Maryland’s lawsuit to redress the contamination of its waters with a gasoline additive can proceed after a federal judge denied the majority of motions to dismiss. U.S. District Judge Ellen L. Hollander ruled on multiple motions to dismiss on Sept. 4. She ...

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The Eastern Seaboard is being opened to offshore oil and gas exploration for the first time in decades with the Obama administration's approval Friday of sonic cannons that can pinpoint energy deposits deep beneath the ocean floor.

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Companies are taking advantage of new ways to export oil from the U.S. despite government restrictions, and in the process helping the U.S. become an ever bigger exporter of petroleum on the world stage.

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WASHINGTON — Orders to U.S. factories fell in March by the largest amount in seven months, but a key category that signals business investment plans increased. Factory orders dropped 4 percent in March, reflecting a big plunge in the volatile ...

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WASHINGTON — Wholesale businesses in the U.S. reduced their stockpiles in September for the first time in nearly two years, while their sales rose. Inventories at the wholesale level fell 0.1 percent, the Commerce Department said Wednesday. It was the ...

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NEW YORK — Sunoco Inc. says it’s getting out of the refining business. The Philadelphia company, which owns two refineries in Pennsylvania, says refining oil into gasoline and other fuels has yielded disappointing returns. It plans to sell those refineries ...

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NEW YORK — ConocoPhillips, the third-largest U.S. oil company, said Thursday that it will split itself into two separate publicly traded companies and its CEO and Chairman Jim Mulva plans to retire once the transaction is complete. The breakup would ...

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WASHINGTON — Wholesale businesses boosted inventories for the 14th consecutive month but sold fewer cars, pieces of furniture and petroleum products in February, the first decline in 20 months. Sales at the wholesale level slipped 0.8 percent in February, the ...

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WASHINGTON — Businesses at the wholesale level added to their stockpiles in January and their sales jumped by the largest amount in 14 months. But the spike in sales was partially influenced by rising oil prices. Wholesale inventories rose 1.1 ...

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WASHINGTON — U.S. businesses at the wholesale level added to their stockpiles in January and their sales jumped by the largest amount in 14 months. But the spike in sales was partially influenced by rising oil prices. Wholesale inventories rose ...

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