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

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) ...

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, ...

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 ...

After rallying for three days, ICE Brent and NYMEX WTI were seen trading lower in the early trading session today, even as the American Petroleum Institute reported large crude oil inventory ...

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 ...

Crude oil inventories in the United States fell again this week, this time by 4.495 million barrels for the week ending July 26, according to The American Petroleum Institute (API), after analysts ...

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