A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo WASHINGTON, Sept 9 (Reuters) – The U.S. Energy Department said on Thursday it has approved a second loan of 1.5 million barrels of oil to Exxon Mobil Corp (XOM.N) from the Strategic Petroleum Reserve (SPR) after damage from Hurricane Ida devastated offshore oil production. “The SPR’s ability to conduct exchanges is a critical tool available to refiners to strengthen the fuel supply chain and mitigate disruptions following emergencies, like Hurricane Ida,” the department said on its website after authorizing the additional loan to Exxon’s Baton Rouge refinery. Exxon is transporting the oil to the 520,000 barrels per day refinery, “which will help us completely restore normal operations and continue providing fuel to the impacted area,” said Julie King, a company […]

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