Us Department Of Energy

Energy, Oil & Gas

US Energy Department launches $300,000 geothermal mapping prize

Sun, 13 Sep 2026

The US Department of Energy’s Office of Geothermal has launched the $300,000 Geologic Enhanced Mapping System (GEMS) Prize to help identify hidden geothermal resources.

Energy, Oil & Gas

US launches $17.5bn nuclear loan programme

Wed, 24 Jun 2026

The US Department of Energy (DOE) has announced up to $17.5 billion in conditional loans to help utilities and energy companies secure critical components for new nuclear power plants, aiming to strengthen the domestic nuclear supply chain and accelerate reactor construction.

Energy, Oil & Gas

US loans 8.5 million barrels of SPR oil in second batch since Iran war

Sun, 12 Apr 2026

The US Department of Energy said it had loaned 8.48 million ‌barrels of crude oil from the Strategic Petroleum Reserve to four oil companies, the second allotment under the Trump administration's effort to curb fuel prices that have surged during the US-Israeli war on Iran.