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...

  • Hungary re-elects PM, far-right opposition gains

    Hungary re-elects PM, far-right opposition gains

    By Gergely Szakacs and Marton Dunai, Reuters

    BUDAPEST (Reuters) - Prime Minister Viktor Orban has won another four years in power, election results showed on Monday, while one in five voters backed a far-right opposition party accused of anti-...

  • Advisers to India's Modi dream of a Thatcherite revolution

    Advisers to India's Modi dream of a Thatcherite revolution

    By Frank Jack Daniel and Rajesh Kumar Singh, Reuters

    NEW DELHI (Reuters) - When Indian opposition leader Narendra Modi gave a speech on the virtues of smaller government and privatization on April 8 last year, supporters called him an ideological heir...

  • Merkel: No one should doubt EU resolve on Russia sanctions

    Merkel: No one should doubt EU resolve on Russia sanctions

    By Reuters

    BERLIN (Reuters) - No one should doubt Europe's willingness to introduce tougher sanctions against Russia if it takes further steps to destabilize Ukraine, German Chancellor Angela Merkel said on...

  • McDonald's quits Crimea as fears of trade clash grow

    McDonald's quits Crimea as fears of trade clash grow

    By Natalia Zinets, Reuters

    KIEV (Reuters) - McDonald's Corp said on Friday it had closed its restaurants in Crimea, prompting fears of a backlash as a prominent Moscow politician called for all of the U.S. fast food chain's...

  • Ukraine in emergency talks with EU neighbors on gas imports

    By Pavel Polityuk and Henning Gloystein, Reuters

    KIEV/LONDON (Reuters) - Ukraine is in emergency talks with European Union neighbors on the possibility of importing natural gas from the West, following a leap in the price it pays for Russian...