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...

  • Australian diplomacy tested by Indonesia, China rows

    Australian diplomacy tested by Indonesia, China rows

    By Lincoln Feast, Reuters

    SYDNEY (Reuters) - When Australian Prime Minister Tony Abbott swept to power in September's general election, his promise of a foreign policy that was "more Jakarta than Geneva" raised hopes of a new...

  • EU leaders set for frosty dinner with Ukraine's Yanukovich

    EU leaders set for frosty dinner with Ukraine's Yanukovich

    By Luke Baker, Reuters

    BRUSSELS (Reuters) - European leaders will come face-to-face with Viktor Yanukovich on Thursday for the first time since the Ukrainian president spurned their offer of a free-trade deal and decided...

  • Analysis: Reversible Iran deal puts more pressure on final talks

    Analysis: Reversible Iran deal puts more pressure on final talks

    By Fredrik Dahl, Reuters

    VIENNA (Reuters) - By dropping earlier demands that Iran shut down an underground uranium enrichment plant and ship material out of the country as part of a preliminary deal, nuclear negotiators have...

  • Libya struggles to pay salaries, more clashes erupt

    Libya struggles to pay salaries, more clashes erupt

    By Ulf Laessing and Ayman al-Warfalli, Reuters

    TRIPOLI/BENGHAZI, Libya (Reuters) - Libya's Prime Minister Ali Zeidan said on Wednesday his government will be unable to pay public salaries and may have to seek loans if armed militias blockading...

  • Five years after war, Georgia defies Russia over Europe

    Five years after war, Georgia defies Russia over Europe

    By Margarita Antidze, Reuters

    TBILISI (Reuters) - Five years after it fought a war with Russia, Georgia is preparing to defy its former Soviet masters again by initialing an accord on strengthening ties with Europe. New Prime...