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...

  • Iran accuses IAEA of passing nuclear secrets to Israel

    By Yeganeh Torbati, Reuters

    DUBAI (Reuters) - A senior Iranian lawmaker accused the UN nuclear watchdog on Sunday of passing confidential details of Iran's atomic work to Israel, and a military commander said Tehran may...

  • Clinton summit highlights good business practices

    Clinton summit highlights good business practices

    By Edith Honan, Reuters

    NEW YORK (Reuters) - Former U.S. President Bill Clinton opened his annual philanthropic summit on Sunday by urging business leaders to do more to alleviate poverty and improve the environment. "We...

  • Analysis: Coal fight looms, Keystone-like, over U.S. Northwest

    Analysis: Coal fight looms, Keystone-like, over U.S. Northwest

    By Patrick Rucker, Reuters

    WASHINGTON (Reuters) - Call it the Keystone of coal: a regulatory and public relations battle between environmentalists and U.S. coal miners akin to the one that has defined the Canada-to-Texas oil...

  • Crews extinguish fire at Venezuela's El Palito refinery

    Crews extinguish fire at Venezuela's El Palito refinery

    By Reuters

    CARACAS (Reuters) - Firefighters extinguished a blaze in a fuel storage tank at Venezuela's El Palito refinery, state oil company PDVSA said on Saturday. The fire was started by a lightning bolt...

  • U.S. stops 20 Iran officials attending U.N. assembly

    By Reuters

    DUBAI (Reuters) - The United States has denied visas to about 20 Iranian government officials hoping to attend next week's United Nations General Assembly, including two ministers, Iran's Fars news...