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...

  • Fire at Chinese shoe factory kills 16: Xinhua

    Fire at Chinese shoe factory kills 16: Xinhua

    By Reuters

    BEIJING (Reuters) - A fire at a shoe factory in eastern China killed 16 people and injured five, state media reported, the latest disaster to highlight China's poor workplace safety record. The fire...

  • Worried Fed seeks to curb Wall Street banks commodity trade

    Worried Fed seeks to curb Wall Street banks commodity trade

    By Anna Louie Sussman and Emily Stephenson, Reuters

    NEW YORK/WASHINGTON (Reuters) - The U.S. Federal Reserve on Tuesday took a first formal step toward restricting the role of Wall Street banks in trading physical commodities, citing fears that a...

  • House Republicans voice support for $1.1 trillion spending bill

    House Republicans voice support for $1.1 trillion spending bill

    By David Lawder, Reuters

    WASHINGTON (Reuters) - Republicans in the House of Representatives voiced tentative support on Tuesday for a $1.1 trillion spending bill, signaling likely passage and removing one source of potential...

  • Algeria's Bouteflika in Paris hospital for planned checks

    Algeria's Bouteflika in Paris hospital for planned checks

    By Reuters

    ALGIERS (Reuters) - Algerian President Abdelaziz Bouteflika, who suffered a stroke last year, has been in a Paris hospital since Monday for a long-planned check-up and he is making steady progress,...

  • Suspected Islamists kill 29 in Nigeria bombing: witnesses

    By Lanre Ola and Ibrahim Mshelizza, Reuters

    MAIDUGURI, Nigeria (Reuters) - A car bomb killed at least 29 people on Tuesday in Nigeria's northeastern city of Maiduguri, the epicenter of an Islamist revolt, witnesses said. No one claimed...