DONG moves to a fully renewable future
From Clean Energy News
Dong Energy has agreed to dispose of its oil and gas assets as it aims to complete a transition towards an entirely renewables future.
Last week the company confirmed it had agreed to divest the entire share capital of Dong E&P – the entity which housed its oil and gas assets – to INEOS for an unconditional fee of US$1.05 billion (£815 million), plus a further US$250 million (£195 million) of contingent payments related to developments at the Rosebank field and the Fredericia stabilisation plant. Read more…