Energy09/22/2026@EnergyDesk
DOE Awards the Biggest Exchange in the SPR's Fifty Years
James Forrestal Building, 1000 Independence Avenue SW, Washington, D.C. 20585, United StatesUS Department of Energy
Starts 05/11/2026CONFIRMED 92% CONFIDENCE135 days agoDOE's award announcement is dated 11 May 2026; the 92.5-million-barrel solicitation it answers was issued on 30 April 2026.^[1]
After soliciting up to 92.5 million barrels from all four storage sites - the largest single exchange in the reserve's history - DOE awarded contracts for 53.3 million on 11 May 2026, at a return premium of about 28 per cent. That is 15.1 million extra barrels owed back to the stockpile.
0.78
Energy09/22/2026@EnergyDesk
Bryan Mound Lends Out Another 10 Million Barrels
US Department of EnergyBryan Mound Strategic Petroleum Reserve, 1900 Bryan Mound Road, Freeport, Brazoria County, TX 77541, United States
Starts 04/01/2026CONFIRMED 88% CONFIDENCE175 days agoDOE's press release announcing the RFP is dated 1 April 2026 and sets the bid deadline at 11:00 a.m. CT on Monday 6 April 2026.^[1]
DOE went back to the market on 1 April 2026 for a third exchange, this one drawn entirely from the Bryan Mound caverns outside Freeport, Texas. Bidders had until the following Monday, and a limited Jones Act waiver let them move the crude on foreign-flagged ships to get it to refiners faster.
0.70
Energy09/22/2026@EnergyDesk
West Hackberry Lends 26 Million Barrels of Sweet Crude
US Department of EnergyWest Hackberry Strategic Petroleum Reserve, Hackberry, Cameron Parish, LA 70645, United States
Starts 04/17/2026CONFIRMED 88% CONFIDENCE159 days agoDOE's award announcement is dated 17 April 2026; the solicitation it answers was issued on 9 April 2026.^[1]
DOE had asked for up to 30 million barrels of sweet crude from West Hackberry on 9 April 2026; eight days later it awarded contracts for 26 million of them, with deliveries starting at once. By then more than 10 million barrels of the wider exchange had already reached the market.
0.68
Energy09/22/2026@EnergyDesk
Trump Orders 172 Million Barrels Out as Hormuz Chokes
US Department of EnergyJames Forrestal Building, 1000 Independence Avenue SW, Washington, D.C. 20585, United States
Starts 03/11/2026CONFIRMED 88% CONFIDENCE196 days agoDOE's press release carries Secretary Wright's statement and is dated 11 March 2026, the day the IEA agreed the collective release.^[1]
Thirty-two IEA member nations agreed on 11 March 2026 to release 400 million barrels between them after Iranian attacks slowed tanker traffic through the Strait of Hormuz. The American share was 172 million barrels, the largest US release ever ordered, and Secretary Wright said it would take about 120 days to deliver.
0.66
Energy09/22/2026@EnergyDesk
Biden Starts the Largest Drawdown in the Reserve's History
US Department of EnergyJames Forrestal Building, 1000 Independence Avenue SW, Washington, D.C. 20585, United States
Starts 03/01/2022CONFIRMED 88% CONFIDENCE4.6 years agoDOE's press release is dated 1 March 2022, the day the President authorised the release; the notice of sale followed on 2 March.^[1]
Four days after Russia invaded Ukraine, Biden ordered crude out of the SPR as the US share of an IEA release of 60 million barrels. It did not stop there: by that summer 180 million barrels had gone, the biggest emergency sale the reserve had ever made, and it left the stockpile at levels not seen since the 1980s.
0.66
Energy09/23/2026@EnergyDesk
Sable Restarts Santa Ynez Pipeline Oil Flow Under DPA Order
Sable Offshore…Las Flores Canyon, Santa Barbara County, California, 93463, United States
Starts 03/14/2026CONFIRMED 85% CONFIDENCE193 days agoStated as accomplished fact, per sableoffshore.com^[1]: "on March 14, 2026, the Company resumed the transportation of hydrocarbons (oil) produced at the Santa Ynez Unit ... through the ... Santa Ynez Pipeline System".
Sable Offshore resumed shipping crude from Las Flores Canyon to Pentland Station through the Santa Ynez Pipeline System on March 14, 2026, complying with a Defense Production Act order issued by Energy Secretary Chris Wright. The company expects first sales by April 1, 2026 at a gross oil rate of 50,000 Bbls/d, which it says would raise domestic crude supply into the California market by about 17%.
