DONG sells off last oil asset

Dong energy, - Denmark's majority state-owned energy company whose name is an acronym for Danish oil and natural gas is finishing up a sale of its last oil and natural-gas company in the deal which is expected to close next month.

This sell-off takes DONG's transition into a finalising phase of its larger plan, shifting the focus from being one of Europe's most coal-exposed utilities, to a company a solely based on renewables, wind in particular. ...