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...

  • Troops clash in South Sudan, African states mediate

    Troops clash in South Sudan, African states mediate

    By Carl Odera and Andrew Green, Reuters

    JUBA (Reuters) - South Sudanese government troops battled to regain control of a flashpoint town and sent forces to quell fighting in a vital oil producing area on Thursday, the fifth day of a...

  • U.N. told up to 500 killed in South Sudan clashes: diplomats

    U.N. told up to 500 killed in South Sudan clashes: diplomats

    By Andrew Green and Louis Charbonneau, Reuters

    JUBA/UNITED NATIONS (Reuters) - The United Nations received reports from local sources in South Sudan on Tuesday that between 400 and 500 people had been killed and up to 800 wounded in the latest...

  • Analysis: Mexican president races through reforms but risks loom

    Analysis: Mexican president races through reforms but risks loom

    By Dave Graham and Simon Gardner, Reuters

    MEXICO CITY (Reuters) - A year ago, President Enrique Pena Nieto took office vowing a root-and-branch reform of Mexico's economy even though he had no majority in Congress and faced accusations from...

  • 3M sets year's biggest U.S. buyback plan, raises dividend

    3M sets year's biggest U.S. buyback plan, raises dividend

    By Sagarika Jaisinghani and Mridhula Raghavan, Reuters

    (Reuters) - 3M Co, whose products range from Post-It notes to films used in flat-panel TVs, said it could buy back up to $22 billion of shares in the five years through 2017, joining a list of...

  • Germany's Merkel begins third term with focus on Europe

    Germany's Merkel begins third term with focus on Europe

    By Noah Barkin, Reuters

    BERLIN (Reuters) - Angela Merkel was elected to a third term as chancellor in a vote in the German lower house of parliament on Tuesday, paving the way for her new government to formally take power...