In a brief statement to the media, Consumers Director of Media Relations Katie Carey described the order as a 90-day pause, ...

New Delhi: India plans to take advantage of a drop in global crude oil prices to refill its strategic petroleum reserves (SPR), two people aware of the matter told Mint. The move comes amid ...

Being import-dependent, both countries are vulnerable in times of conflict and must focus on building strategic reserves ...

Operational since May 2025, the SANPC will function as a vertically integrated company, encompassing upstream exploration and ...

Crude oil stocks, not including the SPR, stood at 443.2 million barrels on May 16, the EIA's latest weekly petroleum status ...

U.S. crude oil inventories rose by 1.3 million barrels last week, while stocks of gasoline and diesel increased amid higher ...

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How the Department of Energy is going to handle the Strategic Petroleum Reserve’s restocking requirements, which are equivalent to 40 days of oil consumption, should be part of the inputs to the price ...

Mineral and Petroleum Resources Minister Gwede Mantashe has emphasised the importance of good governance in unlocking South ...

Udupi: A mock drill simulating a bomb attack by drone was conducted at the Indian Strategic Petroleum Reserves Limited (ISPRL) in Padur. The drill included a simulated fire both inside and outside ...

The U.S. Department of Energy (DOE) announced the first step in the Energy Department’s largest deregulatory effort in ...