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...

  • CVR Energy shelves unit's public offering

    By Reuters

    (Reuters) - Oil refiner CVR Energy Inc, which is being acquired by billionaire investor Carl Icahn, said it has scrapped plans for a public offering of shares in majority-owned fertilizer maker CVR...

  • Iran hangs "Mossad agent' for scientist killing

    Iran hangs "Mossad agent' for scientist killing

    By Reuters

    DUBAI (Reuters) - Iran has hanged a man it said was an agent for Israeli intelligence agency Mossad whom it convicted of killing one of its nuclear scientists in 2010, Iranian state media reported on...

  • Eurozone Crisis Has Investors Heading for the Grexit

    By Jacqueline Leo

    If you were writing the story about the financial crisis and the euro crisis as a work of fiction, your editor would say you've jumped the shark. Who would believe that after signing a $43 billion...

  • Analysis: Sharks circle McClendon's Chesapeake

    Analysis: Sharks circle McClendon's Chesapeake

    By Anna Driver and Carrick Mollenkamp, Reuters

    HOUSTON/NEW YORK (Reuters) - Chesapeake Energy Corp's increasing shift from bank loans to costly funding is raising fresh questions about how long the spigot of cash will remain open and whether the...

  • Exclusive: EU to lodge suit against Argentina with WTO

    Exclusive: EU to lodge suit against Argentina with WTO

    By Paul Day, Reuters

    MADRID (Reuters) - The European Union has agreed to file a trade suit against Argentina's import restrictions with the World Trade Organization (WTO), a senior Spanish government source said on...