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...

  • Fears grow of civil war in South Sudan as rebels seize town

    Fears grow of civil war in South Sudan as rebels seize town

    By Carl Odera and Ben Makori, Reuters

    JUBA (Reuters) - South Sudan's government said on Sunday rebels had seized the capital of a key oil-producing region and fears grew of all-out ethnic civil war in the world's newest country. The U.N...

  • Big Oil sits out lobbying on Iran as Congress stands firm

    Big Oil sits out lobbying on Iran as Congress stands firm

    By Timothy Gardner and Andy Sullivan, Reuters

    WASHINGTON (Reuters) - As debate rises in Washington over the first thaw in relations between Iran and the United States in decades, powerful oil companies are opting for an unusual tactic: silence...

  • Freed Khodorkovsky challenges Putin over 'political prisoners'

    Freed Khodorkovsky challenges Putin over 'political prisoners'

    By Michelle Martin and Steve Gutterman, Reuters

    BERLIN/MOSCOW (Reuters) - Former oil tycoon Mikhail Khodorkovsky said on Sunday he would not seek power in Russia but fight for the freedom of political prisoners, challenging Vladimir Putin two days...

  • U.S., UK spies targeted Israeli PM, EU official: Snowden leaks

    U.S., UK spies targeted Israeli PM, EU official: Snowden leaks

    By Reuters

    LONDON (Reuters) - British and U.S. spies targeted a senior European Union official, German government buildings, and the office of an Israeli prime minister, according to the latest leaked documents...

  • Putin critic Khodorkovsky in Germany after pardon

    Putin critic Khodorkovsky in Germany after pardon

    By Lidia Kelly and Michelle Martin, Reuters

    MOSCOW/BERLIN (Reuters) - Mikhail Khodorkovsky, the Russian oil tycoon jailed for a decade after posing a challenge to Vladimir Putin, was freed by a presidential pardon on Friday and immediately...