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...

  • RIM hires bankers for strategic review, forecasts first quarter loss

    RIM hires bankers for strategic review, forecasts first quarter loss

    By Alastair Sharp, Reuters

    TORONTO (Reuters) - Research In Motion Ltd has hired bankers for a far-reaching strategic review and to look for partnerships as the BlackBerry-maker warned it would likely report a shock fiscal...

  • Samsung boosts Galaxy appeal with Music Hub

    By Paul Sandle, Reuters

    LONDON (Reuters) - Samsung has launched a new music service on the Galaxy S3, its flagship smartphone that rolls out across Europe from Tuesday, to boost its appeal in competition with top devices...

  • Marubeni buys Gavilon for $3.6 billion as it eyes China

    Marubeni buys Gavilon for $3.6 billion as it eyes China

    By Yuko Inoue and Emi Emoto, Reuters

    TOKYO (Reuters) - Japanese trading house Marubeni Corp will buy U.S. grain merchant Gavilon for $3.6 billion, a landmark deal that may put it in pole position to benefit from China's booming demand...

  • Marubeni says to buy Gavilon for $3.6 billion

    By Reuters

    TOKYO (Reuters) - Marubeni Corp, Japan's fifth-biggest trading house, said on Tuesday it would buy 100 percent of U.S. grain merchant Gavilon Holdings LLC for $3.6 billion. Gavilon is the third-...

  • Insight: Israel gas finds launch navy into troubled waters

    Insight: Israel gas finds launch navy into troubled waters

    By Dan Williams, Reuters

    TEL AVIV (Reuters) - When Israeli economists contemplate their country's untapped natural gas finds far out in the Mediterranean, they dream of energy independence and lucrative export deals. Those...