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...

  • France says has faith Algerian government can end crisis

    By Reuters

    PARIS (Reuters) - France has total confidence in the Algerian government to resolve a standoff at a desert gas facility where dozens of Western and Algerian hostages are being held, French Defence...

  • Algeria rules out negotiating with hostage-takers

    By Reuters

    ALGIERS (Reuters) - Algeria ruled out negotiating with Islamists who took dozens of hostages on Wednesday at a gas facility in the southern desert. "The Algerian authorities will not respond to the...

  • Qaeda-linked groups says holding 41, including Americans, in Algeria

    By Reuters

    NOUAKCHOTT (Reuters) - Al Qaeda-linked Islamists claimed to have seized 41 hostages, including seven Americans, in a raid on a gas field plant in southern Algeria, two Mauritania-based news agencies...

  • Interior Secretary Salazar plans to step down

    Interior Secretary Salazar plans to step down

    By Ayesha Rascoe, Reuters

    WASHINGTON (Reuters) - Interior Secretary Ken Salazar, who helped lead the government's response to the largest offshore oil spill in U.S. history, said on Wednesday he is stepping down from his post...

  • Maduro stands in for Venezuela's ailing Chavez in key speech

    Maduro stands in for Venezuela's ailing Chavez in key speech

    By Daniel Wallis and Brian Ellsworth, Reuters

    CARACAS (Reuters) - Venezuelan Vice President Nicolas Maduro gave a brief state of the nation address on Tuesday in place of his ailing boss, Hugo Chavez, who has not been seen in public since going...