Summary Gazprom says it cuts off supply to GasTerra, Orsted and Shell Russians cite refusal to pay in roubles Move a day after EU agrees to slash Russian oil imports European gas prices rise 5% Russia widened its gas cuts to Europe on Tuesday with Gazprom (GAZP.MM) saying it will turn off supplies to several "unfriendly" countries which have refused to accept Moscow's
(Reuters) - Russia widened its gas cuts to Europe on Tuesday with Gazprom saying it will turn off supplies to several "unfriendly" countries which have refused to accept Moscow s roubles-for-gas
By Dominic Chopping Danish renewable energy developer Orsted A/S said Wednesday that it plans to invest around 350 billion Danish kroner ($57.5 billion) between 2020 and 2027 to become a green energy major. The company said the investments will help accelerate its build-out of renewable energy, taking advantage of the global green energy transition, and will see its installed capacity more than quadruple to around 50 gigawatts of installed renewable capacity by 2030 from 12 gigawatts presently. Orsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, bioenergy plants, and provides energy products to its customers. With the newly announced investments, it seeks to grow its position within offshore and onshore wind, solar and sustainable biomass, while growing capabilities to become a leader in renewable hydrogen.
COPENHAGEN (Reuters) - Denmark's Orsted, the world's largest offshore wind farm developer, reported lower earnings in its first quarter on the back of lower