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...

  • SEC denies request to delay transparency rule

    SEC denies request to delay transparency rule

    By Reuters

    WASHINGTON (Reuters) - U.S. securities regulators denied a request to delay new rules that will require oil, gas and mining companies to disclose payments to foreign governments, after business...

  • Chinese state firms say reform should mean more growth

    Chinese state firms say reform should mean more growth

    By Charlie Zhu and Lucy Hornby, Reuters

    BEIJING (Reuters) - China's big state-owned enterprises argued for continued expansion on Friday, echoing outgoing President Hu Jintao's comments urging more investment in major government firms and...

  • Obama's Myanmar trip "no threat to Chinese interests"

    Obama's Myanmar trip "no threat to Chinese interests"

    By Ben Blanchard, Reuters

    BEIJING (Reuters) - A landmark trip by U.S. President Barack Obama to Myanmar this month poses no threat to China's interests in the Southeast Asian country, a senior Chinese official from a key...

  • Insight: In Sandy crisis, motorists stranded at Big Oil's pumps

    Insight: In Sandy crisis, motorists stranded at Big Oil's pumps

    By Edward McAllister and David Sheppard, Reuters

    NEW YORK (Reuters) - Superstorm Sandy left a trail of destruction and despair in the U.S. Northeast, but it also exposed a surprising fault line in the ability of gasoline stations to keep fuel...

  • Earthquake hits northern Japan, no tsunami warning issued

    By Reuters

    TOKYO (Reuters) - An earthquake with a preliminary magnitude of 5.5 shook northern Japan on Friday, public broadcaster NHK said. No tsunami warning was issued, and there were no immediate reports of...