Post Tagged with: "API"

Source: Reuters

Oil falls from highs ahead of Fed decision

CNBC


Oil prices fell on Wednesday after hitting multi-month highs in the previous session, as investors braced for the U.S. Federal Reserve’s interest rate policy announcement later in the day.

Brent crude futures for May were down $1.20 or 1.4% …

API: New poll shows “widespread” concern over Washington’s energy policy

API: New poll shows “widespread” concern over Washington’s energy policy

World Oil


(WO) – The American Petroleum Institute (API) released a new national poll conducted by Ipsos demonstrating widespread concern over Washington’s approach on energy policy.

Two out of three American voters say the country is on the wrong track …

Source: World Oil

Oil trade groups file petition against Biden administration over LNG ban

World Oil


(Bloomberg) – Top oil industry lobbying groups set the stage for a potential lawsuit challenging the Biden administration’s pause in approving new liquefied natural gas (LNG) exports.

In a petition filed Monday with the Energy Department, the American

February 27, 2024 - 1:30 pm Closing Bell Story‎, Crude Oil News, Energy News, LNG, Regulatory
Source: World Oil

API: Biden’s tailpipe emissions ban “out of step” with American people

World Oil


(WO) — The American Petroleum Institute (API) issued a statement from President and CEO Mike Sommers in response to reports that the Biden administration is considering changing the implementation timeline for its proposed tailpipe emissions standards:

“Reports that …

Source: World Oil

API: Biden’s restrictive LNG plan a “win” for Russia, loss for global energy security

World Oil


(WO) – The American Petroleum Institute (API) released a statement from President and CEO Mike Sommers on new reports that the Biden administration is moving forward with plans to disrupt the development of U.S. LNG terminals.

“This would …

January 25, 2024 - 12:01 pm Closing Bell Story‎, Crude Oil News, Energy News, LNG
Source: World Oil

API calls on Biden administration to remove barriers to energy production in Alaska

World Oil


The American Petroleum Institute (API) has called on the Biden administration to recognize the important role that Alaska plays in U.S. energy security and support the continued development of energy resources in the National Petroleum Reserve (NPR-A).

In …

API: U.S. energy leadership strengthens national security, advances innovation

API: U.S. energy leadership strengthens national security, advances innovation

World Oil


WASHINGTON, November 29, 2023 – American Petroleum Institute (API) Executive Vice President and Chief Advocacy Officer Amanda Eversole testified before a U.S. House Committee on Energy and Commerce subcommittee, highlighting the critical role of American energy leadership in …

API applauds Fifth Circuit decision on lease sale 261, restores offshore energy opportunities

API applauds Fifth Circuit decision on lease sale 261, restores offshore energy opportunities

World Oil


(WO) — The American Petroleum Institute (API) released the following statement from Senior Vice President and General Counsel Ryan Meyers in response to the preliminary injunction upheld by the U.S. Court of Appeals for the Fifth Circuit.

 …

Source: World Oil

API: EPA’s proposed NAAQS revisions “jeopardize” American jobs, risk “substantial” economic harm

World Oil


(WO) — The American Petroleum Institute (API) joined with over 70 other trade groups representing diverse businesses across the economy in urging the Biden administration to maintain the existing National Ambient Air Quality Standards (NAAQS) for fine particulate …

November 2, 2023 - 3:30 pm Closing Bell Story‎, Crude Oil News, Economy, Jobs, People, Regulatory
API: U.S. oil, natural gas industry reduces methane emissions across supply chain

API: U.S. oil, natural gas industry reduces methane emissions across supply chain

World Oil


(WO) – The Environmental Partnership released its fifth annual report demonstrating the U.S. oil and natural gas industry’s actions in reducing methane emissions, improving detection methods and sharing best practices across the industry. The Partnership’s participating companies, which …

Source: World Oil

Energy trade groups urge Biden administration to support domestic energy production with “robust” offshore leasing program

World Oil


WO) — The American Petroleum Institute and Energy Workforce & Technology Council joined with 17 energy trade groups representing all sectors of the U.S. natural gas and oil industry in calling on the Biden administration to support U.S. …

Source: World Oil

API: 90% of voters agree that oil, natural gas play important role in strengthening U.S. economy

World Oil


WASHINGTON — The American Petroleum Institute (API) released new polling conducted by Morning Consult showing that 90% of voters agree that natural gas and oil play an important role in strengthening the U.S. economy.

The polling further shows …

Source: World Oil

API: Interior’s proposed rule for federal oil, gas leasing adds “more barriers” to future energy production

World Oil


WASHINGTON — The American Petroleum Responsible development of federal lands is critical for meeting the growing demand for affordable, reliable energy while reducing emissions. Amidst a global energy crisis, this action from the Department of the Interior is …

Source: World Oil

API joins over 100 trade groups urging Biden administration to reverse course on tailpipe emissions standards

World Oil


WASHINGTON, July 11, 2023 — The American Petroleum Institute (API) joined with over 100 other trade groups representing diverse businesses across the transportation sector in urging the Biden administration to reverse course on its proposed tailpipe emissions standards …

API: NEPA Guidance is “halting U.S. energy development”

API: NEPA Guidance is “halting U.S. energy development”

World Oil


WASHINGTON, April 10, 2023 – The American Petroleum Institute (API) is urging the Biden administration to address the broken permitting process that is halting U.S. energy development. In a comment letter submitted to the White House Council on …

April 11, 2023 - 11:30 am Closing Bell Story‎, Crude Oil News, Energy News, Regulatory
Source World Oil

