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...

  • Netanyahu says Iran hasn't crossed nuclear "red line"

    Netanyahu says Iran hasn't crossed nuclear "red line"

    By Reuters

    JERUSALEM (Reuters) - Prime Minister Benjamin Netanyahu said on Monday Iran had not crossed the "red line" he set for its nuclear program, despite an assessment to the contrary by a former Israeli...

  • Japan, Russia agree to revive talks on island dispute

    Japan, Russia agree to revive talks on island dispute

    By Alexei Anishchuk, Reuters

    MOSCOW (Reuters) - Russia and Japan said on Monday they would revive talks on resolving a territorial dispute that has prevented them signing a treaty formally ending their World War Two hostilities...

  • Explosion shakes central Prague, as many as 40 injured

    Explosion shakes central Prague, as many as 40 injured

    By Reuters

    PRAGUE (Reuters) - An explosion in central Prague on Monday, probably caused by gas, injured as many as 40 people, officials said, and neighboring buildings - including the National Theatre - had to...

  • Germany's Greens lurch left in bid to beat Merkel

    Germany's Greens lurch left in bid to beat Merkel

    By Erik Kirschbaum, Reuters

    BERLIN (Reuters) - Germany's Greens lurched to the left at a party congress in Berlin over the weekend by endorsing a "soak-the-rich" campaign for new taxes, a risky attempt to win power in September...

  • Analysis: Israeli credibility on line over Iran nuclear challenge

    Analysis: Israeli credibility on line over Iran nuclear challenge

    By Crispian Balmer and Dan Williams, Reuters

    JERUSALEM (Reuters) - Israel risks a loss of credibility over both its "red line" for Iran's nuclear program and its threat of military action, and its room for unilateral maneuver is shrinking...