Maersk sells off oil and gas division in mega $7.45bn deal
Denmark’s largest company, AP Moller-Maersk, has agreed to sell its oil and gas division to Total of France for DKK41bn ($7.45bn) in one of the biggest corporate deals ever in this country. Maersk,…
MoreTotal deal part of planned Maersk break-up
A.P. Moller-Maersk’s sale of its oil division is a major step to breaking itself up. The $7.5bn sale of Maersk Oil to Total of France is just one of four transactions the Danish group…
MorePolitical reaction to Maersk deal
Energy Minister Lars Christian Lilleholt said Maersk’s deal with Total would guarantee tax revenue from North Sea oil for years to come: “I’m very pleased that a major player such as Total has…
MoreBusiness shorts
Drastic job cuts at Siemens / Vestas lands major Thailand order / Asians strongly represented in labour market Wind turbine manufacturer Siemens Gamesa, North Jutland’s largest private employer, has announced plans to fire…
MoreStøjberg to immigrants: Tell the truth
Refugees and asylum seekers who lie during the application process for permanent residency in this country will be denied if a new government bill becomes law. Integration Minister Inger Støjberg said it’s ‘integral’…
MoreAngry Løkke: We share Finland’s grief
In response to the Finland knife attack, Friday, Prime Minister Lars Løkke Rasmussen said it’s ‘sick to kill and mutilate innocent people to promote a religious belief.’ After expressing sympathy and solidarity in…
MoreDPP: Mobile police units won’t stop gang war
Mobile police units stationed in vans throughout the inner-city district of Nørrebro won’t solve the gang warfare problem, according to the Danish People’s Party. Justice Minister Søren Pape Poulsen claimed last week that…
MoreRed/Greens smell blood in fishing scandal
The far-left Red/Greens are determined to make Prime Minister Lars Løkke Rasmussen accountable for his role in the fishing quotas scandal. The PM has come under fire for citing the findings of a…
MoreSKAT uses illegal wire-tap evidence
The Danish Tax Authority (SKAT) has defended using sensitive information obtained by a police wire-tap operation, even though according to data protection legislation it should have been destroyed years ago. In its demand…
MoreDenmark joins South Korea – US military drill
Denmark is represented when The Republic of Korea and United States Combined Forces Command begin the annual Ulchi Freedom Guardian (UFG) exercise today, a ‘computer simulated defensive exercise designed to enhance readiness, protect…
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