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...

  • Analysis: Revival of Britain's northeast tests government

    Analysis: Revival of Britain's northeast tests government

    By Alan Wheatley and Global Economics Correspondent, Reuters

    WILTON, England (Reuters) - Tracts of bare ground dot the vast Wilton chemical complex, a reminder of long-demolished plants that bear ghostly witness to the industrial decline of the world's first...

  • Analysis: Greek reform pledge on trial as state sales resume

    Analysis: Greek reform pledge on trial as state sales resume

    By Anthony Deutsch and Harry Papachristou, Reuters

    ATHENS (Reuters) - As Greece's privatization program resumes this month, nearly half a year behind schedule, at stake is not just the billions of euros it needs to raise, but the credibility of its...

  • Chevron fails to block $18 billion Ecuador judgment

    Chevron fails to block $18 billion Ecuador judgment

    By Reuters

    WASHINGTON (Reuters) - Chevron Corp on Tuesday lost a U.S. Supreme Court bid to block an $18.2 billion judgment against it in Ecuador in a case over pollution in the Amazon jungle. The Supreme Court...

  • North Korea says its rockets can hit U.S. mainland

    North Korea says its rockets can hit U.S. mainland

    By Reuters

    SEOUL (Reuters) - North Korea has rockets that can hit the U.S. mainland, it said on Tuesday, two days after South Korea struck a deal with the United States to extend the range of its ballistic...

  • Toxic tanneries drive Bangladesh leather exports: report

    Toxic tanneries drive Bangladesh leather exports: report

    By Reuters

    DHAKA (Reuters) - Luxury leather goods sold across the world are produced in a slum area of Bangladesh's capital where workers, including children, are exposed to hazardous chemicals and often...