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...

  • Samsung probes burnt out Galaxy phone in Ireland

    Samsung probes burnt out Galaxy phone in Ireland

    By Reuters

    SEOUL (Reuters) - Samsung Electronics Co said it was investigating reports that one of its flagship Galaxy S III smartphones exploded in a user's car in Ireland. Samsung launched its latest Galaxy S...

  • Iran says detected "massive cyber attack:" state TV

    Iran says detected "massive cyber attack:" state TV

    By Reuters

    DUBAI (Reuters) - Iran has detected a planned "massive cyber attack" against its nuclear facilities, state television said on Thursday, after talks with major powers this week failed to resolve a row...

  • Southeastern's Hawkins says Chesapeake undervalued

    By Reuters

    CHICAGO (Reuters) - Depressed shares of Chesapeake Energy Corp are worth more than $50 a piece, and will eventually top $100, the head of Southeastern Asset Management, its top shareholder, said on...

  • Insight: Look, no hands! Augmented reality gets a grip

    Insight: Look, no hands! Augmented reality gets a grip

    By Harro Ten Wolde and Tarmo Virki, Reuters

    FRANKFURT/HELSINKI (Reuters) - One day in March 2000, just days before the dot-com bubble began its journey back to earth, German engineer Thomas Alt first glimpsed the future of technology. "Do you...

  • Chesapeake names ex-Conoco chief Dunham chairman

    Chesapeake names ex-Conoco chief Dunham chairman

    By Anna Driver and Brian Grow, Reuters

    (Reuters) - Chesapeake Energy Corp named former Conoco head Archie Dunham its new chairman, replacing Aubrey McClendon as it seeks to quell a shareholder revolt over a governance crisis. McClendon,...