0.66
Energy09/22/2026@EnergyDesk
Katrina Empties 11 Million Barrels From the Reserve
US Department of EnergyBryan Mound Strategic Petroleum Reserve, 1900 Bryan Mound Road, Freeport, Brazoria County, TX 77541, United States
Starts 09/02/2005CONFIRMED 88% CONFIDENCE21.1 years agoDOE dates the President's Finding of a Severe Energy^[2][3] Supply Interruption to 2 September 2005; the White House fact sheet announcing the 30-million-barrel release is dated the next day.
Hurricane Katrina shut in about half of US domestic oil production and knocked out refineries and import terminals, so on 2 September 2005 President Bush found a severe energy supply interruption and ordered a sale. DOE offered 30 million barrels and sold 11 million; the first oil left Bryan Mound on 26 September.
0.66
Energy09/22/2026@EnergyDesk
Desert Storm Triggers the SPR's First Emergency Drawdown
James Forrestal Building, 1000 Independence Avenue SW, Washington, D.C. 20585, United StatesUS Department of Energy
01/16/1991 - 04/03/1991CONFIRMED 87% CONFIDENCE35.7 years agoDOE dates the authorisation to Bush's address of 16 January 1991 and the last of the 17.3 million barrels to 3 April 1991; the pin's exclusive end is the following midnight UTC.^[1]
Hours after announcing allied air attacks on Iraq, President Bush ordered the first emergency sale in the reserve's history. The Energy Department released its sales notice on 17 January 1991 and eventually sold 17.3 million barrels to 13 companies, half of what it offered: bids for sour crude came in too low to accept.
0.63
Energy09/23/2026@EnergyDesk
Sable Offshore Reports Q2 2026 Results, Its First Full Quarter of Oil Sales
845, Texas Avenue, Downtown, Houston, Harris County, Texas, 77002, United StatesSable Offshore…
Starts 08/10/2026 9:23PMCONFIRMED 84% CONFIDENCE44 days agoStated as done: the release, datelined "Houston, August 10, 2026", says Sable "today announced its second quarter 2026 financial and operational results"; timed to the Item 2.02 8-K carrying it, accepted by EDGAR at 21:23 UTC.^[1]
Sable Offshore reported $137.1 million of revenue and $9.4 million of operating cash flow for the second quarter of 2026, its first full quarter of sales since the Santa Ynez Unit restart, and ended June selling about 40,000 net barrels of oil a day.
0.63
Energy09/23/2026@EnergyDesk
Babcock & Wilcox Sells Allen-Sherman-Hoff to Andritz for $29 Million
1200, East Market Street, East End, Goodyear Heights, Akron, Summit County, Ohio, 44305, United StatesBabcock & Wilcox…
Starts 10/31/2025CONFIRMED 90% CONFIDENCE327 days agoStated as done, per B&W's 8-K: "On October 31, 2025, ... [the Sellers] completed the sale to Andritz^[3] AG"; B&W's release of 4 November says it "has sold its Allen-Sherman-Hoff (A-S-H) business".
B&W sold its Allen-Sherman-Hoff ash-handling business to a subsidiary of Austria's Andritz for $29 million, a step to finish paying down its debt and focus on power generation, including plants for AI data centres. B&W keeps selling A-S-H and Diamond Power products to utilities as Andritz's sales representative.
0.62
Energy09/23/2026@EnergyDesk
B&W Gets Go-Ahead to Supply SolveBright Carbon Capture to a US Power Plant
1200, East Market Street, East End, Goodyear Heights, Akron, Summit County, Ohio, 44305, United StatesBabcock & Wilcox…
Starts 12/08/2025 11:30AMCONFIRMED 82% CONFIDENCE289 days agoStated as done, per B&W's release "(AKRON, Ohio – December 8, 2025)": "announced today that it has received limited notice to proceed"; the Business Wire copy on Yahoo Finance is timestamped 2025-12-08T11:30:00Z (6:30 a.m. ET).^[1]
Babcock & Wilcox received a limited notice to proceed on engineering and long-lead purchasing for a SolveBright CO2-capture system at an unnamed existing US power plant, sized to capture more than 550,000 tons a year. The full contract, expected by March 2026, is worth an estimated $80 million; the plant is not named, so the pin sits at B&W's Akron headquarters.
$80M
0.62

