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...

  • Iran impasse to stir sanctions pressure, tensions

    Iran impasse to stir sanctions pressure, tensions

    By Justyna Pawlak and William Maclean, Reuters

    MOSCOW/LONDON (Reuters) - Western diplomatic efforts to curb Iran's nuclear program may not have breathed their last but the troubled process appears to be on life support after talks this week...

  • Long-grumbling Alaska volcano has explosive ash burst

    Long-grumbling Alaska volcano has explosive ash burst

    By Yereth Rosen, Reuters

    ANCHORAGE, Alaska (Reuters) - A remote Aleutian volcano that has been restless for the past year rumbled to life on Tuesday, shooting a thin cloud of ash several miles into the sky, which could pose...

  • Analysis: Brazil struggles to cash in on carbon credits

    By Marcelo Teixeira, Reuters

    RIO DE JANEIRO, June 19 (Reuters Point Carbon) - A patchwork of regional legislation and complex rules governing land ownership have so far kept Brazil from cashing in on what could potentially be...

  • Iran, world powers fail to settle nuclear dispute

    By Justyna Pawlak and Yeganeh Torbati, Reuters

    MOSCOW (Reuters) - World powers and Iran failed to secure a breakthrough at talks on Tehran's nuclear program on Tuesday and set no date for more political negotiations, despite the threat of a new...

  • Mozambique coal, gas: boom for all, or just a few?

    Mozambique coal, gas: boom for all, or just a few?

    By Agnieszka Flak and William Mapote, Reuters

    MAPUTO (Reuters) - In Mozambique's port capital Maputo, glitzy offices, boutique hotels and fancy restaurants are popping up alongside crumbling colonial buildings, nourished by multi-billion dollar...