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...

  • Column: Russia's reckoning

    By John Lloyd, Reuters

    (Reuters) - Russia is now in a hard, even dangerous, place. A series of shocks are coming, and it is not well placed to weather them. It has, to be sure, little debt: Vladimir Putin's administration...

  • Column: Super-computers and the hunt for oil

    By John Kemp, Reuters

    LONDON (Reuters) - No one has ever seen an oil field. Typically buried thousands of feet below the surface, oil fields are like a sponge saturated with a mixture of oil, water and gas, rather than...

  • Iraq-Kurd oil talks break ice, long-term fix unlikely

    Iraq-Kurd oil talks break ice, long-term fix unlikely

    By Ahmed Rasheed and Isabel Coles, Reuters

    BAGHDAD/ARBIL, Iraq (Reuters) - A lasting solution to Iraq's dispute with its Kurdish north is unlikely even if recent talks between the two sides lead to a resumption of oil exports from the...

  • Libya defense minister quits over siege of ministries by gunmen

    Libya defense minister quits over siege of ministries by gunmen

    By Reuters

    TRIPOLI (Reuters) - Libya's defense minister resigned on Tuesday in protest at a siege by gunmen of two government ministries that he denounced as an assault on democracy almost two years after the...

  • Egypt to reshuffle 11 ministers, including oil

    Egypt to reshuffle 11 ministers, including oil

    By Reuters

    CAIRO (Reuters) - The Egyptian prime minister said on Monday that 11 ministers would be changed in a cabinet reshuffle that will include the oil ministry but is expected to fall short of opposition...