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...

ONGC Board approves 1.75 MMT strategic petroleum reserve project at Mangalore

Jul 10, 2026

State-run Oil and Natural Gas Corporation (ONGC) has approved the development of a 1.75 million metric tonne (MMT) Strategic Petroleum Reserve (SPR) at Mangalore,...

US emergency oil stockpile plunges to lowest level since Reagan era amid West Asia war

Jun 16, 2026

The US Strategic Petroleum Reserve tumbled last week to its lowest level since 1983 as the Trump administration continues to deploy emergency oil to...

Uncertainty looms over Trump's energy agenda amid market and legislative hurdles: UBS Report

Jan 23, 2025

As the U.S President Donald Trump assumed charge his pledged to increase oil production and fill the Strategic Petroleum Reserve (SPR) faces uncertainty, a...

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...

UAE to store up to 30 mn barrels in India's Petroleum Reserve after PM Modi's visit: FS Vikram Misri

May 15, 2026

Foreign Secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to...