Thursday morning, Denmark's Dong Energy presented an annual report which blew the competition out of the water. After three years of large deficits, the energy company booked a profit of DKK 10.4 billion (EUR 1.4 billion) in its first annual report as a listed company, while shareholders can get out their champagne and prepare to celebrate the company's recommendation to pay DKK 2.5 billion in dividends.
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Ahead of Thursday’s long awaited meeting between EU’s energy ministers, the EU Commission still has yet to rubber-stamp any proposed solutions to the energy crisis. According to a commissioner, preparations are still underway for the meeting – and gas prices are in focus, according to documents leaked Wednesday.