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...

  • Protests hurting Ukraine economy: interim PM

    Protests hurting Ukraine economy: interim PM

    By Natalia Zinets and Jack Stubbs, Reuters

    KIEV (Reuters) - The confrontation between opposition-led protesters and the government of President Viktor Yanukovich, and a refusal to agree a compromise, is weighing on the Ukrainian economy,...

  • Syria misses chemical weapons handover deadline

    Syria misses chemical weapons handover deadline

    By Anthony Deutsch, Reuters

    AMSTERDAM (Reuters) - Syria on Wednesday missed a deadline to hand over all the toxic materials it declared to the world's chemical weapons watchdog, putting the program several weeks behind schedule...

  • U.S. retailers face pressure to raise cybersecurity spending

    U.S. retailers face pressure to raise cybersecurity spending

    By Dhanya Skariachan and Phil Wahba, Reuters

    NEW YORK (Reuters) - Target Corp's decision to speed up a $100 million program to adopt the use of chip-enabled smart cards is just a drop in the bucket when it comes to what retailers need to do to...

  • Iran nuclear deal 'not perfect' but buys time: U.S. official

    By Patricia Zengerle and Arshad Mohammed, Reuters

    WASHINGTON (Reuters) - An initial agreement to curb Iran's nuclear program was "not perfect" but bought time to try to secure a comprehensive deal, U.S. officials said on Tuesday in response to sharp...

  • U.S. lawmakers backing Keystone pipeline mull next steps

    U.S. lawmakers backing Keystone pipeline mull next steps

    By Patrick Rucker, Reuters

    WASHINGTON (Reuters) - A bipartisan group of U.S. lawmakers voiced support on Tuesday for the Keystone XL crude oil pipeline, and did not rule out using legislation to force the White House to...