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...

  • Historic old Jeddah awaits life-saving restoration

    Historic old Jeddah awaits life-saving restoration

    By Asma Alsharif, Reuters

    JEDDAH, Saudi Arabia (Reuters) - In the heart of Saudi Arabia's sprawling Red Sea port city of Jeddah, centuries-old buildings tilt and buckle above the historic district's narrow alleys, withering...

  • Australian heat wave sears new colors onto maps

    Australian heat wave sears new colors onto maps

    By Reuters

    SYDNEY (Reuters) - Australia's record-breaking heatwave has sent temperatures soaring, melting road tar and setting off hundreds of wildfires - as well as searing new colors onto weather maps. The...

  • Samsung on track to become top home appliances maker

    Samsung on track to become top home appliances maker

    By Reuters

    LAS VEGAS (Reuters) - South Korea's Samsung Electronics Co said it is on course to achieve its goal of becoming the world's top home appliances maker by 2015, with sales growing an estimated 50...

  • Islamists pursue own agenda in Iraq's Sunni protests

    By Suadad al-Salhy, Reuters

    BAGHDAD (Reuters) - Street protests in Iraq's Sunni Muslim heartland pose a new challenge to Shi'ite Prime Minister Nuri al-Maliki as shock waves from the Sunni-led insurgency in nearby Syria strain...

  • Quake measuring 7.5 strikes off Alaska

    By Reuters

    ANCHORAGE, Alaska (Reuters) - An earthquake of 7.5 magnitude struck in the Pacific Ocean off southeastern Alaska on Saturday. The quake occurred about 60 miles southwest of Port Alexander at a depth...