COPENHAGEN—A company whose name stands for Danish Oil and Natural Gas is getting out of both businesses. Dong Energy AS, Denmark’s majority state-owned energy company, is selling off its last oil and natural-gas fields in a deal expected to close this month or next. The billion-dollar-plus sale is part of a broader plan to significantly reduce its exposure to fossil fuels and produce energy primarily from renewable sources.

Source: Wall Street Journal August 31, 2017 09:22 UTC