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...

  • EU sanctions target Iran oil, gas, tanker companies

    EU sanctions target Iran oil, gas, tanker companies

    By Justyna Pawlak, Reuters

    BRUSSELS (Reuters) - European Union governments imposed sanctions on Tuesday against major Iranian state companies in the oil and gas industry, and strengthened restrictions on the central bank,...

  • Romney raised $170 million in September, trails Obama

    Romney raised $170 million in September, trails Obama

    By Alina Selyukh and Alexander Cohen, Reuters

    WASHINGTON (Reuters) - Republican presidential challenger Mitt Romney and his allies raised $170.5 million in September, the campaign said on Monday, falling just short of the 2012 fundraising record...

  • EU agrees wider Iran sanctions, Ashton sees more talks

    EU agrees wider Iran sanctions, Ashton sees more talks

    By Justyna Pawlak and Sebastian Moffett, Reuters

    LUXEMBOURG (Reuters) - European Union governments agreed further sanctions against Iran's banking, shipping and industrial sectors on Monday, cranking up financial pressure on Tehran in the hope of...

  • Tea Party versus Agenda 21: Saving the U.S. or just irking it?

    By Nick Carey, Reuters

    CEDAR FALLS, Iowa (Reuters) - Tea Party activist Judd Saul admits that he can sound a little unhinged when he gets talking about an issue close to his heart that most Americans have never heard of. "...

  • Lonely, hard work on oil rigs, but salaries soaring

    Lonely, hard work on oil rigs, but salaries soaring

    By Luke Pachymuthu and Manash Goswami, Reuters

    SINGAPORE (Reuters) - What jobs offer the highest pay? Investment banking is up there. So is specialist surgery. But consider this. Slightly over twenty years ago, Johnathan Roberts started work on...