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...

  • Seventy dead, 200,000 stranded in Bangladesh floods

    Seventy dead, 200,000 stranded in Bangladesh floods

    By Anis Ahmed, Reuters

    DHAKA (Reuters) - Days of rain in Bangladesh, some of the heaviest in years, have set off flash floods and landslides, killing at least 70 people and stranding about 200,000, police and officials...

  • Falling oil prices put Iran over U.S. sanctions barrel

    By Timothy Gardner and Roberta Rampton, Reuters

    WASHINGTON (Reuters) - For most of this year, the threat of tough U.S. sanctions on Iran, the world's third-largest oil exporter, helped push crude oil prices higher and higher, adding a menacing...

  • Insight: As Congress looks away, U.S. tiptoes toward exporting a gas bounty

    Insight: As Congress looks away, U.S. tiptoes toward exporting a gas bounty

    By Ayesha Rascoe and Emily Stephenson, Reuters

    WASHINGTON (Reuters) - In a bitterly divided U.S. political environment, there's at least one thing Republicans and Democrats can agree on: Avoid a public showdown on natural gas exports, arguably...

  • Qatar pressures Glencore to sweeten $30 billion Xstrata bid

    Qatar pressures Glencore to sweeten $30 billion Xstrata bid

    By Mirna Sleiman and Clara Ferreira-Marques, Reuters

    (Reuters) - Qatar, Xstrata's second largest shareholder, threw a huge roadblock in the way of Glencore's $30 billion takeover of the miner with a surprise demand on Tuesday for better terms. The 11th...

  • Qatar pressures Glencore to sweeten $30 bln Xstrata bid

    Qatar pressures Glencore to sweeten $30 bln Xstrata bid

    By Mirna Sleiman and Clara Ferreira-Marques, Reuters

    (Reuters) - Qatar, Xstrata's second largest shareholder, threw a huge roadblock in the way of Glencore's $30 billion takeover of the miner with a surprise demand on Tuesday for better terms. The 11th...