The Organization of the Petroleum Exporting Countries and allies led by Russia, or OPEC+, is cutting output by 5.85 million barrels per day (bpd), equal to about 5.7% of global supply, as agreed in a ...

CEO and group president Mads Nipper has been replaced by the company just ahead of the release of the company's 2024 annual ...

Bunkerspot provides news, in-depth analysis, expert comment and price indications for the global marine fuels industry ...

SINGAPORE (Reuters) - Oil prices jumped on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and ...

The chief executive officer of Danish energy company Ørsted, Mads Nipper, is stepping down from his position as group ...

The company said it is parting ways with Mads Nipper as it grapples with supply-chain bottlenecks, high financing costs and President Trump’s opposition to wind power.

Mads Nipper will step down as chief executive officer of Danish wind developer Orsted A/S after a series of huge writedowns ...

Offshore wind giant Orsted has dumped its chief executive as it looks to reverse the 80 per cent collapse in its share price ...

The Exxon Mobil-controlled Canadian energy company on Friday posted a decline in net income to 1.23 billion Canadian dollars ($848.7 million), or C$2.37 a share, down from C$1.37 billion, or C$2.47 a ...

Orsted, the world's leading offshore wind developer, appoints new CEO to navigate a challenging market with supply chain ...

Ørsted’s Board of Directors has appointed Rasmus Errboe, current Deputy CEO and Chief Commercial Officer, as new Group ...