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...

  • Russia's Putin vows reforms, warns on protests

    Russia's Putin vows reforms, warns on protests

    By Timothy Heritage, Reuters

    ST PETERSBURG, Russia (Reuters) - President Vladimir Putin sought to reassure foreign investors on Thursday that Russia was committed to liberal reforms and privatization and signaled to opponents...

  • Exclusive: Gunvor's Timchenko eyes downstream buys

    Exclusive: Gunvor's Timchenko eyes downstream buys

    By Katya Golubkova and Denis Pinchuk, Reuters

    ST PETERSBURG, Russia (Reuters) - Russian billionaire Gennady Timchenko, co-owner of Gunvor, wants to transform his fast-growing trading house into an integrated oil company by expanding production...

  • How One GOP Town Is Changing Green Energy Policy

    By Adam Skolnick, The Fiscal Times

    One GOP-led town in Southern California has become an unlikely green energy vortex that just might redefine everything we thought we knew about party politics and environmental policy.

  • China tests troubled waters with $1 billion rig for South China Sea

    China tests troubled waters with $1 billion rig for South China Sea

    By Charlie Zhu, Reuters

    HONG KONG (Reuters) - China has spent nearly $1 billion on an ultra-deepwater rig that appears intended to explore disputed areas of the South China Sea, one of Asia's most volatile hotspots and...

  • Rio+20 summit begins under a cloud of criticism

    Rio+20 summit begins under a cloud of criticism

    By Paulo Prada and Valerie Volcovici, Reuters

    RIO DE JANEIRO (Reuters) - Brazilian President Dilma Rousseff welcomed world leaders to a rainy Rio de Janeiro on Wednesday under a cloud of criticism that a three-day summit is falling far short of...