DOE's press release announcing the RFP is dated 13 March 2026 and gives the bid deadline of 5:00 p.m. CT on 17 March 2026.^[1]

Start: Mar 13, 202690% CONFIDENCEfrom the source

DOE Puts 86 Million Barrels Up for Exchange at Once

The first tranche of the 172-million-barrel release went out as a request for proposals on 13 March 2026, covering 86 million barrels from Bryan Mound, West Hackberry and Bayou Choctaw. Bids were due the following Tuesday, and the borrowers must hand the oil back with extra barrels on top.

The RFP covered 86 million barrels, the first tranche of the 172-million-barrel exchange, from Bryan Mound, West Hackberry and Bayou Choctaw^[1]
Bids were due by 5:00 p.m. Central Time on Tuesday 17 March 2026, and early deliveries were expected to reach the market by the end of the following week^[1]
Companies return the borrowed oil with additional barrels as a premium, so the reserve grows at no cost to taxpayers^[1]
That first phase awarded about 45.2 million barrels across the three sites^[2]

@EnergyDesk

References 392% CONFIDENCE

The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.

[1]90%
energy.gov/articles/energy-department-initiates-strategic-petroleum-reserve-emergency-exchange-stabilize
energy.gov· Posted Sep 22, 2026· Starts Mar 13, 2026 ✓· 33% of score
DOE's press release announcing the RFP is dated 13 March 2026 and gives the bid deadline of 5:00 p.m. CT on 17 March 2026.
[2]90%
Energy Department Initiates Additional Strategic Petroleum Reserve Emergency Exchange to Stabilize Global Oil Supply
energy.gov· Added Sep 22, 2026· 33% of score
DOE's next solicitation, which reports how much the first phase actually awarded (45.2 million barrels).^[1]
[3]95%
United States to Release 172 Million Barrels of Oil From the Strategic Petroleum Reserve
energy.gov· Added Sep 22, 2026· 33% of score
The authorisation this solicitation executes.^[1]

Suggest a correction

Something missing or wrong? Say it in your own words: a link that backs this pin up, a different start or end date and why, or a fact it lacks or gets wrong. The AI checks it against this pin's sources, searches for better ones, and adds any page that backs you up. The pin's own sources still count most.

