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...

  • Venezuela's Chavez still suffers breathing trouble

    By Andrew Cawthorne, Reuters

    CARACAS (Reuters) - Venezuela's cancer-stricken president, Hugo Chavez, is still suffering respiratory problems after surgery in Cuba two months ago, the government said on Thursday in a somber first...

  • U.S. Gulf Coast oil spillers about to face day in court

    U.S. Gulf Coast oil spillers about to face day in court

    By Kristen Hays and Braden Reddall, Reuters

    (Reuters) - Nearly three years after a deepwater well rupture killed 11 men, sank a rig and spewed 4 million barrels of oil into the Gulf of Mexico, BP and the other companies involved are scheduled...

  • Iran move to speed up nuclear program troubles West

    Iran move to speed up nuclear program troubles West

    By Fredrik Dahl, Reuters

    VIENNA (Reuters) - Iran has begun installing advanced centrifuges at its main uranium enrichment plant, the U.N. nuclear watchdog said on Thursday, a defiant step that will worry Western powers ahead...

  • Sony seeks head start over Microsoft with new PlayStation

    Sony seeks head start over Microsoft with new PlayStation

    By Liana B. Baker and Malathi Nayak, Reuters

    NEW YORK (Reuters) - Sony Corp said it will launch its next-generation PlayStation this year, hoping its first video game console in seven years will give it a much-needed head start over the next...

  • Obama settles on EPA, Energy Department nominees: source

    Obama settles on EPA, Energy Department nominees: source

    By Jeff Mason and Roberta Rampton, Reuters

    WASHINGTON (Reuters) - President Barack Obama intends to nominate air quality expert Gina McCarthy to lead the U.S. Environmental Protection Agency and nuclear physicist Ernest Moniz to head the...