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

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

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

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, ...

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

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

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

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.

The American Petroleum Institute (API) announced progress in the development of its new Proposed Category 12 (PC-12) ...

API Spec 6A is among the oil and gas industry’s most technically rigorous standards and a critical requirement for Middle ...

Glencore (GLNCY) could gain from renewed Venezuelan oil flows and heavy crude demand. Read the latest analysis on the stock ...