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: Dimon has big say over who serves on JPMorgan board

    Insight: Dimon has big say over who serves on JPMorgan board

    By Nadia Damouni and David Henry and Ross Kerber, Reuters

    (Reuters) - For years, JPMorgan Chase & Co Chairman and CEO Jamie Dimon and other executives have hand-picked new directors, in a practice that is now unusual for a major U.S. bank. The JPMorgan...

  • U.N. watchdog, EU's Ashton to press Iran in nuclear dispute

    U.N. watchdog, EU's Ashton to press Iran in nuclear dispute

    By Fredrik Dahl and Parisa Hafezi, Reuters

    VIENNA/ISTANBUL (Reuters) - Iran faces international pressure over its nuclear program in two separate meetings on Wednesday, but no breakthrough is expected at a time when the Islamic state is...

  • Iran MPs urge ban on presidential runs by Rafsanjani, Mashaie

    Iran MPs urge ban on presidential runs by Rafsanjani, Mashaie

    By Yeganeh Torbati, Reuters

    DUBAI (Reuters) - Some 100 legislators are demanding a ban on two top independent candidates including ex-president Akbar Hashemi Rafsanjani from Iran's June presidential election in what may be a...

  • Two killed in Myanmar clash near China pipeline

    By Aung Hla Tun, Reuters

    YANGON (Reuters) - Ethnic minority guerrillas in Myanmar attacked an energy company's compound killing two people and wounding three, media reported on Wednesday, the latest incident threatening to...

  • Nationalists cash in on Bulgarians' unhappiness

    Nationalists cash in on Bulgarians' unhappiness

    By Sam Cage, Reuters

    SOFIA (Reuters) - A Bulgarian nationalist party which has protested against the Roma minority and wants to nationalize foreign-owned firms has emerged as a kingmaker from an election on Sunday by...