Energy

Budget Battles

  • usFILE PHOTO: A bulldozer moves coal at the Murray Energy Corporation port facility in Powhatan Point, Ohio

    Trump's Coal Job Push Stumbles in Most States

    By Valerie Volcovici, Reuters

    WASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew...

  • The massive Big John dragline works to reshape the rocky landscape in some of the last sections to be mined for coal at the Hobet site in Boone County

    Why US Coal Producers Are Having a Very Good Year

    By Tom DiChristopher, CNBC

    U.S. coal exports are rising this year, giving the fossil-fuel friendly Trump administration reason to cheer, but analysts believe the good times won't last. The surge in exports doesn't herald a...

  • Venezuela's President Nicolas Maduro waves during a pro-government rally with workers of state-run oil company PDVSA, in Barcelona

    The Crisis in Venezuela Could Send Oil Prices Soaring

    By Nick Cunningham, Oilprice.com

    Venezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets," according to Helima Croft of RBC Capital Markets. The economic, political and security...

  • FILE PHOTO: A sign is painted on a parking space for electric cars inside a car park in Hong Kong

    The Battery Problem That Could Slow the Electric Car Revolution

    By Zandi Shabalala, Reuters

    Producers of processed lithium - an essential element for batteries used in electric cars - are agreeing long-term contracts with their customers to fund the investments needed to address a looming...

  • A prototype of the Tesla Model 3 is on display in front of the factory during a media tour of the Tesla Gigafactory which will produce batteries for the electric carmaker in Sparks, Nevada, U.S. July 26, 2016. REUTERS/James Glover II

    The Great Battery Battle: Tesla Sparks an Arms Race in Energy Storage

    By Ryan Browne, CNBC

    Elon Musk's car company Tesla appears to be leading the "arms race" for lithium-ion batteries — for now. Musk recently announced plans to build the world's biggest lithium-ion battery storage project...

  • Kerry opposes Iran role in anti-Islamic State coalition

    Kerry opposes Iran role in anti-Islamic State coalition

    By Jason Szep, Reuters

    ANKARA (Reuters) - U.S. Secretary of State John Kerry said on Friday it was "not appropriate" for Iran to join talks on confronting Islamic State militants, as he appeared to play down how fast...

  • U.S. intensifies sanctions on Russia over Ukraine

    U.S. intensifies sanctions on Russia over Ukraine

    By Arshad Mohammed and Bill Trott, Reuters

    WASHINGTON (Reuters) - The United States hit Russia's largest bank, a major arms maker and arctic, deepwater and shale exploration by its biggest oil companies with new sanctions on Friday to punish...

  • EU raises pressure on Moscow with tougher sanctions

    EU raises pressure on Moscow with tougher sanctions

    By Adrian Croft, Reuters

    BRUSSELS (Reuters) - The European Union tightened sanctions on Russia on Friday over its role in the Ukrainian conflict, restricting access to financing for top Russian banks, defense and energy...

  • Putin holds key to Ukraine peace but keeps world guessing

    Putin holds key to Ukraine peace but keeps world guessing

    By Timothy Heritage, Reuters

    MOSCOW (Reuters) - President Vladimir Putin took a break from his official duties to slip into a Russian Orthodox Church this week and light a candle for fighters killed in eastern Ukraine. "I left a...

  • The Saudi Oil at the End of ISIS’ Reign of Terror

    By Claude Salhani, Oilprice.com

    For the terrorist group known as ISIS, Syria and Iraq were a good place to start their campaign; but in order to survive and prosper it knew from the outset that it had no choice but to set its...