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...

  • Scots launch campaign for a nation again

    By Andrew Osborn, Reuters

    EDINBURGH (Reuters) - With rousing speeches, patriotic music and support from actor Sean Connery, supporters of independence for Scotland launched a campaign on Friday which they hope will lead to...

  • Iran has enough uranium for 5 bombs: expert

    Iran has enough uranium for 5 bombs: expert

    By Fredrik Dahl, Reuters

    VIENNA (Reuters) - Iran has significantly stepped up its output of low-enriched uranium and total production in the last five years would be enough for at least five nuclear weapons if refined much...

  • Myanmar protests an opportunity to show more reform

    Myanmar protests an opportunity to show more reform

    By Andrew R.C. Marshall and Jason Szep, Reuters

    YANGON (Reuters) - A week of protests in Myanmar over chronic power outages gained momentum on Friday after opposition leader Aung San Suu Kyi gave them her blessing and the government's response...

  • Analysis: China's nine-dashed line in South China Sea

    Analysis: China's nine-dashed line in South China Sea

    By David Lague, Reuters

    HONG KONG (Reuters) - Alongside an armada of paramilitary patrol vessels and fishing boats, China has fired off a barrage of historical records to reinforce its claim over a disputed shoal near the...

  • Senate panel backs $631 billion in defense spending

    Senate panel backs $631 billion in defense spending

    By David Alexander, Reuters

    WASHINGTON (Reuters) - A Senate panel voted on Thursday to authorize $631.4 billion in defense spending for the 2013 fiscal year, blocking plans to cut the Air Force and ordering offsetting...