Tag: Denmark

CIP, Uniper Ink Deal for Export of Hydrogen from Denmark to Germany

CIP, Uniper Ink Deal for Export of Hydrogen from Denmark to Germany This article was first published on Rigzone here Copenhagen Infrastructure Partners P/S (CIP) has reached an agreement with Düsseldorf-based Uniper SE to bring hydrogen from the Danish west coast to Germany. The memorandum of understanding that CIP signed through its Energy Transition Fund […]

Denmark increases defense spending in view of Russian long-term war

MILAN — Denmark will raise its defense spending by an additional $5.1 billion over the next four years in order to speed up investments in military capabilities, as the government has warned that Russia is readying for a long-term war. With the war in Ukraine reaching its 800th day, and the battle showing little sign […]

Denmark Raises Diesel Fuel Tax to Fund Green Transition Spending

(Bloomberg) — Denmark will spend about 5 billion kroner ($715 million) through 2030 on green transition of its agriculture sector and other environmental initiatives, which it will fund in part by a higher tax on fuel. Most Read from Bloomberg A broad majority in the Danish parliament agreed to allocate funds to a range of […]

Denmark announces additional $1.4 million for Ukraine’s reconstruction

Denmark is allocating an additional 10 million Danish kroner (around $1.4 million) to support Danish-Ukrainian municipal cooperation on the reconstruction of Ukraine, the Danish Foreign Ministry announced on Feb. 29. The announcement comes days after Denmark and Ukraine signed a 10-year agreement on security cooperation. Denmark has been a staunch ally of Ukraine in its […]

Denmark ends probe into ‘deliberate’ Nord Stream pipeline blasts

By Stine Jacobsen and Louise Rasmussen COPENHAGEN (Reuters) -Denmark has dropped its investigation into the explosions in 2022 on the Nord Stream pipelines carrying Russian gas to Germany, police said on Monday, becoming the second nation to do so after Sweden closed its own inquiry. The multi-billion dollar Nord Stream 1 and 2 pipelines transporting […]

Ukraine, Denmark finalize long-term security agreement

President Volodymyr Zelensky and Danish Prime Minister Mette Frederiksen signed a 10-year agreement on security cooperation between Ukraine and Denmark on Feb. 23 in Lviv, Deputy Head of the Presidential Office Ihor Zhovkva said. The U.K., Germany, and France have earlier signed similar deals to help Ukraine repel Russia’s aggression based on a pledge made […]