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...

  • Insight: Flood risk rampant across Asia's factory zones

    Insight: Flood risk rampant across Asia's factory zones

    By David Fogarty and Clare Baldwin, Reuters

    BANGKOK/HONG KONG (Reuters) - Global insurance companies are struggling to get a grip on their flood exposure in Asia nearly a year after one of the world's costliest disasters hit Thailand, with...

  • Heaviest rains in 60 years kill 37 in Beijing

    Heaviest rains in 60 years kill 37 in Beijing

    By Reuters

    BEIJING (Reuters) - The Chinese capital's heaviest rainstorm in six decades killed at least 37 people, flooded streets and stranded 80,000 people at the main airport, state media and the government...

  • China to formally garrison disputed South China Sea

    China to formally garrison disputed South China Sea

    By Reuters

    BEIJING (Reuters) - China's powerful Central Military Commission has approved the formal establishment of a military garrison for the disputed South China Sea, state media said on Sunday, in a move...

  • Heaviest rains in 60 years kill 10 in Beijing: media

    Heaviest rains in 60 years kill 10 in Beijing: media

    By Reuters

    BEIJING (Reuters) - The heaviest rain storm in six decades to hit the Chinese capital killed at least 10 people and caused widespread chaos, flooding streets and stranding 80,000 people at the city's...

  • Chavez says election rival and Romney want to subjugate Venezuela

    Chavez says election rival and Romney want to subjugate Venezuela

    By Daniel Wallis, Reuters

    CARACAS (Reuters) - Venezuelan President Hugo Chavez compared his election rival to "far-right" U.S. presidential hopeful Mitt Romney on Saturday, saying both men wanted to subjugate the country...