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...

  • Obamacare uncertainty harming economic rebound, CEOs say

    Obamacare uncertainty harming economic rebound, CEOs say

    By Ernest Scheyder, Reuters

    (Reuters) - Uncertain corporate costs for President Barack Obama's healthcare reform law and other regulations continue to stymie U.S. employment and capital spending, business leaders said on...

  • Attack on intelligence HQ in northern Iraq kills six

    Attack on intelligence HQ in northern Iraq kills six

    By Reuters

    KIRKUK, Iraq (Reuters) - Suicide bombers and gunmen attacked a police intelligence headquarters in the northern Iraqi city of Kirkuk on Wednesday, killing at least six people and wounding dozens more...

  • Local election gains boost Mozambique's MDM opposition party

    Local election gains boost Mozambique's MDM opposition party

    By Manuel Mucari, Reuters

    MAPUTO (Reuters) - The opposition Mozambique Democratic Movement (MDM) has won three of the nation's four largest cities in local elections, emerging as a credible challenger to the ruling Frelimo...

  • German minister snubs Ukraine leaders on Kiev visit

    German minister snubs Ukraine leaders on Kiev visit

    By Richard Balmforth and Thomas Grove, Reuters

    KIEV (Reuters) - Germany's foreign minister met Ukrainian opposition leaders at their protest camp in Kiev on Wednesday, in a snub to President Viktor Yanukovich, who triggered mass street...

  • North Korea's Kim seen behind sacking of powerful uncle

    North Korea's Kim seen behind sacking of powerful uncle

    By Jack Kim and Ju-min Park, Reuters

    SEOUL (Reuters) - North Korean leader Kim Jong Un is believed to have dismissed a powerful uncle, a man key to his rise to power, from his posts, South Korean lawmakers said on Tuesday, a move that...