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...

  • Masked gunmen tighten grip on eastern Ukraine

    By Marko Djurica, Reuters

    HORLIVKA, Ukraine (Reuters) - Masked gunmen in military fatigues took control of a government building in another Ukrainian town on Wednesday, as pro-Russian separatists tightened their grip on a...

  • Separatists seize buildings in east Ukraine's Horlivka

    By Reuters

    KIEV (Reuters) - Pro-Russian separatists seized control of state buildings in the town of Horlivka on Wednesday, tightening their grip on swathes of Ukraine's industrial east almost unopposed by...

  • GE says talks with France on Alstom productive, to boost jobs

    By Lewis Krauskopf, Reuters

    NEW YORK (Reuters) - The head of General Electric said on Wednesday talks with the French government on its offer for Alstom's energy assets had been "productive" and expressed confidence that the...

  • GE eases ahead in race for Alstom power assets

    GE eases ahead in race for Alstom power assets

    By James Regan and Benjamin Mallet, Reuters

    PARIS (Reuters) - Cash-strapped French engineering group Alstom said on Wednesday it would explore a $16.9 billion offer from General Electric for its energy arm while leaving the door open to a...

  • Patton Boggs' latest case versus Chevron over pollution award tossed

    Patton Boggs' latest case versus Chevron over pollution award tossed

    By Casey Sullivan, Reuters

    NEW YORK (Reuters) - A New York federal judge has dismissed a lawsuit brought by Patton Boggs accusing Chevron Corp of "bad faith" litigation tactics while the Washington law firm tried to enforce a...