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...

  • Insight: Japan ponders Fukushima options, but Tepco too big to fail

    Insight: Japan ponders Fukushima options, but Tepco too big to fail

    By Linda Sieg, Reuters

    TOKYO (Reuters) - Fukushima nuclear plant operator Tepco Electric's response to the world's worst atomic disaster in a quarter century has been called ad hoc and more concerned with cost than safety...

  • Iran's Rouhani says time for resolving nuclear dispute limited

    Iran's Rouhani says time for resolving nuclear dispute limited

    By Yeganeh Torbati, Reuters

    DUBAI (Reuters) - Iranian President Hassan Rouhani said on Tuesday that the time for resolving Iran's nuclear dispute with the West was limited, and urged the world to seize the opportunity of his...

  • Greens dream of power fading as German election nears

    Greens dream of power fading as German election nears

    By Erik Kirschbaum, Reuters

    BERLIN (Reuters) - Sven Suska looked like a typical Greens voter as he sat in his sandals and shorts in the Berlin sun eating a fruit salad, but the computer programmer is abandoning the party he...

  • Apple's shares tank as new iPhones fail to dazzle

    Apple's shares tank as new iPhones fail to dazzle

    By Eileen Soreng and Neha Alawadhi, Reuters

    (Reuters) - Apple Inc's shares slid 6 percent on Wednesday as a pricier-than-expected iPhone "5C" extinguished hopes of a major expansion into lower-end markets such as China, while a fingerprint...

  • China warns Japan against stationing workers on disputed isles

    China warns Japan against stationing workers on disputed isles

    By Kiyoshi Takenaka and Ben Blanchard, Reuters

    TOKYO/BEIJING (Reuters) - China said it would not tolerate provocation after Japan's top government spokesman said on Tuesday Japan might station government workers on disputed islands in the East...