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...

  • U.S. Navy fires on fishing boat near UAE; 1 killed

    U.S. Navy fires on fishing boat near UAE; 1 killed

    By Amena Bakr and Phil Stewart, Reuters

    DUBAI/WASHINGTON (Reuters) - One person was killed and three others injured on Monday when a U.S. Navy ship fired at an approaching fishing boat off the United Arab Emirates, but officials did not...

  • Egypt focus as Clinton visits Israel

    Egypt focus as Clinton visits Israel

    By Arshad Mohammed, Reuters

    JERUSALEM (Reuters) - U.S. Secretary of State Hillary Clinton, arriving in Jerusalem from newly Islamist-controlled Egypt, told a wary Israel on Monday to treat the Arab Spring as an opportunity as...

  • More than 100,000 protest nuclear power in Tokyo

    More than 100,000 protest nuclear power in Tokyo

    By Aaron Sheldrick, Reuters

    TOKYO (Reuters) - More than 100,000 anti-nuclear protesters marched through central Tokyo on Monday to voice their opposition to atomic power, racheting up the pressure on under fire Prime Minister...

  • Insight: Top palm oil producer Indonesia wants to be more refined

    Insight: Top palm oil producer Indonesia wants to be more refined

    By Michael Taylor and Niluksi Koswanage and Chew Yee Kiat, Reuters

    JAKARTA/KUALA LUMPUR (Reuters) - For decades, Indonesia has shipped out tanker loads of raw palm oil for processing into higher value cooking oil and margarine in Rotterdam, Mumbai and Kuala Lumpur...

  • China's Lenovo inches closer to a global tech title

    China's Lenovo inches closer to a global tech title

    By Lee Chyen Yee, Reuters

    HONG KONG (Reuters) - Lenovo Group Ltd is on track to overtake Hewlett-Packard Co as the world's biggest PC maker by sales as soon as this year, making it the first Chinese company to grab the top...