French oil giant Total SA has laid out a vision to expand in renewables and power. The challenge is to turn this business into a consistent profit machine. The company’s new gas, renewables and power segment earnings were down 49% in the third quarter compared with a year earlier, the company said Friday. Tough times in the solar-power sector, where Total is a big player in the U.S., made the division the company’s worst-performing business unit in the period. The quarterly comparison was made more stark because results last...

Source: Wall Street Journal October 27, 2017 13:07 UTC