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...

  • China oil, iron ore imports slow in July with economy

    By Fayen Wong, Reuters

    SHANGHAI (Reuters) - China's imports of crude oil sank in July to a nine-month low and those of iron ore fell for the fourth time in five months as refineries and steel mills cut output due to...

  • Israel media talk of imminent Iran war push

    Israel media talk of imminent Iran war push

    By Dan Williams, Reuters

    JERUSALEM (Reuters) - Israel's prime minister and defense minister would like to attack Iran's nuclear sites before the U.S. election in November but lack crucial support within their cabinet and...

  • Chesapeake Energy in U.S. antitrust investigation

    Chesapeake Energy in U.S. antitrust investigation

    By Brian Grow, Reuters

    ATLANTA (Reuters) - Chesapeake Energy said it is the subject of a U.S. government investigation over possible criminal antitrust violations related to the purchase and lease of oil and gas properties...

  • S&P 500 extends rally to day five with slim gain

    S&P 500 extends rally to day five with slim gain

    By Ryan Vlastelica, Reuters

    NEW YORK (Reuters) - The Standard & Poor's 500 extended its rally to a fifth day on Thursday, again eking out a tiny gain as lingering expectations for economic stimulus from central banks lent...

  • Canada's Enbridge restarts Line 14 oil pipeline

    Canada's Enbridge restarts Line 14 oil pipeline

    By Reuters

    (Reuters) - Enbridge Inc on Tuesday restarted an oil pipeline that ships Canadian crude to Chicago area refiners, 11 days after it spilled more than 1,000 barrels of crude onto a Wisconsin field. The...