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...

  • Marubeni nears $3.5 billion-plus Gavilon deal: sources

    Marubeni nears $3.5 billion-plus Gavilon deal: sources

    By Emi Emoto and Soyoung Kim, Reuters

    TOKYO/NEW YORK (Reuters) - Japanese trading house Marubeni Corp is nearing a deal to buy U.S. grains merchant Gavilon for about $3.5 billion excluding debt and could announce the transaction as early...

  • Strong quake strikes northern Argentina: USGS

    By Reuters

    WASHINGTON (Reuters) - A magnitude 6.4 earthquake struck northern Argentina early on Monday, the U.S. Geological Survey said. The quake occurred at 2:07 a.m. local time (1.07 a.m. EDT) and was...

  • Beryl cuts soggy path across U.S. southeast

    By David Beasley, Reuters

    ATLANTA (Reuters) - Tropical Storm Beryl cut a soggy path across the U.S. southeast on Monday after swirling ashore in Florida at near hurricane strength. The second named storm of the 2012 Atlantic...

  • Subtropical Storm Beryl swirls toward southeast coast

    By Kevin Gray, Reuters

    MIAMI (Reuters) - Subtropical Storm Beryl moved slowly toward the U.S. southeastern coast on Saturday, threatening heavy rains and dangerous surf for Memorial Day weekend beachgoers in northern...

  • Spain's Bankia eyes stake sales after record bailout

    Spain's Bankia eyes stake sales after record bailout

    By Jesús Aguado, Reuters

    MADRID (Reuters) - Spain's fourth biggest lender, Bankia, on Saturday prepared to sell stakes it holds in companies to meet European competition rules after a state rescue that has so far cost 23.5...