Learn more about Petroleum Reserves
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July 9, 2026DOE is advancing two important stewardship efforts: cleaning up contamination associated with the historic energy site, Elk Hills Oil Field in California, and returning culturally significant Native American items to Tribal communities.Hydrocarbons and Geothermal Energy Office
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Press ReleasesJune 10, 2026DOE Delivers Historic RFP to Strengthen Global Oil Supply StabilityOffice of Petroleum Reserves
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Press ReleasesMay 11, 2026The U.S. Department of Energy announced contracts have been awarded for 53.3 million barrels of crude oil from the Strategic Petroleum ReservesOffice of Petroleum Reserves
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Press ReleasesApril 30, 2026DOE Delivers Historic Request for Proposal Execution to Secure Global Oil Supply StabilityOffice of Petroleum Reserves
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Press ReleasesApril 17, 2026The U.S. Department of Energy announced contracts have been awarded for 26 million barrels of crude oil from the Strategic Petroleum Reserve’s West Hackberry siteOffice of Petroleum Reserves
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Press ReleasesApril 10, 2026The U.S. Department of Energy announced contracts have been awarded for 8.5-million-barrels of crude oil from the Strategic Petroleum Reserve’s emergency exchange at the Bryan Mound site.Office of Petroleum Reserves
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Press ReleasesApril 9, 2026DOE has issued a Request for Proposal for an additional emergency exchange of up to 30 million barrels of sweet crude oil from the Strategic Petroleum Reserve.Office of Petroleum Reserves
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Press ReleasesApril 1, 2026The U.S. Department of Energy issued a Request for Proposal (RFP) for an additional emergency exchange of up to 10 million barrels of crude oil from the Strategic Petroleum Reserve.Hydrocarbons and Geothermal Energy Office
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March 20, 2026The U.S. Department of Energy announced that contracts have been awarded for the first 45 million barrels of crude oil from the Strategic Petroleum Reserve’s exchange. Oil deliveries commenced today.Hydrocarbons and Geothermal Energy Office
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Press ReleasesMarch 13, 2026DOE issued a Request for Proposal for an exchange of up to 86 million barrels of crude oil from the Strategic Petroleum Reserve, the first tranche of the 172-million-barrel exchange announced as part of the International Energy Agency’s collective release of 400 million barrels of oil.Energy.gov