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...

  • IAEA says would "not be surprised" by North Korea nuke test

    By Reuters

    ST GALLEN, Switzerland (Reuters) - The United Nations nuclear chief said on Friday he would not be surprised if North Korea were to carry out a new nuclear test, amid speculation the secretive Asian...

  • Clinton says U.S. willing to work with North Korea if it reforms

    Clinton says U.S. willing to work with North Korea if it reforms

    By Andrew Quinn, Reuters

    BEIJING (Reuters) - Secretary of State Hillary Clinton said on Friday that the United States was willing to work with North Korea if it changed its ways, and also said more pressure should be brought...

  • Japan switches off last nuclear power plant; will it cope?

    Japan switches off last nuclear power plant; will it cope?

    By Aaron Sheldrick, Reuters

    TOKYO (Reuters) - Japan shuts down its last working nuclear power reactor this weekend just over a year after a tsunami scarred the nation and if it survives the summer without major electricity...

  • In Soros mold, ex-Enron gas trade whiz Arnold turns giver

    By Kristen Hays and Jeanine Prezioso, Reuters

    HOUSTON/NEW YORK (Reuters) - To the list of unexpected windfalls created by the boom in shale gas production, add one more: The full-time philanthropy of billionaire trader John Arnold. Tired of...

  • BP wins delay of Gulf spill trial until 2013

    BP wins delay of Gulf spill trial until 2013

    By Jonathan Stempel, Reuters

    (Reuters) - A trial to assign blame and damages that could total tens of billions of dollars for the 2010 Gulf of Mexico oil spill has been put off until January, in a setback for the U.S. government...