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

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

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 ...

India is exploring building three new strategic oil reserves to boost its emergency stockpile and strengthen energy security, ...

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

India is planning to build three new strategic petroleum reserve sites to strengthen its energy security and meet the ...

Secretary of the Interior Doug Burgum discusses the department's plan to fix the permitting system, the slashing of oil ...

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

India is planning to build three more strategic oil storage facilities to boost its energy security. These new reserves, including facilities in Bikaner, Mangalore, and Bina, will add to the ...

The country has hit its lowest levels of Strategic Petroleum Reserves since the 1980s, with a little under 350,000 barrels.

The US Department of Energy announced that crude oil deliveries to the Strategic Petroleum Reserve will not be completed ...

Strategic petroleum reserves (SPRs) are critical to stock up crude oil to ride out shocks. Now, India is planning six more such locations to house oil reserves, and Engineers India Ltd is studying ...