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...

  • Major powers seek Iran concessions at Baghdad talks

    By Justyna Pawlak and Patrick Markey, Reuters

    BAGHDAD (Reuters) - World powers will test Iran's readiness under pressure of sanctions to scale back its nuclear program at talks on Wednesday aimed at easing a decade-old standoff and averting the...

  • Detailed, "engaged" Iran nuclear talks go to second day

    Detailed, "engaged" Iran nuclear talks go to second day

    By Andrew Quinn and Justyna Pawlak, Reuters

    BAGHDAD (Reuters) - Talks between Iran and world powers to defuse a dispute about Iran's nuclear goals go into a second day on Thursday with Washington cautiously hopeful of progress towards an...

  • Citigroup says cautious on U.S. small-, mid-cap cos

    Citigroup says cautious on U.S. small-, mid-cap cos

    By Reuters

    (Reuters) - Citigroup said it has a cautious view on the U.S. small-and mid-cap companies on concerns over earnings pressure in the second half amid the euro zone crisis and the political uncertainty...

  • Amid criticism, nuclear chief Jaczko resigns

    Amid criticism, nuclear chief Jaczko resigns

    By Roberta Rampton, Reuters

    WASHINGTON (Reuters) - Gregory Jaczko, chairman of the U.S. Nuclear Regulatory Commission, said on Monday that he would resign, following a year of intense criticism over his abrasive management...

  • No sign of breakthrough in U.N. nuclear chief's Tehran talks

    No sign of breakthrough in U.N. nuclear chief's Tehran talks

    By Fredrik Dahl and Marcus George, Reuters

    VIENNA/DUBAI (Reuters) - The U.N. nuclear watchdog chief held talks in Tehran on Monday ahead of a meeting between major powers and Iranian officials this week, but there was no immediate sign of a...