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...

  • U.S. envoy reassures Israel on Iran ahead of Obama visit

    U.S. envoy reassures Israel on Iran ahead of Obama visit

    By Dan Williams, Reuters

    TEL AVIV (Reuters) - A U.S. official sought to reassure Israel this week on President Barack Obama's determination to curb Iran's disputed nuclear program, as the clock ticks on a threatened Israeli...

  • U.S. says to take lead to contain North Korea

    U.S. says to take lead to contain North Korea

    By David Chance and Jack Kim, Reuters

    SEOUL (Reuters) - U.S. President Barack Obama said North Korea's third nuclear test, in defiance of U.N. resolutions, was a threat and a provocation and that the United States would lead the world in...

  • Scotland "new state" outside EU, U.N. if splits: Britain

    Scotland "new state" outside EU, U.N. if splits: Britain

    By Andrew Osborn, Reuters

    LONDON (Reuters) - The British government on Monday intensified its campaign to stop Scotland leaving the United Kingdom, publishing a legal opinion saying it would forfeit its membership of...

  • Methane blast kills 18 at Russia coal mine

    Methane blast kills 18 at Russia coal mine

    By Thomas Grove, Reuters

    MOSCOW (Reuters) - An underground methane gas explosion killed up to 18 miners at a coal pit in northern Russia on Monday and President Vladimir Putin dispatched his disasters minister to the scene...

  • Insight: Iran nuclear fuel move may avert mid-year crisis

    Insight: Iran nuclear fuel move may avert mid-year crisis

    By Myra MacDonald and Fredrik Dahl, Reuters

    LONDON/VIENNA (Reuters) - Iran appears to have resumed converting small amounts of its higher-grade enriched uranium into reactor fuel, diplomats say, a process which if expanded could buy time for...