Wednesday, August 12, 2026
Orsted plans $57 billion drive to be No.1 in green energy- oil and gas 360

Orsted plans $57 billion drive to be No.1 in green energy

Reuters COPENHAGEN -Orsted, the world’s largest offshore wind farm developer, is ramping up its investment in renewables to $57 billion by 2027, seeking to become a global leader in green energy and fend off growing competition. The Danish firm, which sold its oil and gas business in 2017, has benefited hugely from policies to implement the 2015 Paris Agreement, a

Oil extends gains on OPEC+ supply discipline and demand prospects- oil and gas 360

Oil extends gains on OPEC+ supply discipline and demand prospects

Reuters LONDON – Oil rose on Wednesday, supported by an OPEC+ decision to stick to its plan to restore supply to the market gradually and by the slow pace of nuclear talks between Iran and the United States. Brent rose 58 cents, or 0.8%, to $70.83 a barrel by 1323 GMT. U.S. West Texas Intermediate (WTI) crude was up 51