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...

  • The Austrian parliament is seen in Vienna, Austria, November 4, 2016. REUTERS/Heinz-Peter Bader

    Iran to resist 'excessive' demands in push for nuclear deal

    By Fredrik Dahl and Parisa Hafezi, Reuters

    VIENNA (Reuters) - Iran said it would resist Western pressure to make what it considered to be excessive concessions in nuclear talks that started on Tuesday, highlighting obstacles that could...

  • A woman walks past a banner with the logo of Juniper Networks Inc. covering the facade of the New York Stock Exchange, October 29, 2009. REUTERS/Brendan McDermid

    Brazil's fallen tycoon Batista goes on trial for insider trading

    By Marta Nogueira, Reuters

    RIO DE JANEIRO (Reuters) - Eike Batista, once Brazil's richest man, arrived at a Rio de Janeiro courthouse on Tuesday for trial on charges of insider trading in the run up to the bankruptcy of his...

  • U.S. Senator Edward Markey (D-MA) arrives for a news conference after a Senate vote on whether to overturn a presidential veto of the Keystone XL pipeline, at the U.S. Capitol in Washington, March 4, 2015. REUTERS/Jonathan Ernst

    Maine's Sen. King to vote against Keystone pipeline

    By Timothy Gardner and Richard Cowan, Reuters

    In a statement, the independent senator said: "Congress is not – nor should it be – in the business of legislating the approval or disapproval of a construction project." He also said he is...

  • A logo for Shell is seen on a garage forecourt in central London March 6, 2014. REUTERS/Neil Hall

    Shell wins India tax case

    By Reuters

    Shell had challenged the largest ever claim in an Indian tax case related to transfer pricing -- the value at which companies trade products, services or assets between units across borders, a...

  • The Nokia headquarters is seen in Espoo, Finland, July 28, 2015. REUTERS/Mikko Stig/Lethikuva

    Nokia revives the brand with launch of iPad lookalike

    By Jussi Rosendahl, Reuters

    HELSINKI (Reuters) - Finland's Nokia launched a new brand-licensed tablet computer on Tuesday which is designed to rival Apple's iPad Mini, just six months after the company sold its ailing phones...