Yet unlike the American petroleum reserve, which former President Biden tapped during his term to help lower gas prices, ...

Oil storage levels will rise under Trump, but probably at a slower pace than his rhetoric would suggest', analysts at BMI said.

OPEC producers, US oil companies are private and have shareholders to pay, and secondly, the producer’s breakeven prices for ...

Chris Wright, a fracking executive, has been confirmed as U.S. Energy Secretary, succeeding Jennifer Granholm. Wright aims to boost domestic energy production, revitalizing the Strategic Petroleum ...

In his second inaugural address, President Donald Trump declared a national energy emergency and reiterated his intention to ...

The Budget has allocated Rs 5,597 crore to the Petroleum and Natural Gas Ministry for Phase-II of the Indian Strategic Petroleum Reserves Ltd (ISPRL) project, aimed at turning two vast underground ...

The budget proposals also include an allocation of about 1.8 billion rupees for operation and maintenance of the SPRs ...

The budget proposals also include an allocation of about Rs 180 crore for operation and maintenance of the SPRs and about Rs ...

The ISPRL project, managed by Indian Strategic Petroleum Reserve Limited, a wholly-owned subsidiary of the Oil Industry ...

India will provide 55.97 billion rupees ($646.78 million) support for purchase of oil for the country's strategic petroleum ...

The pre-election promise of US President Donald Trump to refill the US Strategic Petroleum Reserve is facing a myriad of ...

Over the past four weeks, crude oil imports averaged 6.5 million bpd. Strategic Petroleum Reserve increased from 393.8 million barrels to 394.3 million barrels as U.S. continued to buy oil for ...