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...

  • At least 38 killed in fire in Ukraine's southern Odessa port

    By Reuters

    KIEV (Reuters) - At least 38 people were killed in a fire on Friday in the trade union building in the centre of Ukraine's southern port city of Odessa, regional police said. In a statement, the...

  • At least four killed in clashes in Ukraine's Odessa: police

    By Natalia Zinets, Reuters

    KIEV (Reuters) - At least four people were killed and several wounded in running battles between pro-Russian activists and supporters of Ukrainian unity in Odessa, deepening rifts in the largely...

  • Afghan landslide rescue focuses on displaced

    Afghan landslide rescue focuses on displaced

    By Mirwais Harooni and Jeremy Laurence, Reuters

    KABUL (Reuters) - Afghan officials gave up hope on Saturday of finding any survivors from a landslide in the remote northeast, with the number killed or missing put at between a few hundred and as...

  • Syrian rebel offensive encroaches on last chemical stockpile

    Syrian rebel offensive encroaches on last chemical stockpile

    By Dominic Evans, Reuters

    BEIRUT (Reuters) - A Syrian rebel offensive aimed at easing a government siege east of Damascus has brought fighting closer to the last declared stockpile of President Bashar al-Assad's chemical...

  • Chevron's profit drops on lower production, crude prices

    Chevron's profit drops on lower production, crude prices

    By Reuters

    (Reuters) - Chevron Corp, the second-largest U.S. oil producer, posted a lower-than-expected quarterly profit on Friday on lower global production and crude oil prices. The company posted net income...