Energy Tomorrow Blog
Posted August 12, 2019
API’s new bolting standard recognizes the critical role that fittings, bolts, screws and other components play in the safe operation of the industry’s exploration and production activities around the world.
Our oil and natural gas companies are present in nearly every conceivable environment. From the icy cold of the tundra to the deserts and oceans, API members require durable steel components that won’t fail them in these tough conditions, while supporting safe and reliable operations.
That’s why we issued API TR 21RT1, “Materials Selection for Bolting.” The new standard makes it easier for companies to select the right equipment for certain environmental conditions.
Posted February 20, 2019
Over API’s 100-year history – we complete our first century next month – we’ve created more than 700 standards to enhance the safety, efficiency and sustainability of natural gas and oil operations. The newest of these updates Recommended Practice 54 (RP 54), which sets procedures to advance and maintain a safe and healthy work environment in drilling and well servicing operations.
Specifically, the new edition of RP 54 (first developed in 1981) includes a section on flowback operations, which is important for safe well testing. It also includes revised requirements for process hazard assessment for facilities and sites and introduces formal risk assessments and expanded provisions for offshore operations.
Posted August 13, 2018
API is proud to partner with the U.S. Occupational Safety and Health Administration (OSHA) for “Safe +Sound Week” (through Sunday), a nationwide event to raise awareness and understanding of the importance of safety and health programs. This includes management leadership, worker participation and a systematic approach to finding and fixing hazards in workplaces.To mark “Safe + Sound Week,” API is making 22 of its most important safety standards available for free, accessible here.
Posted August 7, 2018
You’ve probably noticed some changes to API’s social media channels. The messages on Facebook and Twitter are the same, but we're streamlining your access to news, analysis and commentary on natural gas and oil issues, which we believe will foster even more conversation about energy.
Beginning Aug. 20, there’ll be another change: The Energy Tomorrow Blog will move to API.org as we pull together primary API content on our home website.
Posted January 26, 2018
API’s Monthly Statistical Report (MSR) is a goldmine of information about our industry – and now the public can access it for free. Responding to new and evolving marketplace needs, API is now sharing the MSR free of charge on its website beginning this month. The report includes analysis of recent developments for major products, imports, refineries and inventories – accompanied by API graphs.
Posted June 6, 2017
A new report from AAA compares different types of engine oils, but there’s one important thing to remember: check your owner’s manual before switching motor oils.
Consumers must consult their owner's manual to see which SAE viscosity grade and performance level is recommended for their vehicle's engine. Manufacturers often recommend oils licensed by API as these oils have been rigorously tested to prove they meet API's engine oil standards and ensure that consumers get the high-quality oil demanded by today’s engines. Not all vehicles require the same level of performance or viscosity grade.
Posted June 1, 2017
Today, API releases a new report that highlights the tangible ways our industry protects the safety and environment – as it also helps local communities. It’s an important document, reflecting the premium placed on responsible energy development by natural gas and oil companies. From the report:
The safety, health and protection of people, the environment and communities are the top priorities for the natural gas and oil industry. Today, natural gas and oil not only power our lives, but are the building blocks for so many of the products that make modern life possible. But this energy and the amazing things derived from it – everything from clothing and cosmetics to state-of-the-art health care devices and medicines – aren’t possible unless responsible development is the centerpiece of everything the industry does.
Posted January 12, 2017
Modern hydraulic fracturing combined with horizontal drilling is the technological engine behind surging U.S. oil and natural gas output which, combined with smart, effective regulation has transformed the United States from a passive consumer on the world energy stage to a leader in only a decade’s time.
Late last year America’s Natural Gas Alliance (ANGA) and the American Petroleum Institute (API) combined forces to highlight the role natural gas can play to ensure America’s energy security, create jobs, and provide the abundant and affordable energy consumers need all while providing environmental benefits.
Posted January 3, 2017
Posted April 28, 2015
New analysis of the performance of oil and natural gas stocks in public pension funds shows the importance of a healthy energy sector to the futures of millions of Americans – as well as the misguided nature of efforts to force institutions to end investments in oil and natural gas.
The first strengthens our country’s economy and makes more secure the future for a broad swath of people – starting with retired teachers, police officers and firefighters, among others – while the second most likely would do harm to a lot of regular Americans. ...
“In short, returns on state pension funds from investments in oil and natural gas companies provide strong earnings for public pension retirees, including America’s teachers, firefighters and police officers, according to the study,” said Kyle Isakower, API vice president of regulatory and economic policy, who briefed reporters during a conference call.