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...

  • Exclusive: Greek power regulator warns of energy meltdown

    By Reuters

    ATHENS (Reuters) - Greece's power regulator RAE told Reuters on Friday it was calling an emergency meeting next week to avert a collapse of the debt-stricken country's electricity and natural gas...

  • BP puts giant Russian joint venture up for sale

    BP puts giant Russian joint venture up for sale

    By Tom Bergin and Douglas Busvine, Reuters

    LONDON/MOSCOW (Reuters) - A Russian state firm has offered to buy BP's half share in its huge oil joint venture, a source said on Friday, in what would amount to a stunning reversal for the British...

  • Insight: From a ferry, a Chinese fast-attack boat

    By David Lague, Reuters

    (Reuters) - It looked like a textbook win-win deal when Australian high-speed ferry designer AMD Marine Consulting formed a joint venture in 1993 with the engineering arm of a state-owned Chinese...

  • Xstrata to vote on July 12 on Glencore deal

    Xstrata to vote on July 12 on Glencore deal

    By Reuters

    LONDON (Reuters) - Shareholders in miner Xstrata will vote on July 12 on commodities trader Glencore's $30 billion all-share takeover bid, leaving the companies weeks to woo waverers over to one of...

  • Clinton to assert U.S. claim in scramble for Arctic

    Clinton to assert U.S. claim in scramble for Arctic

    By Balazs Koranyi, Reuters

    OSLO (Reuters) - Secretary of State Hillary Clinton will assert U.S. interest in the Arctic, where the prospects for abundant oil, gas and new trade routes has been likened to a modern-day gold rush...