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...

  • Tropical Storm Karen drops to a depression off U.S. Gulf coast

    Tropical Storm Karen drops to a depression off U.S. Gulf coast

    By Kathy Finn, Reuters

    NEW ORLEANS (Reuters) - Tropical Storm Karen weakened to a depression as it hovered off the Louisiana coast on Saturday after earlier fears it would reach hurricane strength prompted the evacuation...

  • EU preparing to charge Gazprom in antitrust case

    EU preparing to charge Gazprom in antitrust case

    By Foo Yun Chee and Andrius Sytas, Reuters

    VILNIUS (Reuters) - EU regulators are preparing to charge Russian gas export monopoly Gazprom with abusing its dominant position in central and eastern Europe, the EU's antitrust chief said on...

  • Putin, Obama may discuss Syria next week in Bali: Kremlin

    Putin, Obama may discuss Syria next week in Bali: Kremlin

    By Reuters

    MOSCOW (Reuters) - Russian President Vladimir Putin and U.S. President Barack Obama may discuss the Syria crisis on the sidelines of an Asia-Pacific summit next week in Bali, a Kremlin aide said on...

  • Oceans face 'deadly trio' of threats, study says

    Oceans face 'deadly trio' of threats, study says

    By Environment Correspondent Alister Doyle, Reuters

    OSLO (Reuters) - The world's oceans are under greater threat than previously believed from a "deadly trio" of global warming, declining oxygen levels and acidification, an international study said on...

  • BP wins reprieve over Gulf spill payouts: U.S. appeals court

    BP wins reprieve over Gulf spill payouts: U.S. appeals court

    By Jonathan Stempel, Reuters

    (Reuters) - BP Plc won a legal reprieve in its effort to force the administrator of a settlement related to the 2010 Gulf of Mexico oil spill to tighten standards in assessing claims, potentially...