The U.S. Department of Energy has authorized the release of 1 million barrels from the Strategic Petroleum Reserve to address ...

Chevron Corporation CVX, a Houston, TX-based integrated oil and gas company, has confirmed that the recent start-up of an offshore well led to zinc contamination in the Mars crude oil stream, ...

A refinery in Louisiana will receive crude from the nation’s stockpile to help address offshore oil supply issues.

This issue has prompted the US Government to release barrels from its emergency stockpile to support regional refineries.