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. may act to keep Chinese hackers out of Def Con hacker event

    U.S. may act to keep Chinese hackers out of Def Con hacker event

    By Andrea Shalal and Jim Finkle, Reuters

    DENVER/NEW YORK (Reuters) - Washington is considering using visa restrictions to prevent Chinese nationals from attending popular summer hacking conferences in Las Vegas as part of a broader effort...

  • Al Qaeda gunmen storm Yemeni city, 30 people killed

    Al Qaeda gunmen storm Yemeni city, 30 people killed

    By Mohammed Mukhashaf and Mohamed Ghobari, Reuters

    ADEN, Yemen (Reuters) - At least 30 people were killed in an overnight raid by gunmen on a city in southeastern Yemen, residents and a local official said on Saturday, as al Qaeda continues its...

  • GM sales appear resilient amid recalls, dealers optimistic

    GM sales appear resilient amid recalls, dealers optimistic

    By Nick Carey, Reuters

    CHICAGO (Reuters) - In the midst of an historic run of recalls, including over one defect linked to at least 13 deaths, General Motors Co sales are showing resilience. The No. 1 U.S. automaker is...

  • Iran cuts nuclear stockpile, engages with bomb probe: IAEA

    Iran cuts nuclear stockpile, engages with bomb probe: IAEA

    By Fredrik Dahl, Reuters

    VIENNA (Reuters) - Iran has cut its most sensitive nuclear stockpile by around 80 percent under an interim pact with world powers and has begun engaging with a long-stalled IAEA investigation into...

  • Putin signals he will work with Ukraine leader, but blasts U.S.

    Putin signals he will work with Ukraine leader, but blasts U.S.

    By Darya Korsunskaya and Timothy Heritage, Reuters

    ST PETERSBURG, Russia (Reuters) - President Vladimir Putin appeared to hold out an olive branch on Friday by suggesting he will work with whomever is elected Ukraine's next president and calling for...