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Oil to open 2018 stuck amid thirst to grow, wary investors

Bloomberg Investor exhaustion with poor returns from the oil and gas industry may mean less financing to expand the US shale boom next year, and less of a drive for consolidation. After nearing a record in 2016, equity issues from US oil and gas companies are on pace for an eight-year low this year, amid doubts about the stability of ...

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Trump solar tariffs give First Solar panel new lease on life

Bloomberg First Solar Inc. took the wraps off its long-awaited Series 6 panel, but isn’t turning its back on the workhorse model that’s been sustaining the company. Unexpected demand for its Series 4 product boosted 2017 revenue, especially in the second half, and will help the company earn as much as $2.30 a share in a year when it had ...

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Norway Arctic oil rush abates after exploration letdown

Bloomberg Oil exploration in Norway’s Arctic seems to have lost some of its appeal after a disappointing drilling campaign. Only 11 companies applied for exploration licenses in the latest round — the nation’s 24th — which focused heavily on the Barents Sea, the Petroleum and Energy Ministry said in a statement on its website. That’s down from 26 in the ...

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