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...

  • Want a Guaranteed Job? Study This

    By KRISTEN HAYS, Reuters

    While Wall Street slashes the kind of banking and trading positions that were once the most coveted for top graduates, energy firms can't hire fast enough for the technical jobs that have been all...

  • Obama to Nix Keystone XL Oil Pipeline

    By Jeff Mason, Reuters

    The Obama administration was poised on Wednesday to reject the Keystone crude oil pipeline, according to sources, a decision that would be welcomed by environmental groups but inflame the domestic...

  • Industry’s New Target: Wealthy, Tree-Hugging Drivers

    By Julie Halpert, The Fiscal Times

    Wealthy drivers want speed, performance and splendor, features that were unavailable in the eco car market…until now.

  • Iran Warns Gulf Neighbors on Oil

    By RAMIN MOSTAFAVI, Reuters

    Iran's Gulf Arab neighbors should not raise their production to replace Iranian oil if the European Union goes ahead with a ban on Iranian crude imports, Iran's OPEC governor said on Sunday.

  • Global Clean Energy $260B in '11

    By JEFF COELHO, Reuters

    Global investment in clean energy hit a record $260 billion in 2011, up 5 percent from the previous year as investment in solar grew by more than a third despite shrinking profit margins, some...