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...

  • China buys into giant Kazakh oilfield for $5 billion

    China buys into giant Kazakh oilfield for $5 billion

    By Mariya Gordeyeva, Reuters

    ASTANA (Reuters) - Chinese President Xi Jinping struck a deal with Kazakhstan on Saturday that will give China a stake in the its giant Kashagan oil project, a highlight of his tour of Central Asia...

  • China, Kazakhstan to ink deals worth $30 billion on Saturday

    China, Kazakhstan to ink deals worth $30 billion on Saturday

    By Reuters

    ASTANA (Reuters) - Kazakhstan and China will sign 22 agreements on Saturday worth a total of around $30 billion, including several deals in the key oil and gas sector, Kazakh President Nursultan...

  • Nigerian army says kills 50 Boko Haram Islamists

    Nigerian army says kills 50 Boko Haram Islamists

    By Lanre Ola, Reuters

    MAIDUGURI, Nigeria (Reuters) - The Nigerian army said on Saturday it had tracked down and killed 50 members of Boko Haram, days after the Islamist sect was blamed for killing 20 villagers in raids in...

  • Australia's new government aims to re-boot mining boom

    Australia's new government aims to re-boot mining boom

    By James Grubel, Reuters

    CANBERRA (Reuters) - Australia's incoming conservative government promised to re-boot a stalled mining boom and revive an appetite for investment on Sunday after leader Tony Abbott swept into office...

  • IAEA says looks into Russian warning on Syria nuclear site

    By Reuters

    VIENNA (Reuters) - The U.N. nuclear watchdog has received a request from Russia to assess the impact if a missile were to hit a small Syrian reactor and is considering the issue, the Vienna-based...