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...

  • GE cautious on 2013 after sales miss Wall Street target

    GE cautious on 2013 after sales miss Wall Street target

    By Scott Malone, Reuters

    (Reuters) - General Electric Co reported weaker-than-expected third-quarter revenue, hurt by unfavorable exchange rates, and investors shrugged off an 8.3 percent profit increase and sent the company...

  • Colombian government, FARC rebels to meet in Cuba for peace talks

    Colombian government, FARC rebels to meet in Cuba for peace talks

    By Balazs Koranyi and Helen Murphy, Reuters

    HURDAL, Norway/BOGOTA (Reuters) - Colombian government and leftist rebel negotiators agreed to meet in Cuba in mid-November to start what are likely to be thorny peace talks aimed at patching...

  • Iraq says signs contract for 18 F-16 fighter jets

    By Reuters

    BAGHDAD (Reuters) - Iraq has signed a contract to buy its second set of 18 F-16 fighters from the United States, part of a deal to purchase 36 of the jets to rebuild its air force, Iraq's acting...

  • Exxon seeks to quit flagship Iraq oil project

    Exxon seeks to quit flagship Iraq oil project

    By Peg Mackey and Timothy Gardner, Reuters

    LONDON/WASHINGTON (Reuters) - Exxon Mobil wants to leave its giant oilfield project in southern Iraq, diplomatic sources said, in a move likely to aggravate the country's internal tensions and hamper...

  • Rosneft lodges bid for BP stake in TNK-BP: sources

    Rosneft lodges bid for BP stake in TNK-BP: sources

    By Andrew Callus and Megan Davies, Reuters

    LONDON/MOSCOW (Reuters) - Rosneft is poised to secure a tighter grip on Russia's oil industry with a bid for BP's 50 percent stake in TNK-BP, the country's third largest producing company. Sources...