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, U.N. nuclear agency to meet again after "constructive" talks

    Iran, U.N. nuclear agency to meet again after "constructive" talks

    By Fredrik Dahl, Reuters

    VIENNA (Reuters) - Iran and the U.N. nuclear agency held "constructive" talks on Friday and made plans to meet again in one month, adding to momentum for a negotiated end to a standoff that could...

  • U.N., Iran to hold more nuclear talks on October 28

    U.N., Iran to hold more nuclear talks on October 28

    By Reuters

    VIENNA (Reuters) - Iran and the U.N. nuclear agency held "constructive" talks on Friday about Iran's disputed atomic program and said they would meet again on October 28. Herman Nackaerts, deputy...

  • Scientists more convinced mankind is main cause of warming

    Scientists more convinced mankind is main cause of warming

    By Alister Doyle and Simon Johnson, Reuters

    STOCKHOLM (Reuters) - Leading climate scientists said on Friday they were more convinced than ever that humans are the main culprits for global warming, and predicted the impact from greenhouse gas...

  • BP battles for billions in new Gulf trial phase

    BP battles for billions in new Gulf trial phase

    By Terry Wade and Andrew Callus, Reuters

    HOUSTON/LONDON (Reuters) - BP will battle to hold down fines that could hit $18 billion in a new phase of the Gulf of Mexico trial that will rule on how much oil it spilled in 2010 and judge its...

  • Tokyo Electric sees profit without rate hike: paper

    Tokyo Electric sees profit without rate hike: paper

    By Reuters

    TOKYO (Reuters) - Tokyo Electric Power Co, the operator of the crippled Fukushima plant, will likely turn a profit for the first time in three years in the current business year, without raising...