WASHINGTON, April 3, 2020 — American Petroleum Institute President and CEO Mike Sommers issued the following statement regarding today's meeting between President Trump, administration officials and executives representing U.S. natural gas and oil companies. Sommers attended the meeting with API member companies.
WASHINGTON, March 31, 2020 – The American Petroleum Institute today applauded the launch of the Texas Methane and Flaring Coalition, an initiative representing nearly 80 percent of oil production in Texas and formed to minimize methane emissions and flaring in the state of Texas. The majority of the nearly 40 members of the new coalition also participate in other initiatives that improve environmental performance, including The Environmental Partnership.
WASHINGTON, March 31, 2020 – API issued the following statement regarding TC Energy’s announcement earlier today about their decision to move forward with construction of the Keystone XL Pipeline.
LONDON, March 30, 2020 – IPIECA, the American Petroleum Institute (API), and the International Association of Oil & Gas Producers (IOGP) today released the new edition of the “Sustainability Reporting Guidance for the Oil and Gas industry,” which marks over fifteen years of collaboration between the member companies across the three leading industry associations.
WASHINGTON, March 26, 2020 – API issued two standards, Recommended Practice (RP) 1182 and the second edition of RP 80, designed to address the safe operation of larger-diameter gathering pipelines used to transport natural gas from production sites to larger interstate pipelines.
WASHINGTON, March 19, 2020 – The American Petroleum Institute today released its February 2020 Monthly Statistical Report, providing an early indication of the impact of the coronavirus pandemic on energy markets. Data from the report reflect the onset of the virus with downturns in demand for diesel (-9.9% y/y) and jet fuel (-5.2% y/y), but a slight increase in gasoline (+0.3% y/y), suggesting many consumers chose to drive instead of fly in February.
DENVER, March 5, 2020 – Today, American Petroleum Institute President and CEO Mike Sommers concluded a three-day visit to Colorado, where he reaffirmed the natural gas and oil industry’s commitment to safe, responsible energy development in the Centennial State.
WASHINGTON, March 3, 2020 — The American Petroleum Institute (API) today issued a new standard for pipeline inspectors to enhance safety and sustainability during pipeline construction.
WASHINGTON, February 27, 2020 — The American Petroleum Institute (API) today released a new economic analysis outlining the dire economic consequences of a ban on federal leasing and hydraulic fracturing (or fracking) for American families and businesses. The technology has enabled the U.S. to become the world leader in energy production and emissions reductions.
WASHINGTON, February 20, 2020 – A major transition to cleaner marine fuels is proceeding smoothly, according to data released today from the American Petroleum Institute’s January 2020 Monthly Statistical Report (MSR). The International Maritime Organization’s (IMO) new low-sulfur emission standard for marine fuels – also known as IMO 2020 – went into effect on January 1 without significant market disruption.