POLICY

Fuel security deal signed for Oz

ENERGY and emissions reduction minister Angus Taylor has confirmed Australia has signed its fuel security deal with the US, giving it access to the Strategic Petroleum Reserve stored along the Gulf Coast during what Taylor calls “a global emergency”.

 Access to US SPR confirmed

Access to US SPR confirmed

  Australia will be able to lease space in the giant caverns the US uses to store up to 700 million barrels of oil after the deal struck with his counterpart new energy secretary Dan Brouillette.  ...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry