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...

  • Cold weather sinks U.S. home building in January

    Cold weather sinks U.S. home building in January

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - U.S. housing starts recorded their biggest drop in almost three years in January as harsh weather disrupted activity, but the third month of declines in permits hinted at some...

  • Pratt, GE battle over billions in jet engine orders

    Pratt, GE battle over billions in jet engine orders

    By Lewis Krauskopf, Reuters

    NEW YORK (Reuters) - As the next generation of narrow-body airplanes takes to the skies later this year, makers of the new fuel-efficient engines that power them are battling for market share. Orders...

  • World powers, Iran start talks on lasting nuclear settlement

    World powers, Iran start talks on lasting nuclear settlement

    By Reuters

    VIENNA (Reuters) - Six world powers and Iran began talks in Vienna on Tuesday in pursuit of a final settlement on Tehran's disputed nuclear program in the coming months despite warnings from both...

  • Egypt's energy quagmire could sink Sisi

    Egypt's energy quagmire could sink Sisi

    By Maggie Fick, Reuters

    CAIRO (Reuters) - Egypt's army chief, Field Marshal Abdel Fattah al-Sisi, won vast popularity by crushing the Muslim Brotherhood, but even a man seen by his followers as invincible may be unable to...

  • Iran and U.S. agree final nuclear deal may be unreachable

    Iran and U.S. agree final nuclear deal may be unreachable

    By Parisa Hafezi and Louis Charbonneau, Reuters

    VIENNA (Reuters) - The United States and long-time arch-foe Iran agree on at least one thing ahead of Tuesday's negotiations on a long-term nuclear deal - reaching an agreement will be very difficult...