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(World Oil) – The AmericanPetroleumInstitute today joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. Outer Continental Shelf as a secure source of affordable, reliable energy.
Brent Crude $66.90 +0.65% NaturalGas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS North America Drops More Rigs by Andreas Exarheas | Rigzone Staff | Monday, June 09, 2025 | 10:13 AM EST North America cut two rigs week on week, according to Baker Hughes' latest North America rotary rig count.
million in damages for diversion of more than ten million cubic feet of gas. Red Willow Offshore, LLC and Medco Energi US, LLC (collectively, “Red Willow”) were co-working interest owners of a naturalgas well without the facilities to produce the well. The court also considered state regulations and industry standards.
“We don’t see it as a likely scenario at this time, but given the precarious state that the Iran regime is in right now, I think everybody should be watching” the waterway, Mike Sommers, the president of the AmericanPetroleumInstitute, said in a Bloomberg television interview. a barrel at 3:06 p.m.
oil producers will meet with President Donald Trump next week, leading industry group the AmericanPetroleumInstitute said on Wednesday. Among the topics for discussion are tariffs, trade and exports of liquefied naturalgas, an industry source told Reuters.
(World Oil) –Leaders from the National Ocean Industries Association (NOIA), AmericanPetroleumInstitute (API) and the Independent Petroleum Association of America (IPAA), issued statements today in support of the U.S. House of Representatives passage of the 2025 tax reconciliation bill.
Read more Republican states sue Biden over drilling limits Summary : Several Republican-led states, including Mississippi, Alaska, Louisiana, Alabama, and Georgia, along with the AmericanPetroleumInstitute, have filed a lawsuit against the Biden administration challenging its restrictions on offshore oil and gas drilling.
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