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...

  • U.S. sends new submarine-hunting jets to Japan amid East Asia tension

    U.S. sends new submarine-hunting jets to Japan amid East Asia tension

    By Tim Kelly and Phil Stewart, Reuters

    TOKYO/WASHINGTON (Reuters) - The U.S. Navy's first two advanced P-8A Poseidon patrol aircraft have arrived in Japan, U.S. military officials said on Monday, helping to upgrade America's ability to...

  • China, India spar over disputed border

    China, India spar over disputed border

    By Reuters

    NEW DELHI/SHANGHAI (Reuters) - China on Saturday urged India not to aggravate problems on the border shared by the two nations, a day after the Indian president toured a disputed region and called it...

  • U.S. offers to destroy Syria's chemicals at sea: OPCW

    U.S. offers to destroy Syria's chemicals at sea: OPCW

    By Reuters

    AMSTERDAM (Reuters) - The United States has offered to destroy Syrian chemicals on a U.S. ship, the global chemical weapons watchdog said on Saturday, and is looking for a suitable Mediterranean port...

  • U.S. extends Iran oil sanctions waivers to China, India, South Korea

    U.S. extends Iran oil sanctions waivers to China, India, South Korea

    By Timothy Gardner, Reuters

    WASHINGTON (Reuters) - The U.S. State Department extended six-month Iran sanctions waivers on Friday to China, India, South Korea and other countries in exchange for their reducing purchases of...

  • U.S. Thanksgiving shopping binge brings Black Friday hangover

    U.S. Thanksgiving shopping binge brings Black Friday hangover

    By Suzanne Barlyn and Phil Wahba and Marina Lopes and Dhanya Skariachan, Reuters

    NEW YORK (Reuters) - U.S. retailers' controversial choice to kick off the U.S. holiday shopping season early, on Thanksgiving, may not pay off as much as they had hoped. Eager to entice cautious...