Energy in America

The decision is a blow to TransCanada.

Mountain Valley Pipeline developers have submitted a request to extend the natural gas pipeline project into North Carolina.

Iran's oil minister predicts a painful time for international oil customers as U.S. sanctions take hold, saying waivers Washington granted to eight major oil-importing countries are not enough for market demands.

The foreign ministers of China and Australia are meeting in Beijing in a sign of a thaw in the recently frosty relationship between the key economic partners.

Wall Street is set to open higher Wednesday after the U.S. midterm elections showed the Democrats winning control of the House of Representatives and the Republicans keeping a majority in the Senate.

___ Tech and health care lead US stock surge after midterms NEW YORK (AP) — Stocks rallied Wednesday as investors were relieved to see that the U.S. midterm elections went largely as they expected they would.

The latest on developments in financial markets (all times local): 1:45 a.m.

The outcome of the midterm elections was good for the stock market in general, mostly because it didn't produce any big surprises, but it was especially good for the health care industry and several other companies.

Asian shares were mixed Wednesday as the Democratic Party appeared on track to take back control of the U.S. House of Representatives, potentially putting a check on President Donald Trump.

Germany luxury automaker BMW says net profit fell 24 percent in the third quarter as the company faced market disruptions caused by other companies failing to get vehicles certified for new European Union emissions tests.

The Australian government has warned it intends to block a Hong Kong and Chinese consortium's 13 billion Australian dollar ($9 billion) takeover bid for an energy infrastructure company because it conflicts with Australia's national interest.

U.S. stocks are rising Tuesday morning as technology stocks recover some of the big losses they took over the last month.

The latest on developments in financial markets (all times local): 9:35 a.m.

South Korea's presidential spokesman says the U.S. has demonstrated the strength of the two countries' alliance by allowing South Korea to continue importing Iranian crude oil products under reinstated sanctions against Iran.

Crude oil prices briefly dipped into a bear market after President Donald Trump carved out some countries from U.S.-imposed sanctions on Iran.

U.S. oil output continues to climb.

The Latest on the situation in Iran after the re-imposition of all American sanctions on the country (all times local): 10:50 a.m.

Share prices were mostly higher Tuesday in Asia as investors awaited the outcome of the U.S. midterm elections.

Japan, South Korea and other major oil importers welcomed Tuesday the decision by the Trump administration to let them continue to import Iranian crude oil and other petroleum products despite the re-imposition of sanctions on Tehran.