American Petroleum Institute (API) Company News

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API Board Endorses Carbon Fee with Conditions
The American Petroleum Institute board has voted to endorse putting a tax or other price on carbon dioxide emissions.
8:00 PM EST | March 24, 2021
Total Drops API Membership
Total reported Friday that it has decided not to renew its membership in the American Petroleum Institute (API) for 2021.
7:00 PM EST | January 14, 2021
Onshore US Operators to Report Flaring Data
A coalition of US oil and gas companies has launched a new program under which they will report data to gauge annual progress in reducing flaring in their upstream operations.
7:00 PM EST | December 16, 2020
Foes of $3.8B Pipeline Seek Payback If Biden Wins
A Biden administration could make an example of an oil pipeline project that has been in the crosshairs of climate activists, celebrities and Native Americans.
8:00 PM EST | October 29, 2020
Will Bigger Be Better for Oil and Gas Players?
Check out Rigzone's review of oil and gas market hits and misses for the week ending Oct. 30, 2020.
8:00 PM EST | October 29, 2020
Signs Show Possible Onshore Uptick for 2021
Rigzone panelists offer their insights on the top oil market hits and misses for the week ending Sept. 25, 2020.
8:00 PM EST | September 24, 2020
Poll Shows Broad Support for Domestic Energy
API revealed that two-thirds of voters in key battleground and other states would prefer candidates who support access to US-produced oil and gas.
8:00 PM EST | August 18, 2020
Biden VP Pick Has Record of Fighting Oil Industry
As California attorney general, Harris filed lawsuits against Phillips 66, ConocoPhillips and others.
8:00 PM EST | August 11, 2020
46.3B Barrels of Oil in Wolfcamp-Bone Spring
New federal study estimates undiscovered, technically recoverable resources in Wolfcamp shale and Bone Spring Formation in Permian's Delaware Basin.
7:00 PM EST | December 05, 2018
API: US Producers, Refiners Made History Last Month
Domestic crude oil, NGL production hit unprecedented levels in June 2018, according to API.
8:00 PM EST | July 18, 2018
Big Oil Eyes US Minority Groups To Build Offshore Drilling Support
API is seeking to convince Hispanic and black communities to support the Trump administration's proposed expansion of offshore drilling.
8:00 PM EST | June 21, 2018
API's Jack Gerard to Step Down
After serving for 10 years as president and CEO of the API, Jack Gerard is calling it quits.
7:00 PM EST | January 16, 2018
API Panel Member: Voluntary Methane Program Forthcoming
Shell exec who sits on API panel discusses voluntary program.
8:00 PM EST | October 05, 2017
API: Obama Catering to Activists with Oil Tax Proposal
Oil and gas trade association criticizes recent White House proposal, says new tax on oil would be a "head in the sand" movement.
7:00 PM EST | February 07, 2016
Industry Groups Say Proposed Flaring Rules are Costly, Unnecessary
Industry groups say they support reducing methane emissions, but see BLM's proposed update of gas flaring rules on federal lands as duplicative and unjustified.
7:00 PM EST | January 21, 2016
API: Science, Real-World Results Should Guide Obama Policy Choices in 2016
President Obama should look to science and real-world proven results, not ideology, to shape his energy policy choices during his last year in office.
7:00 PM EST | January 11, 2016
API: US Energy Renaissance Key For Stability amid Middle East Unrest
American Petroleum Institute CEO Jack Gerard says the United States' model for energy provides security, jobs and cleaner air in "2016 State of American Energy" address.
7:00 PM EST | January 04, 2016
API, ANGA Combine Forces
Following approval of both boards of directors, the American Petroleum Institute and America's Natural Gas Alliance announced the two organizations will combine into a single trade association.
7:00 PM EST | November 17, 2015
Industry Groups, Senator Applaud Approval of US-Mexico Oil Exchanges
Energy industry groups and US Senator Lisa Murkowsi applaud the US Commerce Department's plan to approve crude exchanges between the US and Mexico.
8:00 PM EST | August 13, 2015
Oil, Gas Industry Sounds Off on BSEE Proposed Well Control Rule
Oil and gas organizations express concerns with a proposed rule by the Bureau of Safety and Environmental Enforcement regarding BOPs and well control.
8:00 PM EST | July 16, 2015
API: Pension Funds' Oil, Gas Returns Dwarf Other Assets
Oil and gas pension investments yield double those of investments in other assets, and most oil and gas shares held by middle class Americans planning for retirement, according to API report.
8:00 PM EST | April 27, 2015
API Reviews Proposed Arctic Offshore Regulations
The Arctic is an essential piece of the energy equation and vital to keeping America's status as a world leader in energy, API Director of Upstream Erik Milito says.
7:00 PM EST | February 19, 2015
API's Gerard to President Obama: Follow Facts and Science, Not Politics
API's Jack Gerard discusses the state of the energy industry, and the upcoming State of the Union address.
7:00 PM EST | January 14, 2015
Gerard: Right Energy Policy Needed to Sustain Growth in Energy
API's Jack Gerard outlines the State of American Energy for 2015, highlighting the potential for long-term oil and gas job creation despite lower oil prices.
7:00 PM EST | January 05, 2015
Study Finds Methane Emissions Lower than Previous Studies
The level of methane emissions generated by hydraulic fracturing and shale gas production in the United States have declined, according to a recent study.
