The U.S. Department of Energy has awarded two contracts to add a total of nearly 1 million barrels of domestic crude oil to the Strategic Petroleum Reserve that is at about 50% of capacity. The ...
President Trump has pledged to buy 1 million barrels of oil to refill the SPR to a safe level. With West Texas Intermediate hitting its lowest levels since 2021 recently, the President has picked ...
Discover how steam-assisted gravity drainage (SAGD) revolutionizes heavy oil extraction by making deep oil reserves accessible and economically viable.