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...

  • Iran talks show common ground, disagreement: U.S.

    By Reuters

    BAGHDAD (Reuters) - A first day of talks between Iran and world powers about a nuclear program that the West suspects is aimed at nuclear bomb research showed a "fair amount of disagreement" but also...

  • Chesapeake defends board to shareholders

    Chesapeake defends board to shareholders

    By Reuters

    (Reuters) - Chesapeake Energy Corp defended its board of directors in a letter to shareholders on Wednesday as investors push for governance changes at the U.S. oil and gas company. Analysts and...

  • Iran presents new proposals to world powers-media

    By Reuters

    DUBAI (Reuters) - Iran has proposed a "new and comprehensive" package of proposals to six world powers during talks on Wednesday in Baghdad over its disputed nuclear program, Iranian media reported...

  • PTT's $1.9 billion bid for Cove trumps Shell

    By Tom Bergin and Sarah Young, Reuters

    LONDON (Reuters) - Thailand's PTT Exploration and Production stoked the bid battle for Cove Energy on Wednesday, topping Royal Dutch Shell with a 1.22-billion-pound ($1.9 billion) offer that...

  • Iran says Western pressure at talks will be futile

    By Marcus George, Reuters

    DUBAI (Reuters) - Iranian Foreign Minister Ali Akbar Salehi said on Wednesday that any efforts by Western powers to put pressure on Iran at talks in Baghdad over its nuclear programme would be futile...