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...

  • U.S., Alabama urge no delay in BP oil spill trial

    U.S., Alabama urge no delay in BP oil spill trial

    By Jonathan Stempel, Reuters

    (Reuters) - The U.S. government said a trial to assign blame and damages among BP Plc and others over the 2010 Gulf of Mexico oil spill should not be delayed until after a hearing over a $7.8 billion...

  • Chesapeake first-quarter natgas output steady, says cuts to continue

    By Edward McAllister, Reuters

    NEW YORK (Reuters) - Chesapeake Energy reported that natural gas production was almost unchanged in the first quarter of this year compared to late 2011, confirming fears that pledges to cut output...

  • Chesapeake to replace McClendon as chairman

    Chesapeake to replace McClendon as chairman

    By Anna Driver and Brian Grow, Reuters

    HOUSTON (Reuters) - Natural gas producer Chesapeake Energy Corp will split the jobs of chairman and chief executive, and bring an early end to a program that granted CEO Aubrey McClendon stakes in...

  • May Day protests draw police but most are peaceful

    May Day protests draw police but most are peaceful

    By Atossa Araxia Abrahamian and Emmett Berg, Reuters

    NEW YORK/OAKLAND, California (Reuters) - Occupy Wall Street protesters smashed windows in Seattle, fled police on scooters through the streets of New York and clashed with officers in Oakland on...

  • May Day protests seek to rejuvenate Occupy movement

    By Edith Honan, Reuters

    NEW YORK (Reuters) - Occupy Wall Street will join labor groups for a day of protests on Tuesday to mark International Workers Day and to try to breathe fresh life into the movement that sparked a...