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...

  • U.N. nuclear agency says to hold more talks with Iran

    By Reuters

    VIENNA (Reuters) - The U.N. atomic watchdog will hold further talks with Iran aimed at clarifying concerns about its nuclear program, despite the lack of progress so far, agency chief Yukiya Amano...

  • U.S. and allies to hold Gulf military exercise

    By Reuters

    DUBAI (Reuters) - Warships from around the world were assembling in the Gulf on Sunday for what the U.S. military described as the most widely attended international naval exercise ever held in the...

  • Iran on brink of nuclear bomb in 6-7 months: Netanyahu

    Iran on brink of nuclear bomb in 6-7 months: Netanyahu

    By Matt Spetalnick and Dan Williams, Reuters

    WASHINGTON/JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu warned on Sunday that Iran would reach the brink of being able to build a nuclear bomb in just six or seven months, adding...

  • Panetta seeks closer Sino-U.S. ties as China military expands

    Panetta seeks closer Sino-U.S. ties as China military expands

    By David Alexander, Reuters

    TOKYO (Reuters) - U.S. Defense Secretary Leon Panetta will look for ways to deepen military relations with China during a visit to Asia this week, even as he works to bolster U.S. alliances in the...

  • China's Xi says Japan's purchase of disputed isles a farce

    China's Xi says Japan's purchase of disputed isles a farce

    By Sui-Lee Wee, Reuters

    BEIJING (Reuters) - Chinese leader-in-waiting Xi Jinping denounced Japan's decision to buy disputed islands as a farce on Wednesday and said Tokyo should "rein in its behavior" as China moved to...