The American Petroleum Institute reportedly shows a surprise draw of 1.7M barrels of oil in U.S. commercial stockpiles for the week ending March 6.

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 5.6 million barrels in the week ending February 27, after adding 11.4 million barrels in the week prior.

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 on Tuesday, a five-point plan that would eliminate ...

The oil and gas industry’s largest trade group has issued new guidelines for pipeline companies intended to smooth relations with landowners, but the move could fuel demands to release more information. The new “public engagement” standard from the ...

The American Petroleum Institute filed suit Feb. 12 in the US District Court of Appeals for the DC Circuit, challenging the Biden administration’s 2024-2029 Outer Continental Shelf oil and natural gas leasing program. Offshore oil and gas operations.

January 1, 2027, will be the first license date for two new heavy-duty engine oil categories, if all goes as planned. An update from the American Petroleum Institute said it has made significant progress in developing the new API Proposed Category 12 (PC ...