WASHINGTON, December 16, 2013 ─ API today welcomed a report from the U.S. Energy Information Administration (EIA) forecasting record-breaking production of domestic oil and natural gas, which will dramatically increase U.S. energy security. “America is in …
RIO DE JANEIRO, December 16, 2013 – The American Petroleum Institute (API) announced the opening of its new regional office in Rio de Janeiro. The API office in Brazil will provide the rapidly growing South American oil and natural gas industry with …
WASHINGTON, December 12, 2013 ─ Overwhelming numbers of U.S. voters of all political persuasions agree that increased development of our energy infrastructure is in our nation's best interests, according to a new poll conducted for API by Harris …
WASHINGTON, December 12, 2013 – The Corn Ethanol Mandate Elimination Act introduced in the U.S. Senate today demonstrates the growing, bipartisan concerns that ethanol mandates could harm consumers and put our economy at risk, according to API Downstream …
WASHINGTON, December 5, 2013 – Opening the U.S. Atlantic Outer Continental Shelf (OCS) to offshore oil and natural gas development could have remarkable benefits for job creation, U.S. energy security, domestic investment, and revenue to the government, …
WASHINGTON, December 5, 2013 ─ API welcomed a report from the U.S. Department of Commerce revealing that growth in the U.S. oil and natural gas industry contributed to record exports in October. The U.S. trade deficit shrank to $40.6 billion, a drop of …
WASHINGTON, December 4, 2013 – API Director of Standards David Miller announced today the publication of a new oil and natural gas industry bulletin for well construction interface, the latest of several standards developed or strengthened as a result of …
West Palm Beach, November 21, 2013 ─The Florida Petroleum Council and state labor leaders urged President Obama to approve the Keystone XL pipeline and enhance America’s energy security while creating thousands of U.S. jobs. “The Keystone XL pipeline will …
WASHINGTON, November 21, 2013 ─ Total U.S. petroleum deliveries (a measure of demand) rose 1.3 percent from October 2012 to average just below 19.0 million barrels per day last month. “Domestic crude oil production hit a 25-year October high last month …
WASHINGTON, November 21, 2013 – 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 told reporters on a conference call today: …
WASHINGTON, November 20, 2013 – Erik Milito, API’s director of upstream and industry operations, welcomed passage of House legislation, H.R. 2728, that would promote job growth and domestic energy production by preserving the effective leadership of state …
WASHINGTON, November 15, 2013 – API Director of Upstream and Industry Operations Erik Milito welcomed today’s authorization by the Department of Energy for exports from the Quintana Island, Texas liquefied natural gas (LNG) facility and urged the agency to …
WASHINGTON, November 15, 2013 – API President and CEO Jack Gerard said EPA’s reduced 2014 ethanol mandates along with groups representing industries, farmers, restaurants and consumers for a conference call to discuss EPA’s 2014 RFS requirements. “We’ve …
WASHINGTON, November 14, 2013 – A new state-by-state study details significant U.S. job gains, manufacturing growth, and robust economic activity associated with future exports of liquefied natural gas (LNG), according to API Group Vice President for …
NAPLES, November 11, 2013 — James T. Hackett, former CEO of Anadarko Petroleum Corporation, is the recipient of the American Petroleum Institute’s 2013 Gold Medal for Distinguished Achievement. The award, API’s highest honor, recognizes leaders who have …
WASHINGTON, November 11, 2013 – Occidental Petroleum Corporation President and CEO Stephen I. Chazen has been elected Chairman of the American Petroleum Institute’s (API) Board of Directors effective January 1, 2014, for a one-year term. Mr. Chazen …
WASHINGTON, November 7, 2013 – The American Petroleum Institute (API) submitted a letter to the U.S. Securities and Exchange Commission (SEC) today suggesting ways the SEC can re-write its foreign payments disclosure rule that will support transparency …
WASHINGTON, October 29, 2013 – Fifty-six percent of voters nationwide oppose changes to the tax code that could decrease investment in energy production and reduce energy development in the United States, according to a new poll conducted by Harris …
WASHINGTON, October 24, 2013 – EPA must lower increasing ethanol mandates in its Renewable Fuel Standard (RFS) proposal for 2014 in order to protect consumers and our economy from a looming disaster until Congress can repeal the program once and for all, …
WASHINGTON, October 21, 2013 – Sixty-seven percent of voters nationwide support offshore drilling for domestic oil and natural gas resources, according to a new poll conducted by Harris Interactive for API’s “What America is Thinking on Energy Issues” …
