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...

  • Brent up on supply concern, economy worries curb rise

    Brent up on supply concern, economy worries curb rise

    By Robert Gibbons, Reuters

    NEW YORK (Reuters) - Brent crude prices rose on Monday in choppy trade, hitting a three-month peak on concerns about North Sea supply and Middle East tensions, while fears about a slowing global...

  • Keystone XL pipeline takes second shot at U.S. OK

    Keystone XL pipeline takes second shot at U.S. OK

    By Jeffrey Jones, Reuters

    CALGARY, Alberta (Reuters) - TransCanada Corp is taking its second shot at asking Washington to approve the contentious Keystone XL oil pipeline, betting that a new route through Nebraska and post-U...

  • U.S. proposes new rules for fracking on federal lands

    U.S. proposes new rules for fracking on federal lands

    By Ayesha Rascoe, Reuters

    WASHINGTON (Reuters) - The Obama administration unveiled long-awaited rules on Friday to bolster oversight on public lands of oil and natural gas drilling using fracking technology that has ushered...

  • Analysis: The ins and outs of Russia's next government

    Analysis: The ins and outs of Russia's next government

    By Douglas Busvine, Reuters

    MOSCOW (Reuters) - When Vladimir Putin stood for re-election to the presidency in 2004, he named a new government even before the vote. Now, days before he is sworn in as Kremlin chief for a third...

  • Argentina nationalizes oil company YPF

    Argentina nationalizes oil company YPF

    By Hugh Bronstein, Reuters

    BUENOS AIRES (Reuters) - Argentina's Congress nationalized the country's biggest oil company, YPF, by an overwhelming lower house vote on Thursday that underscored broad popular support for a measure...