The U.S. Department of Energy has authorized Exxon Mobil Corp. to receive crude from the Strategic Petroleum Reserve to kickstart the production of fuels while most oil production in the Gulf of Mexico remains shut.
The oil company will be getting 1.5 million barrels of DOE-supplied oil for its Baton Rouge refinery, the DOE said. Similar to a loan, the agency will provide crude oil to Exxon to meet an immediate need and the company will restock the same amount of oil plus premium barrels within two to three months, according to a statement.
"oil" - Google News
September 03, 2021 at 02:09AM
https://ift.tt/3kLyeXz
Exxon to Receive Emergency Oil Supply From Strategic Reserves - Bloomberg
"oil" - Google News
https://ift.tt/2PqPpxF
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "Exxon to Receive Emergency Oil Supply From Strategic Reserves - Bloomberg"
Post a Comment