Danish Energy Company Is Turning the Page on Oil and Gas

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 by the end of September. 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…

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