DOE Awards Contracts to Refill Strategic Petroleum Reserve

DOE Funding Announcements

Published November 12th, 2025

Detected March 5th, 2026

Summary

The U.S. Department of Energy has awarded contracts to begin refilling the Strategic Petroleum Reserve (SPR) by acquiring approximately one million barrels of crude oil. Deliveries are scheduled to begin in December 2025, marking a step in rebuilding the nation's energy security.

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What changed

The U.S. Department of Energy announced on November 12, 2025, that contracts have been awarded for the acquisition of approximately one million barrels of crude oil to begin refilling the Strategic Petroleum Reserve (SPR). This action follows a Request for Proposal issued on October 21, 2025, and is part of a commitment to rebuild the SPR, which was significantly depleted in 2022. Crude oil deliveries are scheduled to commence in December 2025 and conclude by January 2026.

This notice serves as an informational update regarding the DOE's efforts to enhance national energy security. While no direct compliance actions are required for regulated entities based on this announcement, it signifies a strategic shift in energy policy. Companies involved in crude oil supply may have been recipients of these contracts, and the overall market may see increased demand for specific grades of crude oil as the SPR refill progresses.

Source document (simplified)

Energy Department Awards Contracts to Begin Refilling the Strategic Petroleum Reserve

The U.S. Department of Energy announced contracts have been awarded for the acquisition of one million barrels of crude oil for the Strategic Petroleum Reserve.

Energy.gov

November 12, 2025

The U.S. Department of Energy announced contracts have been awarded for the acquisition of one million barrels of crude oil for the Strategic Petroleum Reserve (SPR).

WASHINGTON — The U.S. Department of Energy (DOE) today announced that contracts have been awarded for the acquisition of approximately one million barrels of crude oil for the Strategic Petroleum Reserve (SPR). The contracts awarded on November 12, 2025, are for deliveries beginning in December 2025 through January 2026 to the Bryan Mound site. This announcement follows the Request for Proposal (RFP) that was announced on October 21, 2025.

President Trump promised to refill the SPR and rebuild America’s strategic strength. Currently, the SPR holds just over 400 million barrels out of its capacity of approximately 700 million barrels. The SPR was severely weakened by the previous administration’s reckless 180-million-barrel drawdown in 2022, which incurred nearly $280 million in costs, delayed critical infrastructure maintenance and put unprecedented wear and tear on storage and injection facilities.

“President Trump promised to protect America’s energy security by refilling and managing the Strategic Petroleum Reserve more responsibly,” said U.S. Secretary of Energy Chris Wright. “Awarding these contracts marks another step in the important process of refilling this national security asset. While this process won’t be complete overnight, these actions are an important step in strengthening our energy security and reversing the costly and irresponsible energy policies of the last administration.”

In response to the RFP, DOE received eighteen offers from six companies and awarded contracts to the most competitive bids that met all quality and specification requirements. Crude oil deliveries to the Bryan Mound SPR site are scheduled from December 1, 2025 through January 31, 2026.

For more information on the SPR please visit Infographic: Strategic Petroleum Reserve and Fact Sheet: Strategic Petroleum Reserve.

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Tags:
- Refill the Strategic Petroleum Reserve (SPR)
- Petroleum Reserves
- Funding Opportunities