API – Page 3 – Oil & Gas 360

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

September 14, 2023

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 represent nearly 70% of U.S. onshore oil and gas operations, continued to achieve measurable results across all performance programs, including

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

August 1, 2023

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. energy security by finalizing a robust program for federal offshore leasing. In a letter to President Biden, the energy trade

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

July 21, 2023

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 that an overwhelming majority of voters believe lawmakers should consider the economic importance of these resources when assessing new energy

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

July 21, 2023

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 yet another attempt to add even more barriers to future energy production, increases uncertainty for producers and may further discourage

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

July 11, 2023

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 for light, medium and heavy-duty vehicles. In a letter to President Biden, the organizations outlined significant concerns with the EPA’s

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

April 11, 2023

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 Environmental Quality (CEQ), API Director of Climate and ESG Policy Jennifer Stewart outlined the harmful provisions of CEQ’s Interim Guidance

API emphasizes plan for Washington to secure a sustainable energy future

January 27, 2023

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 Washington to secure a sustainable, reliable energy future and make, move and improve American energy. “Independent experts agree that global oil

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

January 26, 2023

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 gas and oil wells. The MOU aims to establish cooperation and a constructive partnership between both organizations by advancing the

API unveils plan to make, move and improve American energy

January 12, 2023

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 strategic asset during API’s annual State of American Energy event. “The state of American energy is strong and resilient,” Sommers

Opinion: Energy industry already leads on reducing methane emissions

December 9, 2022

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. TEP is now implemented in 47 states by 102 participating companies that comprise 70% of America’s onshore production. Most recently,

API to Biden: Americans looking for solutions, not rhetoric

November 1, 2022

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: “Rather than taking credit for price declines and shifting blame for price increases, the Biden administration should get serious about addressing the supply and demand imbalance that has caused higher gas

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

August 15, 2022

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 in carbon capture and storage, it falls well short of addressing America’s long-term energy needs and further discourages needed investment

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