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...

  • Ukraine president ready for talks if pro-Russia rebels lay down arms

    Ukraine president ready for talks if pro-Russia rebels lay down arms

    By Timothy Heritage, Reuters

    KIEV (Reuters) - Ukraine's new president signaled on Wednesday he would be ready to hold talks with opponents in eastern Ukraine if pro-Russian separatists waging an insurgency there agreed to lay...

  • Putin accuses Ukraine of sabotaging gas talks

    Putin accuses Ukraine of sabotaging gas talks

    By Barbara Lewis and Alexei Anishchuk, Reuters

    BRUSSELS/NOVO-OGARYOVO Russia (Reuters) - Russian President Vladimir Putin accused Ukraine on Wednesday of forcing gas talks into a "dead end" by rejecting the offer of a cut in duty to resolve a...

  • Siemens and Mitsubishi eye joint bid for Alstom assets

    Siemens and Mitsubishi eye joint bid for Alstom assets

    By Jens Hack and Benjamin Mallet, Reuters

    MUNICH/PARIS (Reuters) - Siemens <SIEGn.DE> is in talks with Mitsubishi Heavy Industries <7011.T> over a joint bid for the energy assets of France's Alstom <ALSO.PA>, a move which...

  • Iraq insurgents take Saddam's home town in lightning advance

    Iraq insurgents take Saddam's home town in lightning advance

    By Ghazwan Hassan, Reuters

    TIKRIT Iraq (Reuters) - Sunni rebels from an al Qaeda splinter group overran the Iraqi city of Tikrit on Wednesday and closed in on the biggest oil refinery in the country, making further gains in...

  • Iraq says to work with Kurdish forces to retake Mosul

    Iraq says to work with Kurdish forces to retake Mosul

    By Reuters

    ATHENS (Reuters) - Baghdad will cooperate with Kurdish forces to try to drive militant out of Mosul, Iraq's foreign minister said on Wednesday, a day after an al Qaeda splinter group seized the...