Energy in America

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Asian and European shares rose Monday after last week's upbeat U.S. jobs report, despite the impasse between Beijing and Washington over trade.

The state-owned Qatar Petroleum has signed an agreement to acquire a 30 percent stake in two Exxon Mobil affiliates in Argentina.

___ US unemployment falls nearly to 1969 levels; hiring is solid WASHINGTON (AP) — Another month of strong hiring has driven U.S. unemployment down to 3.8 percent — just a tick away from the level last seen in 1969, when Detroit still dominated the auto industry and the Vietnam War was raging.

Fiat Chrysler CEO Sergio Marchionne is outlining his business plan for the automaker's next five years in his last big presentation to investors before retiring next year.

The S&P 500 was on pace to erase its losses from earlier in the week, and interest rates climbed after a report on Friday showed that the strengthening U.S. job market remains on course.

The White House is said to be considering a measure that could extend the lifespans of coal and nuclear plants at risk of shuttering.

The owner of the nation's oldest nuclear power plant says it will cost $1.4 billion and take 60 years to shut down a site due to close in October.

President of Brazilian state oil company Petrobras resigns after truckers' strike demanding cuts to diesel prices .

Asian shares gave up modest early gains to drift lower on Friday after U.S. stocks skidded amid mounting trade tensions.

U.S. stocks are mostly lower Thursday morning following big swings over the last two days.

___ Trump tariffs on US allies draw retaliation threats WASHINGTON (AP) — The Trump administration's announcement that it will impose tariffs on steel and aluminum imports from Europe, Mexico and Canada has drawn swift vows of retaliation from key allies, inflamed trade tensions and sent stock markets sinking.

Republican lawmakers from Western states and industry executives on Thursday accused Washington state officials of unfairly blocking fossil fuel projects and dictating winners and losers among U.S. companies seeking to export products to Asia.

The director of Puerto Rico's power company tells The Associated Press that it could take another two months to fully restore power on the island as crews work to strengthen the electrical grid amid a new hurricane season.

U.S. stocks are climbing Wednesday morning, recovering some of the ground they lost the day before, as investors hope Italy might be able to avoid a new round of elections.

The president of a Texas-based wind energy trade group has been subpoenaed to appear before an Oklahoma grand jury looking into a state lawmaker's claim that someone connected to the industry put a tracking device on his pickup.