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: Carbon market is a political scapegoat - Wynn

    By Gerard Wynn, Reuters

    LONDON (Reuters) - European lawmakers have made emissions trading a scapegoat as they grapple to compete with far cheaper U.S. energy prices, yet taxes and other charges dwarf the impact a boost in...

  • Apple unlocks more cash for investors as profit slides

    Apple unlocks more cash for investors as profit slides

    By Poornima Gupta, Reuters

    SAN FRANCISCO (Reuters) - Apple Inc on Tuesday bowed to investors' demands to share more of its $145 billion cash pile, while posting its first quarterly profit decline in more than a decade. The new...

  • Chesapeake, Bank of New York, square off in bond trial

    Chesapeake, Bank of New York, square off in bond trial

    By Bernard Vaughan, Reuters

    NEW YORK (Reuters) - Chesapeake Energy Corp began an expedited trial on Tuesday against Bank of New York Mellon Corp over the energy company's effort to redeem $1.3 billion of notes at par. The...

  • Iran offers to be West's "reliable partner" in Mideast

    Iran offers to be West's "reliable partner" in Mideast

    By Reuters

    GENEVA (Reuters) - Iran said on Tuesday that it would be a "reliable partner" in the Middle East if Western countries would take a more cooperative approach in talks on its nuclear program. Western...

  • Mississippi barge traffic snarled by floods, accidents

    Mississippi barge traffic snarled by floods, accidents

    By Karl Plume, Reuters

    (Reuters) - Commercial shipping traffic was moving again on the Mississippi River south of St. Louis after a pair of barge accidents that forced the U.S. Coast Guard to close the waterway over the...