Comments

Thread

Respond to this Pin

Energy09/22/2026@EnergyDesk
DOE Awards the Biggest Exchange in the SPR's Fifty Years
James Forrestal Building, 1000 Independence Avenue SW, Washington, D.C. 20585, United StatesUS Department of Energy
Starts 05/11/2026CONFIRMED 92% CONFIDENCE135 days agoDOE's award announcement is dated 11 May 2026; the 92.5-million-barrel solicitation it answers was issued on 30 April 2026.^[1]
After soliciting up to 92.5 million barrels from all four storage sites - the largest single exchange in the reserve's history - DOE awarded contracts for 53.3 million on 11 May 2026, at a return premium of about 28 per cent. That is 15.1 million extra barrels owed back to the stockpile.
0.78
Energy09/22/2026@EnergyDesk
Bryan Mound Lends Out Another 10 Million Barrels
US Department of EnergyBryan Mound Strategic Petroleum Reserve, 1900 Bryan Mound Road, Freeport, Brazoria County, TX 77541, United States
Starts 04/01/2026CONFIRMED 88% CONFIDENCE175 days agoDOE's press release announcing the RFP is dated 1 April 2026 and sets the bid deadline at 11:00 a.m. CT on Monday 6 April 2026.^[1]
DOE went back to the market on 1 April 2026 for a third exchange, this one drawn entirely from the Bryan Mound caverns outside Freeport, Texas. Bidders had until the following Monday, and a limited Jones Act waiver let them move the crude on foreign-flagged ships to get it to refiners faster.
0.70
Energy09/22/2026@EnergyDesk
West Hackberry Lends 26 Million Barrels of Sweet Crude
US Department of EnergyWest Hackberry Strategic Petroleum Reserve, Hackberry, Cameron Parish, LA 70645, United States
Starts 04/17/2026CONFIRMED 88% CONFIDENCE159 days agoDOE's award announcement is dated 17 April 2026; the solicitation it answers was issued on 9 April 2026.^[1]
DOE had asked for up to 30 million barrels of sweet crude from West Hackberry on 9 April 2026; eight days later it awarded contracts for 26 million of them, with deliveries starting at once. By then more than 10 million barrels of the wider exchange had already reached the market.
0.68
Energy09/22/2026@EnergyDesk
Trump Orders 172 Million Barrels Out as Hormuz Chokes
US Department of EnergyJames Forrestal Building, 1000 Independence Avenue SW, Washington, D.C. 20585, United States
Starts 03/11/2026CONFIRMED 88% CONFIDENCE196 days agoDOE's press release carries Secretary Wright's statement and is dated 11 March 2026, the day the IEA agreed the collective release.^[1]
Thirty-two IEA member nations agreed on 11 March 2026 to release 400 million barrels between them after Iranian attacks slowed tanker traffic through the Strait of Hormuz. The American share was 172 million barrels, the largest US release ever ordered, and Secretary Wright said it would take about 120 days to deliver.
0.66
Energy09/22/2026@EnergyDesk
Biden Starts the Largest Drawdown in the Reserve's History
US Department of EnergyJames Forrestal Building, 1000 Independence Avenue SW, Washington, D.C. 20585, United States
Starts 03/01/2022CONFIRMED 88% CONFIDENCE4.6 years agoDOE's press release is dated 1 March 2022, the day the President authorised the release; the notice of sale followed on 2 March.^[1]
Four days after Russia invaded Ukraine, Biden ordered crude out of the SPR as the US share of an IEA release of 60 million barrels. It did not stop there: by that summer 180 million barrels had gone, the biggest emergency sale the reserve had ever made, and it left the stockpile at levels not seen since the 1980s.
0.66
Energy09/23/2026@EnergyDesk
Sable Restarts Santa Ynez Pipeline Oil Flow Under DPA Order
Sable Offshore…Las Flores Canyon, Santa Barbara County, California, 93463, United States
Starts 03/14/2026CONFIRMED 85% CONFIDENCE193 days agoStated as accomplished fact, per sableoffshore.com^[1]: "on March 14, 2026, the Company resumed the transportation of hydrocarbons (oil) produced at the Santa Ynez Unit ... through the ... Santa Ynez Pipeline System".
Sable Offshore resumed shipping crude from Las Flores Canyon to Pentland Station through the Santa Ynez Pipeline System on March 14, 2026, complying with a Defense Production Act order issued by Energy Secretary Chris Wright. The company expects first sales by April 1, 2026 at a gross oil rate of 50,000 Bbls/d, which it says would raise domestic crude supply into the California market by about 17%.
