
Results for "Ørsted"
36 stories found


Ørsted Shares Decline After Lower Q2 Profit, Full-Year Outlook Reaffirmed
Ørsted's stock slid after the company reported a lower profit for the second quarter, although it reiterated its full-year outlook.

Ørsted Faces Large Fine for Delayed CO2 Capture
Danish energy company Ørsted is at risk of a substantial fine due to delays in its carbon capture project.
Overview of Two-Decade Dispute Over Electricity Prices in Elsam Cases
An overview details the 'Elsam cases,' a two-decade-long dispute involving 1004 companies and the energy company Ørsted concerning electricity prices.

Danish Business Update Covers Ørsted, AI, and Nykredit
A Danish business update discusses reflections from a former Ørsted CEO on the business climate, a Danish AI chief's new job, and Nykredit's internal debate.
Ørsted's Q1 2026 Net Profit Falls 46%
Ørsted reported a 46% decrease in its net profit for the first quarter of 2026, falling to $412 million.
Ørsted and Philips Announce First Quarter Financial Results
Both Ørsted and Philips have released their first-quarter financial results, with Ørsted's performance meeting expectations. These reports provide updates on the companies' recent financial performance.
CIP Acquires Ørsted's Onshore Renewable Energy Business in Europe
Copenhagen Infrastructure Partners (CIP) has completed the acquisition of Ørsted's onshore renewable energy business operations across Europe.

South Korean Appeals Court Extends Ex-First Lady's Prison Sentence
A South Korean appeals court has extended the prison sentence for former first lady Kim Keon Hee to four years. The ruling comes amid charges of corruption, including receiving luxury gifts and alleged stock price manipulation.
UK Power Stocks Decline Amid Proposal to Decouple Gas and Electricity Prices
UK power stocks, including SSE, Centrica, Drax, and Ørsted, fell following news of a proposal by Reeves to break the link between gas and electricity prices.
Ørsted Stock Rises as U.S. Offshore Project Policy Risk Eases
Ørsted's shares saw a jump after Bank of America indicated that the risk of adverse policy action against its U.S. offshore projects has diminished.

Ørsted's Revolution Wind Offshore Park Delivers First Power to New England
Ørsted's Revolution Wind offshore wind farm has begun delivering its first power to New England, marking a significant step for the project which had previously faced delays.

Ørsted activates 913 MW Borkum Riffgrund 3 offshore wind farm
Danish energy company Ørsted has officially brought its Borkum Riffgrund 3 offshore wind facility online, marking a significant addition to renewable energy capacity in the North Sea.
Ørsted to Resume Dividend Payments to Shareholders
Danish energy company Ørsted has announced its decision to resume paying dividends to its shareholders.

Former South Korean First Lady Sentenced for Corruption
The former first lady of South Korea has been sentenced to an additional seven years in prison for corruption and bribery.
Ørsted Acquitted in Billion-Dollar Electricity Price Lawsuit
After an 18-year legal battle, a court has acquitted Ørsted in a lawsuit involving a billion-dollar claim related to electricity prices.

Nets Outage Disrupts Card Payments Across Denmark
A major system disruption at Nets caused widespread problems with card payments across Denmark, leading to rejections for many customers. An IT professor expressed surprise at the quick recurrence of such an outage.
Multiple European Firms Report Q1 Earnings, Update FY26 Outlooks
Several major European companies, including Infineon, Adyen, and Ahold Delhaize, released their first-quarter financial results. Most firms also reaffirmed or updated their financial outlooks for fiscal year 2026.
City Quiz: Identify the City Protected by a Dragon
This article presents a quiz asking readers to identify a city that historically burned down and is now said to be protected by a dragon, offering a travel book as a prize.

Ørsted Sells Onshore Wind Turbines in Europe
Danish energy company Ørsted has announced the sale of its onshore wind turbine assets located across Europe.

Analyst Calls Equinor's Green Energy View a 'Paradox' Amidst Ørsted Investment
An analyst describes fossil fuel giant Equinor's pessimistic view on green energy as a 'paradox' amidst its investment in Ørsted, noting improved conditions for Europe's green transition.

Speculation Rises Over Royal Girlfriend's Impact on French Presidential Election
Speculation is growing about whether the royal girlfriend of far-right 'crown prince' Jordan Bardella will harm or benefit his chances in the upcoming French presidential election.

Court Dismisses X Lawsuit Alleging Brands Illegally Boycotted Platform
A US District Judge has dismissed X Corp's lawsuit accusing advertisers of an illegal boycott, a decision Elon Musk has criticized, rejecting claims of a conspiracy among advertisers who stopped spending on X after Elon Musk's acquisition.

Commemorating Hans Christian Ørsted, Discoverer of Electromagnetism
The article commemorates the 175th anniversary of the death of Danish physicist Hans Christian Ørsted, known for his groundbreaking discovery of the relationship between magnetism and electricity.

Citi Upgrades Ørsted to Buy on Path to Profitable Growth
Citigroup analysts upgraded the Danish energy company citing early signs of a return to profitability, overriding previous concerns about its renewable energy investments.

Ørsted to Resume Dividend Payments to Shareholders
Danish energy company Ørsted has announced its intention to pay dividends to its shareholders once again. This decision marks a return to shareholder payouts for the company.

Ørsted Stock Rises After Winning Billion-Dollar Legal Dispute
Ørsted's stock has seen a rise following the company's victory in a significant billion-dollar legal dispute. The news was part of a broader business update.
Court Acquits Ørsted in Billion-Dollar Claim Case
A court has acquitted Ørsted in a case involving a billion-dollar claim, ruling in favor of the energy company.
Ørsted stock upgraded by Morgan Stanley
Danish energy company Ørsted has received an upgrade from Morgan Stanley, being highlighted as one of the few remaining re-leveraging trades in its sector.

Ørsted Meets Expectations in First Quarter
Danish energy company Ørsted has delivered first-quarter results that met market expectations.

Danish Energy Company Andel Reports Over 3 Billion Kroner Deficit
Danish energy and fiber giant Andel reported a substantial deficit of over three billion kroner in 2025, with a costly rescue package for Ørsted cited as one of the explanations.

Ørsted Completes Divestment of European Onshore Wind Farms
Danish energy company Ørsted has announced the completion of the sale of its onshore wind farms located across Europe. This strategic move finalizes the company's divestment from these assets.

Trump Evacuated After Suspected Gunshots at Correspondents' Dinner
President Donald Trump was swiftly evacuated from the White House Correspondents' Dinner after reports of suspected gunshots and a security incident. He was rushed from the ballroom, with no immediate signs of injuries reported.

Dripping on the toilet
Torsdag overrasket førstedamen pressen over store deler av verden. Det er det flere grunner til.

Ørsted CEO Admits Mistakes in US Operations, Financial Fallout Scrutinized
Ørsted's CEO has admitted that the company should have withdrawn from its US operations earlier, leading to questions about who will bear the financial burden of their failed ventures. An interview with the CEO highlights the need for an investigation into the energy giant's collapse in the US.
Mads Nipper Steps Down as FLSmidth Chairman, Lene Skole Nominated
Mads Nipper is resigning as chairman of FLSmidth, and Lene Skole, who also chairs Ørsted, has been nominated as the new chairman of the board.