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...

  • Freed Niger hostages say were not mistreated

    By Abdoulaye Massalatchi, Reuters

    NIAMEY (Reuters) - Five African aid workers freed on Saturday after nearly three weeks as hostages in the Sahara desert said they were relieved to be back with their families in Niger and that their...

  • Kuwait warns against unlicensed protest planned for Sunday

    By Reuters

    KUWAIT (Reuters) - Kuwait said on Saturday it had not issued a permit to allow a planned protest against new voting rules and the prime minister warned police would use force if the nation was under...

  • Insight: Flooded New York plans to tame the sea, but who pays?

    Insight: Flooded New York plans to tame the sea, but who pays?

    By Greg Roumeliotis, Reuters

    NEW YORK (Reuters) - When Jeroen Aerts, a Dutchman tasked with crafting a plan to defend New York City from flooding, first looked at its coastline seven years ago, he was taken aback by how...

  • Chevron profit down on reduced output, weak refining

    Chevron profit down on reduced output, weak refining

    By Braden Reddall, Reuters

    (Reuters) - Chevron Corp posted earnings on Friday that were much lower than expected as maintenance exacerbated a decline this year in oil and natural gas production, and shares of the second-...

  • NY mayor cites climate stance in endorsing Obama

    NY mayor cites climate stance in endorsing Obama

    By Reuters

    WASHINGTON, Nov 2 (Reuters Point Carbon) - Climate change was catapulted to the forefront of the U.S. general election on Thursday after New York's independent mayor threw his weight behind...