Energy in America

Shares tumbled in Asia on Tuesday after a wild day for U.S. markets that resulted in the biggest drop in the Dow Jones industrial average in six and a half years.

BP's profits more than doubled in 2017 to $6.2 billion powered by higher prices and output of oil and gas, allowing the company to resume share buybacks as it recovers from a three-year downturn.

BP says fourth-quarter earnings increased five-fold as it benefited from higher oil prices, increased production and lower costs.

A ship management company says the crew of an oil tanker has regained control of the ship after it was attacked and seized by pirates off Benin's coast.

U.S. indexes slipped in early trading Monday, following global markets lower.

___ Dow plunges 1,175 points in worst day for stocks since 2011 NEW YORK (AP) — The stock market ended a wild day with its biggest drop in six and a half years as the Dow Jones industrial average briefly plunged nearly 1,600 points.

New Jersey's attorney general rejected a proposal for use of state-controlled land for a $1.1 billion natural gas pipeline, slowing the years-long effort by the company to break ground on a project strongly opposed by environmental groups.

Virginia Gov. Ralph Northam is endorsing a major overhaul of electricity regulations that's been sought by utilities, despite warnings from the state's attorney general that customers will end up paying more than they should.

Iran says President Donald Trump's hostility to the 2015 nuclear deal is dampening foreign investment in the energy sector despite the lifting of sanctions.

Asian shares were mostly lower Monday, extending global stock losses after Wall Street's big sell off on deepening investor anxiety over rising bond yields and disappointing quarterly earnings.

Nicos Anastasiades is on the home stretch of his long political career.

An appeal by the nation's largest public utility says a federal judge abused his discretion by ordering a massive coal ash cleanup at a Tennessee power plant.

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.