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...

  • Chesapeake asset sale lifts profits, shares rise

    Chesapeake asset sale lifts profits, shares rise

    By Reuters

    (Reuters) - Chesapeake Energy Corp posted a jump in second-quarter profit on Monday after it sold its midstream subsidiary, and said it expects to announce the sale of key West Texas assets in the...

  • Oklahoma wildfire crews helped by cooler temperatures

    Oklahoma wildfire crews helped by cooler temperatures

    By Steve Olafson, Reuters

    OKLAHOMA CITY (Reuters) - Cooler temperatures gave a slight boost on Sunday to crews battling 18 wildfires across Oklahoma that have torched at least 121 structures and charred thousands of acres...

  • Insight: A year on, Nigeria's oil still poisons Ogoniland

    Insight: A year on, Nigeria's oil still poisons Ogoniland

    By Tim Cocks, Reuters

    OGONILAND, Nigeria (Reuters) - A bright yellow sign above the well in this sleepy Nigerian village says 'caution: not fit for use', and the sulphurous stink off the water that children still pump...

  • Insight: A year on, Nigeria's oil still poisons Ogoniland

    Insight: A year on, Nigeria's oil still poisons Ogoniland

    By Tim Cocks, Reuters

    OGONILAND, Nigeria (Reuters) - A bright yellow sign above the well in this sleepy Nigerian village says 'caution: not fit for use', and the sulphurous stink off the water that children still pump...

  • Iran warns against foreign intervention in Syria

    By Reuters

    DUBAI (Reuters) - Iran warned against foreign intervention in Syria on Sunday and said the conflict there could engulf Israel, Iranian media said. Iran's Parliament Speaker Ali Larijani accused the...