In spite of relatively soft crude prices hovering at levels below $70 per barrel amid fears of a supply glut, Sommers ...

CEO, Mike Sommers, alongside other industry leaders like TotalEnergies' Patrick Pouyanne, have warned that reviving Venezuela ...

The American Petroleum Institute’s CEO also spoke Tuesday about the oil potential in Iran and Venezuela amid global ...

The American Petroleum Institute (API) announced progress in the development of its new Proposed Category 12 (PC-12) heavy-duty engine oil specification, ...

U.S. crude oil futures were unchanged on from post-settlement levels Tuesday after the American Petroleum Institute reported a much larger build in U.S. weekly crude supplies.

The American Petroleum Institute predicts that worldwide energy demand will increase 50% over the next decade.

January 1, 2027, will be the first license date for two new heavy-duty engine oil categories, if all goes as planned.

The API is aiming for a 2027 rollout of the new engine oil spec, which is meant to enhance performance standards.

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. IMAGE DISTRIBUTED FOR AMERICAN PETROLEUM INSTITUTE - American ...

API PC-12 engine oil categories CL-4 and FB-4 are advancing toward a 2027 launch. Here’s what the changes mean for fleets, ...

The CEO of the American Petroleum Institute said oil and gas companies are looking for laws and regulations that will outlast the new administration. One of the country’s most powerful oil and gas ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. America’s oil industry released its wish list for the incoming Trump administration ...