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...

  • Iranian nuclear talks face further delay

    Iranian nuclear talks face further delay

    By Adrian Croft, Reuters

    BRUSSELS (Reuters) - The next talks between six global powers and Iran on its nuclear program are likely to be delayed until February, a diplomat said on Friday, after European officials accused...

  • IAEA stresses Iran nuclear "dialogue", Tehran defiant

    IAEA stresses Iran nuclear "dialogue", Tehran defiant

    By Fredrik Dahl and Zahra Hosseinian, Reuters

    VIENNA/ZURICH (Reuters) - The U.N. nuclear watchdog signaled on Friday it would keep trying to secure Iran's cooperation with a long-stalled investigation, but a senior Iranian lawmaker suggested...

  • Exclusive: Samsung Total strikes Iran oil deal, lured by cheap fuel - sources

    By Florence Tan and Seng Li Peng and Meeyoung Cho, Reuters

    SINGAPORE/SEOUL (Reuters) - South Korea's Samsung Total Petrochemicals Co has revived a contract to buy Iranian oil after a year's hiatus, as thin margins in plastics make the cheap fuel from Iran...

  • U.N. to consider validity of China's claim over disputed islands

    U.N. to consider validity of China's claim over disputed islands

    By Michelle Nichols, Reuters

    UNITED NATIONS (Reuters) - The United Nations is planning to consider later this year the scientific validity of a claim by China that a group of disputed islands in the East China Sea are part of...

  • Europe urges citizens to leave Libya's Benghazi

    Europe urges citizens to leave Libya's Benghazi

    By Marie-Louise Gumuchian and Mohammed Abbas, Reuters

    TRIPOLI/LONDON (Reuters) - European countries urged their nationals to leave the eastern Libyan city of Benghazi on Thursday, with Britain citing a "specific and imminent" threat to Westerners days...