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...

  • Iraqi Kurdish oil nears Texas port for likely offloading

    Iraqi Kurdish oil nears Texas port for likely offloading

    By Terry Wade and Erwin Seba, Reuters

    HOUSTON (Reuters) - A tanker carrying crude oil from Iraqi Kurdistan is hours away from the Port of Galveston in Texas, according to Reuters ship tracking data and the U.S. Coast Guard, its arrival...

  • Russia criticizes EU sanctions, raps U.S. over Ukraine role

    Russia criticizes EU sanctions, raps U.S. over Ukraine role

    By Vladimir Soldatkin, Reuters

    MOSCOW (Reuters) - Russia reacted angrily on Saturday to additional sanctions imposed by the European Union over Moscow's role in the Ukraine crisis, saying they would hamper cooperation on security...

  • EU edges to economic sanctions on Russia but narrows scope

    EU edges to economic sanctions on Russia but narrows scope

    By Adrian Croft and Barbara Lewis, Reuters

    BRUSSELS (Reuters) - The European Union reached outline agreement on Friday to impose the first economic sanctions on Russia over its behavior in Ukraine but scaled back their scope to exclude...

  • Rival Libyan militias clash in Tripoli, Benghazi

    Rival Libyan militias clash in Tripoli, Benghazi

    By Patrick Markey and Aziz El Yaakoubi, Reuters

    TRIPOLI (Reuters) - Heavy black smoke rose over southern Tripoli on Thursday after rival militias exchanged artillery and rocket fire in a battle over the Libyan capital's airport that has killed...

  • Watch what markets don't do as world politics turns nasty

    Watch what markets don't do as world politics turns nasty

    By Mike Dolan, Reuters

    LONDON (Reuters) - Like so much in the investment world of late, it's what financial markets are not doing right now that is most intriguing. Over the course of the past month, conflicts, superpower...