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DONG Energy becomes Ørsted, abandons fossil fuels

Staff Writer |
Following its strategic transformation from black to green energy and the recent divestment of the upstream oil and gas production, the name DONG Energy does not fit the company anymore.

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"Consequently, we have today called an Extraordinary General Meeting on 30 October 2017 to ask our shareholders to approve a change of our company name to Ørsted."

Thomas Thune Andersen, chairman of the board of directors, says: "“DONG was originally short for Danish Oil and Natural Gas.

"With our profound strategic transformation and the divestment of our upstream oil and gas business, this is no longer who we are. Therefore, now is the right time to change our name."

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