The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...

The Trump administration hasn't acted "immediately" to refill the reserve, as Trump said he would. But a fast refill is being prevented by maintenance concerns, and funding for both repairs and new ...

U.S. President Donald Trump's signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his ...

WASHINGTON - The Department of Energy on Friday said it is providing ExxonMobil with up to 1 million barrels of crude oil from the federal government's Strategic Petroleum Reserve to offset a supply ...

The Strategic Petroleum Reserve, which stores U.S. oil in case of emergencies, could see a refill under President Trump, ...

Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits ...

Energy Secretary Chris Wright authorized the exchange "to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast," the department said. It added that ...

The Trump administration has no imminent plans for refilling the nation's Strategic Petroleum Reserve, White House ...

What is the Strategic Petroleum Reserve? Tapping the reserve is among the few things a president can do alone to try to control inflation, which makes Americans poorer and often creates a ...

The US Strategic Petroleum Reserve's planned crude oil deliveries are delayed by seven months until December 2025 due to site ...

The new strategic oil reserves in Bikaner, Mangalore and Bina will boost emergency stockpiles, enhance energy security and ...

India plans to build three new oil reserves to increase its emergency stockpile in order to strengthen the country's energy ...