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...

  • U.S. unveils sweeping plan to slash power plant pollution

    U.S. unveils sweeping plan to slash power plant pollution

    By Valerie Volcovici and Jeff Mason, Reuters

    WASHINGTON (Reuters) - The U.S. power sector must cut carbon dioxide emissions 30 percent by 2030 from 2005 levels under federal regulations unveiled on Monday that form the centerpiece of the Obama...

  • Russia and Ukraine to mull gas dispute plan

    Russia and Ukraine to mull gas dispute plan

    By Thomas Grove and Mark Trevelyan, Reuters

    DONETSK Ukraine/MOSCOW (Reuters) - Russia and Ukraine agreed on Monday to consider a proposal for Kiev to pay off a multi-billion-dollar gas bill that has soured relations between Moscow and Kiev,...

  • Thai oil tanker may have been hijacked: authorities

    By Reuters

    KUALA LUMPUR (Reuters) - A Thai diesel oil tanker with 14 crew members en route from Singapore to Indonesia is believed to have been hijacked, the International Maritime Bureau (IMB) said on Saturday...

  • In dig at China, Japan PM says supports SE Asia on freedom of sea, air

    In dig at China, Japan PM says supports SE Asia on freedom of sea, air

    By Masayuki Kitano and Raju Gopalakrishnan, Reuters

    SINGAPORE (Reuters) - Prime Minister Shinzo Abe, pushing for a greater role for Japan in regional security, said on Friday that Tokyo would offer its "utmost support" to Southeast Asian countries,...

  • Russia has withdrawn most troops from Ukraine border: U.S. official

    Russia has withdrawn most troops from Ukraine border: U.S. official

    By Reuters

    SINGAPORE (Reuters) - Russia has withdrawn most of its troops from the Ukrainian border, but seven battalions, amounting to thousands of men, remain, a U.S. defense official said on Friday. U.S...