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...

  • Chesapeake Energy, McClendon under SEC probe

    Chesapeake Energy, McClendon under SEC probe

    By Reuters

    (Reuters) - Chesapeake Energy Corp said on Thursday the company and Chief Executive Aubrey McClendon are under scrutiny by the Securities and Exchange Commission as part of an informal inquiry...

  • Nokia defends strategy to exasperated investors

    Nokia defends strategy to exasperated investors

    By Tarmo Virki, Reuters

    HELSINKI (Reuters) - Nokia's chairman-designate Risto Siilasmaa defended its turnaround strategy on Thursday before meeting shareholders who are losing patience with the company's efforts to catch up...

  • Pounds of Pig Poo: The 'Dirty Energy' Alternative

    By PAULINE ASKIN, Reuters

    China's love of pork presents a mountain of a problem for the environment, 1.4 million metric tons (1.5 million tons) of pig poo a year to be precise, but an Australian company believes it has part...

  • Natgas trading legend Arnold retires, ending era

    By Jeanine Prezioso, Reuters

    NEW YORK (Reuters) - Legendary natural gas trader John Arnold is closing down his flagship Centaurus fund, sources said o n Wednesday, ending an era in which the former Enron wunderkind defined the...

  • Iran seeks end to sanctions at talks, hits out at France

    Iran seeks end to sanctions at talks, hits out at France

    By Fredrik Dahl and Marcus George, Reuters

    VIENNA/DUBAI (Reuters) - Iran said on Wednesday it would seek an end to sanctions over its nuclear activities at talks with big powers later this month and it sought to turn the tables on its Western...