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...

  • New bridge linking Europe and Asia embodies Turkey's rise

    New bridge linking Europe and Asia embodies Turkey's rise

    By Daren Butler and Evrim Ergin, Reuters

    ISTANBUL (Reuters) - Turkey launched construction on Wednesday of a third bridge linking its European and Asian shores, the latest in a slew of multi-billion dollar projects that Prime Minister...

  • India, Japan seek early agreement on civil nuclear pact

    India, Japan seek early agreement on civil nuclear pact

    By Reuters

    TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe and his Indian counterpart agreed on Wednesday to speed up talks on a deal to allow Japan to export nuclear plants and to strengthen security...

  • Iran's Khamenei says has no favorite to succeed Ahmadinejad

    Iran's Khamenei says has no favorite to succeed Ahmadinejad

    By Yeganeh Torbati, Reuters

    DUBAI (Reuters) - Iran's supreme leader, Ayatollah Ali Khamenei, said on Wednesday he does not favor any candidate for June's presidential election, although hardliners with outlooks similar to his...

  • South China Sea tension mounts near Filipino shipwreck

    South China Sea tension mounts near Filipino shipwreck

    By Manuel Mogato, Reuters

    MANILA (Reuters) - A wrecked navy transport ship perched on a remote coral reef could be the next flashpoint in the South China Sea, where China and five other claimants bitterly dispute territory...

  • Iran's presidential candidates clash over nuclear approach

    Iran's presidential candidates clash over nuclear approach

    By Yeganeh Torbati, Reuters

    DUBAI (Reuters) - A former Iranian nuclear negotiator running for president used his first television appearance of the campaign to reject accusations he had been too soft in talks with world powers...