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...

  • Obama in Brussells

    Obama Urges US-European Unity on Helping NATO

    By Scott Wilson, The Washington Post

    President Obama said Wednesday that Europe and the United States now face “a moment of testing” that challenges their unity and the international order they have worked for generations to build. In a...

  • Obama tells EU to do more to cut reliance on Russian gas

    Obama tells EU to do more to cut reliance on Russian gas

    By Robin Emmott and Jan Strupczewski, Reuters

    BRUSSELS (Reuters) - U.S. President Barack Obama told the European Union on Wednesday it cannot rely on the United States alone to reduce its dependency on Russian energy, as relations with Moscow...

  • Car, plane deals to get Franco-Chinese presidential treatment

    Car, plane deals to get Franco-Chinese presidential treatment

    By Andrew Callus, Reuters

    PARIS (Reuters) - China's President Xi Jinping and French counterpart Francois Hollande are set to oversee the signing of two industrial co-operation deals in Paris on Wednesday, the business...

  • U.S., EU to work together on tougher Russia sanctions

    U.S., EU to work together on tougher Russia sanctions

    By Jeff Mason and Lidia Kelly, Reuters

    BRUSSELS/MOSCOW (Reuters) - The United States and the European Union agreed on Wednesday to work together to prepare possible tougher economic sanctions in response to Russia's behavior in Ukraine,...

  • FAA tells Boeing to fix 747-8 software to avoid crash

    FAA tells Boeing to fix 747-8 software to avoid crash

    By Reuters

    WASHINGTON (Reuters) - The U.S. Federal Aviation Administration on Tuesday ordered an immediate fix to the latest version of Boeing Co's 747-8 plane, saying a software glitch could cause it to lose...