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...

  • Lebanon's new government gets go-ahead from parliament

    Lebanon's new government gets go-ahead from parliament

    By Reuters

    BEIRUT (Reuters) - Lebanon's parliament gave a newly-formed cabinet a vote of confidence on Thursday, ending almost a year of political deadlock during which the country has been pulled further into...

  • Obama hits closest Putin allies with sanctions over Crimea

    Obama hits closest Putin allies with sanctions over Crimea

    By Steve Holland and Maria Tsvetkova, Reuters

    WASHINGTON/MOSCOW (Reuters) - U.S. President Barack Obama raised the stakes in an East-West confrontation over Crimea on Thursday by targeting some of Russian President Vladimir Putin's closest long-...

  • Russia's lower house votes to bring Crimea into Russia

    Russia's lower house votes to bring Crimea into Russia

    By Maria Tsvetkova and Steve Gutterman, Reuters

    MOSCOW (Reuters) - Russia's lower house of parliament on Thursday overwhelmingly approved a treaty to annex Crimea from Ukraine, leaving just one legal obstacle for the Black Sea peninsula to cross...

  • Defying allies, Qatar unlikely to abandon favored Syria rebels

    Defying allies, Qatar unlikely to abandon favored Syria rebels

    By Amena Bakr, Reuters

    DOHA (Reuters) - Qatar's backing for Syrian rebels widely regarded as jihadi militants might appear a diplomatic liability at a time when global alarm about al Qaeda is on the rebound. But that is...

  • Russia says will complete legal moves to absorb Crimea this week

    By Steve Gutterman, Reuters

    MOSCOW (Reuters) - The legal process required to make Crimea part of Russia will be completed this week, Foreign Minister Sergei Lavrov said on Thursday. President Vladimir Putin signed a treaty to...