The American Petroleum Institute’s CEO also spoke Tuesday about the oil potential in Iran and Venezuela amid global ...

The API is aiming for a 2027 rollout of the new engine oil spec, which is meant to enhance performance standards.

WASHINGTON — As the United States enters an energy inflection point, the country’s oil and gas producers indicate they are ...

U.S. crude oil futures were unchanged on from post-settlement levels Tuesday after the American Petroleum Institute reported a much larger build in U.S. weekly crude supplies.

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, ...

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 ...

U.S. crude oil futures fell further below post-settlement levels Tuesday despite the American Petroleum Institute showing a surprise draw in U.S. weekly crude supplies.

American Petroleum Institute (API) CEO, Mike Sommers, alongside other industry leaders like TotalEnergies' Patrick Pouyanne, ...

The American Petroleum Institute (API) announced progress in the development of its new Proposed Category 12 (PC-12) heavy-duty engine oil specification, clearing several key steps toward formal ...

The American Petroleum Institute predicts that worldwide energy demand will increase 50% over the next decade.