Danish offshore wind developer Ørsted won shareholder approval Friday for a $9.4-billion emergency rights issue, shoring up its balance sheet as U.S. projects face mounting political and operational setbacks. The move follows weeks of uncertainty […]
Daily Standup Top Stories What Does Powell’s Comments in Jackson Hole Mean to the Oil and Gas Markets and Investors? August 23, 2025 Clark Savage Federal Reserve Chair Jerome Powell’s annual address at the Jackson Hole […]
In a significant blow to the offshore wind industry, the U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has issued a stop-work order for Ørsted’s Revolution Wind project off the coast of […]
The green fairy tale now seems to be unraveling faster than a faulty wind turbine blade in a Nantucket storm. On Monday, Aug. 11, 2025, Danish offshore wind giant Ørsted dropped a bombshell, notifying the market it […]
In a move that signals a significant shift in U.S. energy policy, the Trump administration is preparing to implement stricter rules on federal tax credits for renewable energy projects. This development, part of broader efforts […]
We are witnessing a total fiscal collapse and deindustrialization in the UK, the EU, and Canada, primarily due to the implementation of Net Zero policies. This and other stories confirm today the path for the […]
This gap underscores a broader struggle marked by policy inconsistencies, economic pressures, and geopolitical shifts. As major players like BP pivot away from green investments, wind giant Orsted seeks bailouts amid stock collapses, and the […]
Danish offshore wind developer Ørsted has secured TWD 90bn ($3bn) in financing for the 632MW Greater Changhua 2 wind farm off Taiwan. The financing deal was arranged with 25 banks and five export credit agencies […]
ENB Pub Note: I have included all wind projects and their costs in the article for Orsted wind profits. It does not make sense to invest in wind when the world is facing an economic […]
Danish offshore wind developer Ørsted has sold a 24.5% stake in the 389MW West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat. Schroders Greencoat has a combined net generating capacity of […]
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