News

WASHINGTON, December 21, 2012 – A new API report shows that operational injuries and illness for the oil and natural gas industry occur at a rate substantially below the private sector average. The Workplace Safety Report also shows the oil and gas industry rate has been steadily declining.

WASHINGTON, December 21, 2012 – API released a new report detailing the oil and natural gas industry’s massive spending on environmental performance.

WASHINGTON, December 21, 2012 – Total U.S. petroleum deliveries (a measure of demand) were down 3.3 percent from November a year ago to 18.5 million barrels per day and decreased slightly (0.2 percent) from October 2012. Demand was at its lowest November level in 17 years and marked the tenth monthly year-over-year decrease (every month except May) for the 11 months so far in 2012. Monthly Statistical Report, Petroleum Facts at a Glance, Monthly Import Statistics for September 2012 (latest available).

WASHINGTON, December 5, 2012 – API Group Director of Upstream and Industry Operations Erik Milito welcomed the latest Department of Energy study finding that exports of liquefied natural gas (LNG) would benefit the U.S. economy.

Washington, December 5, 2012 – API Senior Economic Advisory Rayola Dougher said that Energy Outlook released today by EIA adds to the growing chorus that predicts increased domestic energy production could make America a global energy giant in just a few short years.

WASHINGTON, November 16, 2012 – Total U.S. petroleum deliveries (a measure of demand) were down 2.3 percent from October a year ago but increased 1.3 percent from this past September to 18.4 million barrels per day. Petroleum demand year to date was down 2.1 percent compared with a year ago. Demand for October 2012 was the lowest for any October since 1995. Monthly Statistical Report, Petroleum Facts at a Glance,Monthly Import Statistics for August 2012 (latest available).

WASHINGTON, November 14, 2012 – Marathon Oil Corporation Chairman, President and CEO Clarence P. Cazalot, Jr. has been elected Chairman of the American Petroleum Institute’s (API) Board of Directors effective January 1, 2013, for a one-year term. Mr. Cazalot succeeds Chevron President and CEO John S. Watson.

WASHINGTON, October 31, 2012 – The American Petroleum Institute (API) has launched its licensing efforts for motor oil distributors and oil change locations as part of its expanded Motor Oil Matters (MOM) campaign.

WASHINGTON, October 29, 2012 – Hurricane Sandy is forecast to make landfall on the East Coast late today, and the oil and natural gas industry is prepared to ensure safety ahead of and during the storm, and to quickly resume any operations impacted by the hurricane.

WASHINGTON, October 25, 2012 – Methane emissions from natural gas production were less than half what had been estimated by the Environmental Protection Agency (EPA), according to an updated survey by URS prepared for The American Petroleum Institute (API) and America’s Natural Gas Alliance (ANGA).