US Department of Energy Releases Oil Reserve Sales Results

Source: Reuters 3/17/2014, Location: North America

The U.S. Department of Energy released results from its bid to sell 5 million barrels of oil from the nation's Strategic Petroleum Reserve.

Oil majors Exxon Mobil and Royal Dutch Shell were among the apparently successful bidders, along with independent refiners Phillips 66 and Marathon Petroleum and foreign trading firm Mercuria, documents show.

This is the first test sale from the reserve since 1990.


United States >>  5/18/2022 - Worley announced today that it has been awarded a three-year engineering and procurement (EP) services contract by Shell Offshore Inc. (Shell) to sup...

Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


Gulf Oil and Gas
Copyright 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.