Bloomberg Big Oil’s slump is over and industry domination beckons, according to Goldman Sachs Group Inc. In 2018, companies from Royal Dutch Shell Plc to Exxon Mobil Corp. will find themselves with a surplus of cash to fund dividends, ruling the world of deep water mega-projects and even coming out ahead in tax negotiations with oil-reliant governments around the globe, ...

Bloomberg New Jersey became the latest state to consider subsidizing nuclear power with a $320 million-a-year plan to keep struggling reactors from going out of business. The state’s two plants would get extra payments for providing emission-free power under legislation introduced in Trenton. The move follows similar efforts by New York and Illinois and comes amid pressure from Public Service ...

Bloomberg Solar is about to hit a milestone: Global installations are set to reach 108 gigawatts next year thanks to China, IHS Markit Ltd forecasts show. Strong government support for clean energy in China, the world’s biggest market for solar, will continue to boost demand for panels, the London-based research company said in a report. The country’s hunger for renewables ...