The Department of Energy announced today the release of the Long-Term Strategic Review of the Strategic Petroleum Reserve (SPR). The congressionally-mandated study provides an overview of the SPR and addresses key challenges that will impact the Reser...
The U. S. Department of Energy announced the award of contracts for delivery of crude oil to the Strategic Petroleum Reserve. BP Products North America, Inc., will deliver 2,197,500 barrels and Noble Americas will deliver 2,000,000 barrels to the Reser...
Today, the Energy Department finalized the sale of the historic Teapot Dome Oilfield located 35 miles north of Casper, Wyoming to Stranded Oil Resources Corporation, a subsidiary of Allegheny Capital Corporation.
The U.S. Department of Energy announced that Fluor Federal Petroleum Operations, LLC, has been awarded a management and operating contract valued at $1.46 billion to run DOE’s Strategic Petroleum Reserve (SPR) for a period of five years, after which ...
On June 23, 2011, the International Energy Agency (IEA) announced that its 28 member countries would release 60 million barrels of crude oil and refined products into the global market.
U.S. Energy Secretary Steven Chu announced today that the U.S. and its partners in the International Energy Agency have decided to release a total of 60 million barrels of oil onto the world market over the next 30 days to offset the disruption in the ...
The current inventory of the Northeast Home Heating Oil Reserve will be converted to cleaner burning ultra low sulfur distillate to comply with new, more stringent fuel standards by some Northeastern states, the U.S. Department of Energy said today.
An exceptional waste management project at a Texas Strategic Petroleum Reserve site following Hurricane Ike in 2008 has won a DOE Environmental Sustainability (EStar) Award for Waste/Pollution Prevention.
The Department of Energy's Office of Fossil Energy announced today that the Strategic Petroleum Reserve has received the Most Valuable Pollution Prevention Project (MVP2) award from the National Pollution Prevention Roundtable for lowering potential gr...
DOE has awarded contracts to purchase 10,683,000 barrels of crude oil at a cost of $553 million for the Department's Strategic Petroleum Reserve. Deliveries of the oil will be made from February to April 2009.