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

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

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

One of the U.S. oil lobby’s top priorities for 2026 will be trying to put an end to the growing number of state laws and ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 5.27 million barrels in the week ending January 9.

January 1, 2027, will be the first license date for two new heavy-duty engine oil categories, if all goes as planned.

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

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

Preparing for EPA 2027? API’s new PC-12 spec (CL-4 and FB-4) introduces ultra-low viscosity 0W-20 oils and stricter emissions ...

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, ...

American Petroleum Institute President Mike Sommers indicated the industry is more open to helping in Iran than it has been ...