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...

  • Hurricane Sandy to make landfall early Monday evening: NHC

    Hurricane Sandy to make landfall early Monday evening: NHC

    By Reuters

    (Reuters) - Hurricane Sandy, located about 110 miles southeast of Atlantic City, New Jersey, and about 175 miles south-southeast of New York City, is expected to make landfall early Monday evening,...

  • Google unveils first 10-inch Nexus tablet

    Google unveils first 10-inch Nexus tablet

    By Alexei Oreskovic, Reuters

    SAN FRANCISCO (Reuters) - Google Inc unveiled a larger version of its Nexus-branded tablet computer on Monday, and updated its mobile gadget and online content offerings as competition with Apple Inc...

  • Obama urges resolve, patience in face of hurricane

    Obama urges resolve, patience in face of hurricane

    By Matt Spetalnick, Reuters

    WASHINGTON (Reuters) - President Barack Obama on Monday urged East Coast residents in the path of Hurricane Sandy to heed evacuation orders and assured them the government was ready to respond...

  • Supreme Court accepts PPL appeal in British tax case

    By Reuters

    WASHINGTON (Reuters) - The Supreme Court agreed on Monday to consider whether a U.S. company is entitled to a tax credit when it pays a so-called "windfall tax" imposed by the United Kingdom. At...

  • Petronas, Progress extend closing date on proposed deal

    Petronas, Progress extend closing date on proposed deal

    By Niluksi Koswanage, Reuters

    KUALA LUMPUR (Reuters) - Malaysian state oil company Petronas said on Monday it has extended the closing date on its bid for Canadian gas producer Progress Energy Resources until November 30, as it...