Get near real-time access to futures pricing, major energy stocks, and related articles and insights.

American Petroleum Institute Inc. (API)

About

American Petroleum Institute (API) represents all segments of America’s oil and natural gas industry. Its more than 600 members produce, process, and distribute most of the nation’s energy. The industry supports 10.9 million U.S. jobs and is backed by a growing grassroots movement of more than 47 million Americans. API was formed in 1919 as a standards-setting organization. In its first 100 years, API has developed more than 700 standards to enhance operational and environmental safety, efficiency and sustainability.

Editor's note: Updated Jan. 22, 2020.

Headquarters Address

200 Massachusetts Avenue NW
Washington, DC 20001
United States

Main Phone Number

News

Delayed GoM Oil, Gas Lease Sale Fetches $382MM in Winning Bids

After wrangling in Congress, court battles and three reschedules, Lease Sale 261’s results were announced in what appears to be the most expensive lease sale in nearly a decade.

Just Three: Industry Decries Meager Offshore Oil, Gas Leasing Plan

The Biden administration’s proposed 2024–2029 National Outer Continental Shelf (OCS) Oil and Gas Leasing Program would allow for the “smallest number” of offshore oil lease sales — three — in the history of five-year programs.

BOEM Postpones GoM Oil and Gas Lease Sale

A U.S. appellate court has ordered that a Gulf of Mexico oil and gas lease sale must take place no later than Nov. 8.

Permitting: The Boogeyman Hindering US Low-carbon Investment

U.S. low-carbon projects face a medley of different risks—from sluggish federal permitting timelines to huge spending budgets — and an uncertain road to profitability.

E&P Highlights: Jan. 26, 2023

Here’s a roundup of the latest E&P headlines including a production update from Tullow, an update on U.K. offshore opportunities and some contract announcements in the upstream oil and gas industry.

API Pushes Back on Biden’s Energy Priorities

API’s annual report offers a plan to bolster investment in oil and gas projects and streamline the permitting process even as the White House prioritizes renewable energy sources.

US Senators Introduce API-Backed Bill to Expand E15 Gasoline Sales

While it is unknown if the bill to expand nationwide sales of E15, a gasoline with a higher blend of ethanol, has the support it needs to pass both the House and Senate to become law, the backing of the oil industry has lifted a notable political obstacle.

Big Oil Joins Farmers, Biofuel Groups to Tout More Ethanol in US Fuel

API’s support is a win for the biofuel and farm groups because the oil industry has at times resisted efforts to expand the market for ethanol.

Shale Firms Discount 'US Put' as Inadequate to Lift Oil Output

"That announcement was making it appear like he was throwing a bone to the oil industry," PetroNerds CEO Trisha Curtis said on Twitter of U.S. President Jo Biden's decision to release more oil from the Strategic Petroleum Reserve.

Proposed Offshore Leasing Plan Worries Oil Industry

Oil industry leaders on an Oct. 6 call urge the Biden administration to quickly approve all 11 potential offshore lease sales in the 2023-2028 proposed plan for the Outer Continental Shelf.

NOV, Hewlett Packard Talk Optimizing Operations through Tech

Technology can optimize operations, but requires buy-in from those using the tools and processes, experts from NOV and Hewlett Packard Enterprise said at the API Houston General Meeting.

The Evolution of ESG Reporting for E&P Companies

Developing SEC requirements and market pressure push E&P companies to meet ESG disclosure demands.

API Says US Lacks Comprehensive Energy Policy Ahead of Biden’s Saudi Visit

Ahead of Biden’s visit to Saudi Arabia, API reiterates its 10-point plan of policy issues Washington “should enact immediately to lower prices and secure American energy security going forward,” CEO Mike Sommers said.

Women in Energy: Amanda Eversole, API

Today’s featured 25 Influential Women in Energy honoree is Amanda Eversole, executive vice president and chief advocacy officer of API based in Virginia.

DUG East: Keynote: The Capital View

Amanda Eversole, executive vice president and chief advocacy officer at the American Petroleum Institute and 2022 Women in Energy honoree, shares how upcoming election results could impact the oil industry.

IndustryVoice

IndustryVoice: Center for Offshore Safety Provides Unified Approach to Offshore Safety Standards

As offshore energy operations expand across international waters, the need for global standards of safety and environmental practices has never been more important.

IndustryVoice: API Energy Excellence Drives Environmental and Safety Progress

API Energy Excellence® launched in early 2021 to accelerate environmental and safety progress across all segments of the natural gas and oil industry.

IndustryVoice: API’s Process Safety Site Assessment Program Brings Good Practices to Refinery and Petrochemical Facilities

API collaborated with American Fuel & Petrochemical Manufacturers to develop the Process Safety Site Assessment Program which helps operators improve safety performance.

IndustryVoice: Pipeline Safety Management Systems: Learning and Sharing to Reach Zero Incidents

API’s Pipeline Safety Management System (PSMS) is a benchmark for the natural gas and oil industry to enhance safety and operations. A key element of PSMS is learning and sharing among operators.

IndustryVoice: The Industry Recognized Standard for Pipeline Cybersecurity

The American Petroleum Institute (API) approaches cybersecurity the same way it approaches safety – it is a top priority that requires a systematic, multi-dimensional approach and allows for adaptation in a quickly shifting landscape.

IndustryVoice: Safety First, Safety Always – The Center for Offshore Safety’s Shared Mission

COS was established ten years ago to provide tools and peer learning opportunities, share good practices and support companies on the U.S. Outer Continental Shelf.

IndustryVoice: API Monogram: The Industry’s Premiere Certification Program for Equipment Manufacturers

The API Monogram program is a globally recognized success story, with a proven track record of acknowledging natural gas and oil equipment manufacturers that meet API’s best-in-class safety and sustainability standards.

IndustryVoice: API Safety Assessment Program Serves Important Role at Refineries

Advancing Safety Through API’s Process Safety Site Assessment Program (PSSAP®)

IndustryVoice: Advancing Safety and Sustainability Offshore Through COS

API’s Center for Offshore Safety Promotes a Culture of Safety on the Outer-Continental Shelf.

IndustryVoice: Enhancing the Safety Mission of Pipelines Through Third-Party Assessment

API’s newly launched Pipeline Safety Management System Assessment Program drives safety and performance improvements for the pipeline industry.