US encourages India to participate in country's strategic petroleum reserve

Apr 01, 2022

Washington [US], April 1 : The United States has been in touch with several countries including India on the release of strategic reserves as...

US looking to store several hundred million barrels of oil in strategic reserve: Treasury Secretary

Apr 30, 2020

Washington [US], April 30 (Sputnik/ANI): US Treasury Secretary Steven Mnuchin said during remarks at White House that the United States is looking into storing...

Biden authorizes release of 1 mn barrels of oil per day from US strategic reserve for six months

Apr 01, 2022

Washington [US], April 1 : In order to keep oil prices under control, US President Joe Biden on Thursday (local time) announced to release...

US announces first sale of 18mn barrels from strategic oil reserve to reduce prices

Dec 11, 2021

Washington [US], December 11 (ANI/Sputnik): The Energy Department announced the first sale of 18 million barrels of oil from the US Strategic Petroleum Reserve...

Biden to release 15 million barrels from oil reserve, more possible

Oct 19, 2022

Washington [US], October 19 : President Joe Biden will announce the release of 15 million barrels of oil from the US strategic reserve on...

India and Saudi Arabia sign agreement on cooperation in Energy Sector

Sep 11, 2023

The MoU between India and Saudi Arabia will cooperate in the Renewable Energy, Energy Efficiency, Hydrogen, Electricity and Grid Interconnection between the two countries, Petroleum,...