Energy in America

A court in Hanoi has handed a life prison term to a former executive at Vietnam's state oil giant who Germany said was kidnapped from there by Vietnamese agents last year.

Asian shares opened sharply lower on Monday, extending global stock losses after Wall Street's big selloff as investor anxiety grows over rising bond yields and disappointing quarterly earnings.

Secretary of State Rex Tillerson says that the U.S. is still considering restricting the sale of oil from crisis-torn Venezuela.

Rhode Island's attorney general says he is committed to using "all appropriate legal avenues" if the U.S. Interior Department doesn't cancel plans to expand offshore drilling off the state's coastline.

North Carolina Gov. Roy Cooper says he had a good conversation with a top Trump administration official over plans to expand offshore drilling.

Exxon Mobil says in a new report that policies to combat climate change won't have much effect on its business and demand for fossil fuels will remain strong for decades.

The window has opened for oil, gas, uranium and coal companies to make requests or stake claims to lands that were cut from two sprawling Utah national monuments by President Trump in December —but there doesn't appear to be a rush to seize the opportunities.

Stocks fell sharply in early trading Friday, putting the market on track for its worst week in two years, as several large companies sank after reporting weak earnings.

Four environmental groups are suing to overturn a federal petroleum lease sale in northern Alaska.

___ Dow industrials drop 600 points, extending a weeklong slump NEW YORK (AP) — U.S. stocks slumped Friday, pulling the Dow Jones industrial average down more than 650 points and handing the market its worst week in two years.

The Latest on lawsuit's challenging the legality of a December petroleum lease sale in the National Petroleum Reserve-Alaska (all times local): 1 p.m. Four more environmental groups are challenging the legality of petroleum lease sales conducted in northern Alaska by the federal government.

Exxon and Chevron are earning billions and benefiting from the new tax law, but profits are falling short of expectations that were raised by higher oil prices.

The oldest nuclear power plant in the United States will shut down in October, more than a year ahead of schedule.

The number of rigs exploring for oil and natural gas in the U.S. fell by one this week to 946.

Falling production and weakness in its chemical and refining operations slammed the oil giant.

Asian shares were mostly lower Friday as investors evaluated the latest earnings reports while worries about rising U.S. bond yields weighed on sentiment.

U.S. stock indexes wavered between small gains and losses in early trading Thursday after several big companies reported disappointing quarterly results or outlooks.

President Donald Trump says he didn't really care about opening Alaska's Arctic National Wildlife Refuge to oil drilling but pushed the issue for inclusion in the tax bill passed in December at the urging of others.

___ Strong January, strong year?