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...

  • Iran hints it could consider wider nuclear inspections

    Iran hints it could consider wider nuclear inspections

    By Reuters

    GENEVA (Reuters) - Iran suggested it was ready to address calls to give the U.N. atomic watchdog wider inspection powers as part of Tehran's proposals to resolve a decade-old nuclear dispute with the...

  • Norwegian coalition deal gives finance, oil ministries to populists

    Norwegian coalition deal gives finance, oil ministries to populists

    By Reuters

    OSLO (Reuters) - Norway's Conservative Prime Minister Erna Solberg unveiled her minority government on Wednesday, giving the key oil and finance portfolios to her smaller coalition ally, the populist...

  • Typhoon sideswipes Tokyo, at least 17 dead

    Typhoon sideswipes Tokyo, at least 17 dead

    By Elaine Lies, Reuters

    TOKYO (Reuters) - A typhoon killed 17 people in Japan on Wednesday, most on an offshore island, but largely spared the capital and caused no new disaster as it brushed by the wrecked Fukushima...

  • Any U.S. sanctions relief on Iran likely to start slowly

    Any U.S. sanctions relief on Iran likely to start slowly

    By Timothy Gardner and Patricia Zengerle, Reuters

    WASHINGTON (Reuters) - Any easing by Washington of sanctions on Iran in exchange for Tehran taking steps to scale back its nuclear program is likely to be fleeting and symbolic, with any moves for...

  • Japan on gas, coal power building spree to fill nuclear void

    Japan on gas, coal power building spree to fill nuclear void

    By Osamu Tsukimori and Rebekah Kebede, Reuters

    TOKYO/PERTH (Reuters) - Japan plans to start up 14 new gas and coal-fired power plants by the end of 2014, allowing a switch away from pricey oil, as Tokyo struggles with a shutdown of nuclear...