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...

  • Putin calls Iran's leader, sees chance to end nuclear row

    Putin calls Iran's leader, sees chance to end nuclear row

    By Reuters

    MOSCOW (Reuters) - Russian President Vladimir Putin told Iranian President Hassan Rouhani on Monday there was a "real chance" to resolve the international standoff over Tehran's nuclear program. The...

  • Markets reward China's reform ambition, await follow-up

    Markets reward China's reform ambition, await follow-up

    By Clement Tan and Xiaoyi Shao, Reuters

    HONG KONG/BEIJING (Reuters) - Investors rewarded Beijing on Monday for its ambitious reform plan, sustaining a stocks rally led by consumer goods shares seen as direct beneficiaries of the promised...

  • Challenges ahead; Beijing sets sights on a new China

    Challenges ahead; Beijing sets sights on a new China

    By Kevin Yao, Reuters

    BEIJING (Reuters) - China has pledged to make the most sweeping changes to the economy and the country's social fabric in nearly three decades with a 60-point reform plan that may start showing...

  • U.S. military working on plan to train thousands of Libyans

    U.S. military working on plan to train thousands of Libyans

    By Reuters

    WASHINGTON (Reuters) - The U.S. military is working on plans to train 5,000 to 7,000 members of the Libyan security forces and also special operations forces who can carry out counter-terrorism...

  • Clashes stoke tension before Mozambique local election

    Clashes stoke tension before Mozambique local election

    By Pascal Fletcher, Reuters

    MAPUTO (Reuters) - Clashes in Mozambique's second city of Beira between rival party supporters and riot police injured more than 20 people and stoked tension ahead of local elections this week that...