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...

  • Corporate political efforts don't guarantee returns: study

    By Alina Selyukh, Reuters

    WASHINGTON (Reuters) - Despite a popular belief that spending on lobbyists and political gifts yield fat dividends for business, a study has found just the opposite - that in general higher corporate...

  • Sinopec turns down cut-price Iran crude: source

    Sinopec turns down cut-price Iran crude: source

    By Chen Aizhu, Reuters

    BEIJING (Reuters) - Chinese refiner Sinopec has turned down offers of bargain Iranian crude and will cut imports by up to a fifth this year, a senior Chinese oil executive said, insisting ties with...

  • Apple takes on Google with own maps, better Siri

    Apple takes on Google with own maps, better Siri

    By Poornima Gupta and Alexei Oreskovic, Reuters

    SAN FRANCISCO (Reuters) - Apple Inc took the wraps off its own mobile mapping service and improved the search capabilities of its Siri voice assistant, taking the fight into Google Inc's domain. CEO...

  • U.S. to exempt India, not China, from Iran sanctions

    By Timothy Gardner and Susan Cornwell, Reuters

    WASHINGTON (Reuters) - The United States extended exemptions from its tough, new sanctions on Iran's oil trade to seven more economies on Monday, leaving China the last remaining major importer...

  • Commerce Secretary Bryson to take medical leave

    Commerce Secretary Bryson to take medical leave

    By Susan Heavey and Steve Gorman, Reuters

    WASHINGTON/LOS ANGELES (Reuters) - Commerce Secretary John Bryson, under investigation for his role in two car crashes in California over the weekend that aides linked to a seizure, said on Monday he...