According to Michele Della Vigna, head of energy-industry research at Goldman Sachs, in 2018 companies from Royal Dutch Shell Plc to Exxon Mobil Corp will find themselves with an excess of cash which will 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.
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Kelly Gilblom and Nejra CehicArticle Source:
https://www.bloomberg.com/news/articles/2017-12-14/goldman-says-big-oil-is-poised-for-its-best-year-in-decades0 views