0.66
Energy09/22/2026@EnergyDesk
Katrina Empties 11 Million Barrels From the Reserve
US Department of EnergyBryan Mound Strategic Petroleum Reserve, 1900 Bryan Mound Road, Freeport, Brazoria County, TX 77541, United States
Starts 09/02/2005CONFIRMED 88% CONFIDENCE21.1 years agoDOE dates the President's Finding of a Severe Energy^[2][3] Supply Interruption to 2 September 2005; the White House fact sheet announcing the 30-million-barrel release is dated the next day.
Hurricane Katrina shut in about half of US domestic oil production and knocked out refineries and import terminals, so on 2 September 2005 President Bush found a severe energy supply interruption and ordered a sale. DOE offered 30 million barrels and sold 11 million; the first oil left Bryan Mound on 26 September.
0.66
Energy09/22/2026@EnergyDesk
Desert Storm Triggers the SPR's First Emergency Drawdown
James Forrestal Building, 1000 Independence Avenue SW, Washington, D.C. 20585, United StatesUS Department of Energy
01/16/1991 - 04/03/1991CONFIRMED 87% CONFIDENCE35.7 years agoDOE dates the authorisation to Bush's address of 16 January 1991 and the last of the 17.3 million barrels to 3 April 1991; the pin's exclusive end is the following midnight UTC.^[1]
Hours after announcing allied air attacks on Iraq, President Bush ordered the first emergency sale in the reserve's history. The Energy Department released its sales notice on 17 January 1991 and eventually sold 17.3 million barrels to 13 companies, half of what it offered: bids for sour crude came in too low to accept.
0.63
Energy09/23/2026@EnergyDesk
Sable Offshore Reports Q2 2026 Results, Its First Full Quarter of Oil Sales
845, Texas Avenue, Downtown, Houston, Harris County, Texas, 77002, United StatesSable Offshore…
Starts 08/10/2026 9:23PMCONFIRMED 84% CONFIDENCE44 days agoStated as done: the release, datelined "Houston, August 10, 2026", says Sable "today announced its second quarter 2026 financial and operational results"; timed to the Item 2.02 8-K carrying it, accepted by EDGAR at 21:23 UTC.^[1]
Sable Offshore reported $137.1 million of revenue and $9.4 million of operating cash flow for the second quarter of 2026, its first full quarter of sales since the Santa Ynez Unit restart, and ended June selling about 40,000 net barrels of oil a day.
0.63
Energy09/23/2026@EnergyDesk
Babcock & Wilcox Sells Allen-Sherman-Hoff to Andritz for $29 Million
1200, East Market Street, East End, Goodyear Heights, Akron, Summit County, Ohio, 44305, United StatesBabcock & Wilcox…
Starts 10/31/2025CONFIRMED 90% CONFIDENCE327 days agoStated as done, per B&W's 8-K: "On October 31, 2025, ... [the Sellers] completed the sale to Andritz^[3] AG"; B&W's release of 4 November says it "has sold its Allen-Sherman-Hoff (A-S-H) business".
B&W sold its Allen-Sherman-Hoff ash-handling business to a subsidiary of Austria's Andritz for $29 million, a step to finish paying down its debt and focus on power generation, including plants for AI data centres. B&W keeps selling A-S-H and Diamond Power products to utilities as Andritz's sales representative.
0.62
Energy09/23/2026@EnergyDesk
B&W Gets Go-Ahead to Supply SolveBright Carbon Capture to a US Power Plant
1200, East Market Street, East End, Goodyear Heights, Akron, Summit County, Ohio, 44305, United StatesBabcock & Wilcox…
Starts 12/08/2025 11:30AMCONFIRMED 82% CONFIDENCE289 days agoStated as done, per B&W's release "(AKRON, Ohio – December 8, 2025)": "announced today that it has received limited notice to proceed"; the Business Wire copy on Yahoo Finance is timestamped 2025-12-08T11:30:00Z (6:30 a.m. ET).^[1]
Babcock & Wilcox received a limited notice to proceed on engineering and long-lead purchasing for a SolveBright CO2-capture system at an unnamed existing US power plant, sized to capture more than 550,000 tons a year. The full contract, expected by March 2026, is worth an estimated $80 million; the plant is not named, so the pin sits at B&W's Akron headquarters.
$80M
0.62

More like this

References 392% CONFIDENCE

Suggest a correction

Comments

Thread

More like this