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...

  • Philippines, U.S. stage war games in face of China warning

    Philippines, U.S. stage war games in face of China warning

    By Manuel Mogato, Reuters

    ULUGAN BAY, Philippines (Reuters) - U.S. and Philippine commandos waded ashore on Wednesday in a mock assault to retake a small island in energy-rich waters disputed with China, part of a drill...

  • Apple price targets hiked as iPhone sales soar

    Apple price targets hiked as iPhone sales soar

    By Reuters

    (Reuters) - Wall Street extended its love affair with Apple Inc as strong iPhone sales allayed concerns it was losing market share in the cut-throat smartphone market, with analysts again rushing to...

  • U.S. charges ex-BP engineer obstructed spill probe

    U.S. charges ex-BP engineer obstructed spill probe

    By Kristen Hays and Bruce Nichols, Reuters

    HOUSTON (Reuters) - A former BP Plc engineer was arrested and charged on Tuesday with intentionally destroying evidence related to how much oil was spilling from the company's broken well in the Gulf...

  • Apple infringes on Motorola Mobility patent: ITC judge

    Apple infringes on Motorola Mobility patent: ITC judge

    By Reuters

    WASHINGTON (Reuters) - Apple Inc infringed on a Motorola Mobility Holdings Inc patent in making its popular iPhones, iPads and other products, a judge for the International Trade Commission ruled on...

  • Putin steps down as United Russia party chief

    Putin steps down as United Russia party chief

    By Gleb Bryanski, Reuters

    MOSCOW (Reuters) - President-elect Vladimir Putin tried to distance himself from the fraud-tainted ruling United Russia party on Tuesday, announcing he was stepping down as its chairman and calling...