WASHINGTON, April 22, 2015 – Estimated total U.S. oil and natural gas well completions decreased by 8 percent in the first quarter of 2015 compared to year-ago levels, according to API's 2015 Quarterly Well Completion Report, First Quarter. “Our growth …
WASHINGTON, April 21, 2015 ─ API today voiced support for the bipartisan bill led by U.S. Senators John Barrasso (R-Wyo.), Joe Manchin (D-W.Va), Heidi Heitkamp (D-N.D.), Mike Enzi (R-Wyo.) and John Hoeven (R-N.D.) to repeal Section 526 of the Energy …
WASHINGTON, April 21, 2015 – API Executive Vice President Louis Finkel said the Obama administration’s Quadrennial Energy Review (QER) highlights the need to invest in our nation’s energy infrastructure, which will create jobs, enhance energy security and …
WASHINGTON, April 16, 2015 ─ Total U.S. petroleum deliveries (a measure of demand) increased 3.4 percent from March 2014 to average nearly 19.2 million barrels per day, the highest level for the month since 2011. For the first quarter of 2015, total demand …
WASHINGTON, April 15, 2015 – A new EPA report shows continued decline in methane emissions from natural gas production, as operators capture and deliver more natural gas to consumers, said API. “The latest inventory shows that U.S. producers continue …
WASHINGTON, April 14, 2015 ─ The latest U.S. Energy Information Administration (EIA) Annual Energy Outlook shows that America’s oil and natural gas production will continue to grow as U.S. consumers demand more energy in the decades ahead, said API. “ …
WASHINGTON, April 13, 2015 – Proposed federal regulations released today for well control and blowout preventers (BOPs) follow upon wide-ranging work by industry to improve offshore safety, said American Petroleum Institute Upstream Group Director Erik …
WASHINGTON, April 10, 2015 – EPA has accepted a settlement with API and American Fuel & Petrochemical Manufacturers (AFPM) by agreeing to a November 30 deadline for setting requirements under the Renewable Fuel Standard (RFS). The tentative consent …
WASHINGTON, April 9, 2015 – Advances in technology, standards and practices in the last five years have made America’s offshore oil and natural gas industry safer than ever, API President and CEO Jack Gerard told reporters on a press conference call today. …
HOUSTON, April 8, 2015 – New data from industry operations and independent third-party audits reveals the U.S. offshore oil and natural gas industry’s highest commitment to safety, according to the Center for Offshore Safety’s (COS) first annual …
WASHINGTON, April 8, 2015 ─ An estimated $147.7 billion was invested in drilling approximately 45,000 U.S. oil and natural gas wells in 2013, according to API’s 2013 Joint Association Survey on Drilling Costs. The number of wells declined slightly from …
LANSING, Mich., April 6, 2015 – The Associated Petroleum Industries of Michigan (API-Michigan) today announced that Katharine Hoeksema has joined as legislative analyst. “Katharine will focus on energy priorities in the state, including hydraulic …
WASHINGTON, April 2, 2015 ─ A new federal report on barriers to “made-in-America exports” fails to consider restrictions on liquefied natural gas (LNG) and 1970s-era limits on U.S. crude oil, said API. “The White House is focused on trade barriers …
WASHINGTON March 31, 2015 – The American Petroleum Institute (API) issued an updated pressure relieving design and installation standard to enhance refinery safety as part of its core commitments to improving workplace safety and protecting the environment …
WASHINGTON, March 30, 2015 – The federal government’s proposal for future offshore oil and natural gas leasing is already too restrictive and should not be reduced any further, according to comments API submitted to the Bureau of Ocean Energy Management ( …
WASHINGTON, March 25, 2015 – America’s oil and freight railroad industries have developed a new education module for first responders as part of a holistic effort to better prevent, mitigate and respond to derailments of trains carrying crude oil, the …
WASHINGTON, March 24, 2015 – A Department of Energy report on crude oil properties and transportation safety published today highlights the continued need for efforts to prevent more train derailments, said API Director of Midstream Robin Rorick. “This …
WASHINGTON, March 20, 2015 – The Bureau of Land Management’s (BLM) hydraulic fracturing rule imposes new costs and delays on energy development without improving on existing state and federal regulations, according to API. "Despite the renaissance on …
WASHINGTON, March 19, 2015 ─ Total U.S. petroleum deliveries (a measure of demand) rose 1.5 percent from February 2014 to average 19.3 million barrels per day. This was the highest February demand since 2008. “Greater demand for gasoline and jet fuel and a …
WASHINGTON, March 19, 2015 ─ API urged lawmakers to lift outdated trade restrictions on U.S. oil as America becomes the number one producer in the world. “A new era of energy abundance, born of innovation, has created a once-in-generation chance for …