API emphasizes plan for Washington to secure a sustainable energy future

World Oil


(WO) — American Petroleum Institute (API) President and CEO Mike Sommers gave remarks during the 19th Annual State of the Energy Industry Forum, hosted by the U.S. Energy Association. Sommers emphasized API’s recently announced plan for policymakers in …

January 27, 2023 - 11:30 am Closing Bell Story‎, Crude Oil News, Energy News, Sustainability
Source: World Oil

API, Well Done Foundation partner to reduce emissions by plugging orphaned oil and gas wells

World Oil


(WO) – The American Petroleum Institute (API) and the Well Done Foundation signed a Memorandum of Understanding (MOU) to collaborate across a range of activities related to reducing emissions and the proper plugging of orphaned or abandoned natural …

API unveils plan to make, move and improve American energy

API unveils plan to make, move and improve American energy

World Oil


(WO) — The American Petroleum Institute (API) President and CEO Mike Sommers released a new report and outlined the policies needed to make, move and improve American energy and prioritize U.S. natural gas and oil as a long-term …

Opinion: Energy industry already leads on reducing methane emissions

Opinion: Energy industry already leads on reducing methane emissions

World Oil


WASHINGTON, D.C.—Five years ago, the American Petroleum Institute (API) launched The Environmental Partnership (TEP). This first-of-its-kind effort brought oil and natural gas producers in the U.S. together behind a shared commitment to continuously improve the industry’s environmental performance.…

API to Biden: Americans looking for solutions, not rhetoric

API to Biden: Americans looking for solutions, not rhetoric

World Oil


The American Petroleum Institute (API) today released the following statement from President and CEO Mike Sommers in response to President Biden’s remarks on gas prices:

 

 

API to Biden: Americans looking for solutions, not rhetoric- oil and gas 360

 

“Rather than taking credit for price declines and shifting …

November 1, 2022 - 12:30 pm Closing Bell Story‎, Crude Oil News, Energy News
API: Inflation Reduction Act falls short of addressing long-term energy needs

API: Inflation Reduction Act falls short of addressing long-term energy needs

World Oil


American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement today on House passage of the Inflation Reduction Act: “While the Inflation Reduction Act takes important steps toward new oil and gas leasing and investments …

August 15, 2022 - 10:30 am Closing Bell Story‎, Crude Oil News, Energy News, Regulatory
Source: World Oil

API releases video urging Biden to tour American energy sites

World Oil


WASHINGTON – As President Biden prepares to meet with Saudi officials on Friday, the American Petroleum Institute (API) released a new video once again inviting the president to visit American energy sites and support the American producers who …

July 14, 2022 - 1:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Jobs, People
Source: World Oil

API unveils ten-point policy plan to restore U.S. energy leadership, fuel economic recovery

World Oil


WASHINGTON D.C. — The American Petroleum Institute on Tuesday released a “10 in 2022 plan”—10 policies that policymakers can advance today to unlock American energy, fuel economic recovery, and strengthen national security.

 

As energy costs and geopolitical …

Business groups urge Biden administration to support domestic energy production, offshore leasing program

Business groups urge Biden administration to support domestic energy production, offshore leasing program

World Oil


The American Petroleum Institute, Consumer Energy Alliance, Louisiana Mid Continent Oil and Gas Association, National Oceanic Industry Association and U.S. Chamber of Commerce today joined with more than 80 trade groups representing a diverse cross section of industries …

June 6, 2022 - 3:30 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

API: FERC policy changes would cause uncertainty and hamper LNG export, reliability goals

World Oil


The American Petroleum Institute (API) filed reply comments to the Federal Energy Regulatory Commission (FERC) addressing the assertions of other commenters and continuing to express concerns that the commission’s two revised policy statements would chill investment in critical …

API to Washington: Turn the page and embrace American natural gas and oil

API to Washington: Turn the page and embrace American natural gas and oil

World Oil


During World War II, 44 oilfield workers left their homes in rural Oklahoma to lend a hand abroad. Secretly summoned by Winston Churchill to Sherwood Forest in fuel-deprived England, these men worked to drill 100 oil wells in …

API applauds DOE approval of two new LNG export permits

API applauds DOE approval of two new LNG export permits

World Oil


American Petroleum Institute (API) President and CEO Mike Sommers applauded the U.S. Department of Energy’s decision to approve two new liquified natural gas (LNG) export permits.

API applauds DOE approval of two new LNG export permits- oil and gas 360

“We applaud the Department of Energy for advancing two important U.S. LNG

March 17, 2022 - 1:30 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: World Oil

API: Don’t constrain LNG exports; bolster cold-weather states’ infrastructure

World Oil


Ten 10 U.S. senators from cold-weather states wrote to U.S. Energy Secretary Jennifer Granholm, expressing concern about getting affordable, reliable natural gas for their constituents’ homes and businesses in the dead of winter, the American Petroleum Institute said …

Source: Reuters

BP says it will stick with top U.S. oil lobby after climate shift

Reuters


LONDON – BP said on Monday it will remain a member of the American Petroleum Institute (API) after the largest U.S. oil and gas trade lobby group addressed some differences with the British energy company over climate change.

BP, …

American Petroleum Institute endorses carbon pricing as oil and gas industry faces pressure on emissions

American Petroleum Institute endorses carbon pricing as oil and gas industry faces pressure on emissions

CNBC


The oil and gas industry’s largest trade group Thursday endorsed a price on planet-warming carbon emissions, marking a major shift after it long resisted regulatory action on climate change.

The American Petroleum Institute’s move comes as President Joe Biden