Nov 11, 2010

DONG Energy earnings lifted by higher prices, wind



Denmark's DONG Energy  reported on Thursday a 47 percent rise in core earnings for the first nine months of the year, driven by higher oil, gas and power prices and increased electricity generation.
Oil and gas output slipped 1 percent in January-September from a year ago to 17.5 million barrels of oil equivalent, with gas -- mainly from DONG's stake in the Norwegian Ormen Lange field -- making up 62 percent of total production.
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Source: Reuters

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