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: Canada may have cut ties with Iran to avoid retaliation

    By Marcus George and Randall Palmer, Reuters

    DUBAI/OTTAWA, Sept 10 - Canada's surprise decision to sever relations with Iran may well have been triggered by Ottawa's fear of retaliation for stepping up its denunciations of Tehran and a parallel...

  • Romney on the Attack Over Grim Jobs Numbers

    By Jeff Mason and Sam Youngman, Reuters

    President Barack Obama charged back onto the campaign trail on Friday and faced a withering attack from Republican rival Mitt Romney over disappointing new U.S. jobs numbers as the candidates sought...

  • Exclusive: Egypt's PM to put economic focus on growth, deficit cut

    Exclusive: Egypt's PM to put economic focus on growth, deficit cut

    By Edmund Blair and Patrick Werr, Reuters

    CAIRO (Reuters) - Egypt's new prime minister Hisham Kandil is finalizing an economic reform plan that will rein in hefty consumer subsidies, he said on Sunday, adding that he expected the economy to...

  • Analysis: Can Israel surprise Iran? Maybe not, but could still strike

    Analysis: Can Israel surprise Iran? Maybe not, but could still strike

    By Dan Williams, Reuters

    JERUSALEM (Reuters) - Prime Minister Benjamin Netanyahu's cancellation of a security cabinet session on Iran following a media leak last week laid bare a conundrum long troubling Israeli strategists...

  • Asia-Pacific nations pledge growth, fret over economy

    Asia-Pacific nations pledge growth, fret over economy

    By Timothy Heritage and Douglas Busvine, Reuters

    VLADIVOSTOK, Russia (Reuters) - Asia-Pacific nations including China, the United States and Japan promised measures to boost growth on Sunday and rejected limits on food exports to try to revive the...