7:00 PM EST | December 08, 2014
Studies Highlight Job, Economic Potential of Expanding US Offshore Leasing
Opening additional areas of the US Outer Continental Shelf could create over 800,000 jobs and generate significant government revenues, according to studies by API and NOIA.
7:00 PM EST | November 18, 2014
API Study: Getting More Women into Oil, Gas Careers
As the need for new oil and gas workers grows, new opportunities are becoming available for women and non-whites with an education in technical fields.
7:00 PM EST | November 06, 2014
Oil, Rail Industries Want 7 Years To Fix Tank Cars
The oil and railroad industries are urging US regulators to allow them as long as 7 years to retrofit existing tank cars that transport crude oil, an industry official says.
8:00 PM EST | September 29, 2014
US Oil Industry Group API Issues Guidelines For Crude By Rail
The API issues guidelines for moving crude oil by rail, the latest response to a string of fiery derailments in the United States and Canada that has raised calls for reform.
8:00 PM EST | September 24, 2014
API Launches New Standard for Subsea Capping Stacks
API unveils new guidelines for the design, manufacture and use of subsea capping stacks.
8:00 PM EST | July 28, 2014
API VP: Elected Officials, Not Voters, Should Make Fracking Decisions
Complex and technical energy issues like fracking are best made by elected officials, according to API Vice President Louis Finkel.
8:00 PM EST | July 10, 2014
API Publishes 'Good Neighbor' Standards for Oil, Gas Developers
API issues a first-of-its-kind industry standard for community engagement in areas of the country where horizontal drilling and hydraulic fracturing have opened new energy development opportunities.
8:00 PM EST | July 08, 2014
Study: Removing Export Ban on Crude Will Create Jobs, But Opposition Strong
Lifting the ban on crude exports will pump up the economy, but some legislators and public oppose the move.
8:00 PM EST | June 03, 2014
API: Spec Q2 Certification Now Available for Drilling Service Providers
The API Specification Q2 is being fully implemented, and API has already received more than 50 applications for certification from facilities around the globe.
8:00 PM EST | May 05, 2014
AOPL, API Join Forces to Improve Safety of Liquid Pipelines
Organizations representing liquid pipeline operators launch joint effort to enhance safety performance.
7:00 PM EST | February 26, 2014
BOEM Completes Environmental Review for Activities Offshore Atlantic
BOEM publishes a final environmental review of geological and geophysical survey activities off the Mid- and South Atlantic Coast.
7:00 PM EST | February 26, 2014
API, IPAA See Flaws in Tax Reform Draft
The discussion draft for proposed US tax reform could hinder job creation and the US energy and manufacturing sectors, say oil and gas industry group officials.
7:00 PM EST | February 25, 2014
API's Gerard Unveils its 2014 Energy Vision for the Industry to Grow
API's Gerard outlines the organization's wish list in his annual address.
7:00 PM EST | January 06, 2014
US Congress Approves Boundary Agreement with Mexico
US Congress approves as part of its budget deal an agreement to allow energy development on the US-Mexico maritime border.
7:00 PM EST | December 17, 2013
API, Industry Groups Criticize Baucus' Tax Proposal
7:00 PM EST | December 12, 2013
Report: Significant Economic Benefits Seen from Atlantic Oil, Gas Devt
Opening US Atlantic waters to oil and gas exploration could create significant economic benefits that will be felt throughout the United States, according to a recent report.
7:00 PM EST | December 04, 2013
API: Public Policy Can Change Energy Costs
Energy costs have been down overall, but commonsense public policy changes can help put further downward pressure on costs to help American families, API Chief Economist John Felmy says.
7:00 PM EST | November 20, 2013
API Waves Goodbye to Cazalot, Says Hello to Chazen
As Clarence Cazalot prepares for his departure from Marathon Oil Company and API, the national trade association elects Occidental Petroleum's Chazen as Next Chairman.
7:00 PM EST | November 11, 2013
API Poll: Congress Can Solve Budget Issues Without Punitive Energy Taxes
Americans believe higher taxes on the oil and gas industry could drive up US consumer energy costs and negatively impact growth in jobs and production, a new API poll finds.
8:00 PM EST | October 28, 2013
Study: Delaying IDC Recovery to Result in US Production, Job Loss
Repealing the current tax deduction for intangible drilling costs would negatively impact US oil and gas production and economic growth, according to API.
8:00 PM EST | July 10, 2013
API All Smiles over Ending SEC's Anti-Competitive Disclosure Rule
API welcomes a decision by the US District Court for the District of Columbia that will stop SEC's implementation of Section 1504 of the Dodd-Frank Act.
8:00 PM EST | July 01, 2013
API: Comment Period Extension for Fracking Regulations Justified
BLM's decision to extend the comment period for the latest version of proposed hydraulic fracturing regulations for federal and Indian lands is warranted, says API.
8:00 PM EST | June 05, 2013
Industry Groups See Montana Lawsuit as Counterproductive
Energy industry groups call a lawsuit filed to stop Montana oil and gas leasing counterproductive.
8:00 PM EST | May 23, 2013
Five US States Help Boost US Oil Production
Five US states besides Texas and North Dakota make a significant contribution to the growth in US oil production.
8:00 PM EST | May 20, 2013
California Postpones Oil, Gas Lease Auctions
Due to recent events, BLM has delayed oil and natural gas leasing in California.
8:00 PM EST | May 08, 2013