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...

  • Patriot missiles in Turkey threaten "world war:" Iran army chief

    Patriot missiles in Turkey threaten "world war:" Iran army chief

    By Reuters

    DUBAI (Reuters) - The planned deployment of NATO Patriot missiles along Turkey's border with Syria could lead to a "world war" that would threaten Europe as well, Iran's military chief of staff was...

  • Edison Mission prepares bankruptcy filing: source

    By Nick Brown, Reuters

    (Reuters) - Edison Mission Energy, a power company that operates in more than a dozen U.S. states, is preparing a possible bankruptcy filing as it tries to restructure about $5 billion in debt,...

  • U.N. agency sees deal soon to check Iran nuclear work

    By Fredrik Dahl, Reuters

    VIENNA (Reuters) - The United Nations nuclear agency expects to reach a deal with Iran next month enabling it to investigate whether the Islamic state has carried out atomic bomb research, the chief...

  • Industrial output gain biggest in nearly two years

    Industrial output gain biggest in nearly two years

    By Reuters

    WASHINGTON (Reuters) - Industrial output rose more than expected in November, posting its sharpest increase in nearly two years, as production bounced back from the disruptions of superstorm Sandy...

  • Japan's LDP set for big win in Sunday election: polls

    Japan's LDP set for big win in Sunday election: polls

    By Linda Sieg, Reuters

    TOKYO (Reuters) - Japan's conservative Liberal Democratic Party (LDP) is on track for a stunning victory in Sunday's election, returning to power with hawkish former Prime Minister Shinzo Abe at the...