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 urges Kurds to save Iraq from collapse

    Kerry urges Kurds to save Iraq from collapse

    By Lesley Wroughton, Reuters

    ARBIL Iraq (Reuters) - U.S. Secretary of State John Kerry urged leaders of Iraq's autonomous Kurdish region on Tuesday to stand with Baghdad in the face of a Sunni insurgent onslaught that threatens...

  • Kerry in Kurdistan to urge leaders to be part of national government

    Kerry in Kurdistan to urge leaders to be part of national government

    By Lesley Wroughton, Reuters

    ARBIL Iraq (Reuters) - U.S. Secretary of State John Kerry was in Iraqi Kurdistan on Tuesday to urge its leaders not to withdraw from the political process in Baghdad after their forces took control...

  • U.S. to face multibillion-dollar bill from climate change: report

    U.S. to face multibillion-dollar bill from climate change: report

    By Sharon Begley, Reuters

    NEW YORK (Reuters) - Annual property losses from hurricanes and other coastal storms of $35 billion; a decline in crop yields of 14 percent, costing corn and wheat farmers tens of billions of dollars...

  • Alstom workers relieved as GE wins takeover bid

    Alstom workers relieved as GE wins takeover bid

    By Gilbert Reilhac, Reuters

    BELFORT France (Reuters) - For Alstom workers in eastern France, news that General Electric has beaten rival bidder Siemens to a tie-up with their firm has brought relief and a response perhaps best...

  • Kerry promises 'intense and sustained' U.S. support for Iraq

    Kerry promises 'intense and sustained' U.S. support for Iraq

    By Lesley Wroughton and Ahmed Rasheed, Reuters

    BAGHDAD (Reuters) - Secretary of State John Kerry on Monday promised "intense and sustained" U.S. support for Iraq, but said the divided country would only survive if its leaders took urgent steps to...