Dutch-British oil giant Shell may finally be pulling out of Denmark.
According to news media Reuters, the oil company will sell its shares in the Danish Underground Consortium (DUC), a joint venture between the Danish state and several major players, including the Maersk Group.
The shares are worth approximately USD 1 billion and practically speaking the sale will mean that Shell abandons the Danish share of the North Sea.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
EU to categorize investments in gas and nuclear power as green
A majority in the European Parliament has spurned attempts to put a stop to a contentious proposal which would classify gas and nuclear power investments as sustainable. Greenpeace announces legal challenge.
Ukrainian utility hit by cyberattack
Russian hackers have allegedly carried out a cyberattack against the largest privately owned utility in Ukraine, DTEK Group. The perpetrators’ goal was to destabilize, the company reports.
Falling demand could severely affect Tesla's bottom line
For the first time in two years, Tesla saw a decline in deliveries in the second quarter. A potential recession, accompanied by falling demand, could pose a bigger challenge for Tesla, says analyst.
OPEC Secretary-General dead at 63
OPEC Secretary-General Mohammad Barkindo has passed away not long after delivering the keynote speech at an energy summit.
Ocean Winds plans 2GW of wind energy in Scotland
The joint venture will use the license won in the Scotwind auction to set up 2GW of capacity along the 429km2 area Caledonia.
Assistant for German Commercial Asset Management 
Adm. Director of Svendborg District Heating 
Business Development Manager 
Lawyer responsible for development, implementation and enforcement of new legislation 
Chief / senior project manager for complex green gas projects 
Recruitment consultant for HR in Energy Fyn 
Division Director - Energy and Supply - Verdo - Randers 
Financial Analyst 
Business analyst with a passion for making decarbonizing energy easy 
Operations Engineer with a focus on operations 
Engineer 
Operational project manager for the green transition 
Software Developer for Algorithmic Trading 
Senior Legal Counsel with a focus on Offshore Renewables 
The Climate Council is looking for a student assistant with an interest in the climate area, good understanding of numbers and analytical sense 
GIS specialist to develop and operate Evida's systems 
VIKING seeks a Manager for Global Rules and Regulations 
IT engineer / high-voltage engineer for daily operation of monitoring system