Api News

 

U.S. House Panel Subpoenas Big Oil in Climate Deception Probe

Nov 03, 2021

The head of a U.S. House panel on Tuesday subpoenaed four major oil companies and two lobbying groups for documents related to their actions on global warming as part of a year-long probe into potential climate deception by the energy industry.Representative Carolyn Maloney, a Democrat and the chairwoman of the House Committee on Oversight and Reform, issued subpoenas to Exxon Mobil Corp, Chevron Corp…

US Appeals Court Orders Gulf Lease Auction Within 37 Days

Nov 14, 2023

A U.S. appeals court on Tuesday ordered that a postponed federal auction of drilling rights in the Gulf of Mexico be held within 37 days, a setback for environmentalists seeking expanded protections for the endangered Rice's whale.According to court papers…

US Postpones Gulf of Mexico Oil and Gas Auction Due to Litigation

Nov 02, 2023

The Biden administration on Thursday postponed a Nov. 8 sale of offshore drilling rights in the Gulf of Mexico pending the outcome of a lawsuit over oil and gas development and federal protection of an endangered species of whale.The move comes after a U…

Maersk Supply Service Selects Inmarsat Fleet Data IoT for Battery-powered AHTS

Nov 02, 2023

Danish offshore vessel owner Maersk Supply Service has selected the Fleet Data IoT platform from Inmarsat Maritime, a Viasat business, to help optimize the performance of its first vessel battery installation onboard the Maersk Minder anchor handler…

CRP Subsea to Supply Cable Protection System for Offshore Wind Farms in Taiwan

Sep 19, 2023

CRP Subsea, an AIS company, has been awarded a contract by Ørsted to provide NjordGuard, an integrated cable protection system, for the Greater Changhua 2b & 4 offshore wind farms in Taiwan. CRP Subsea will supply a total of 142 NjordGuard cable protection systems…

Brent Oil Hovers Over $80 as Inflation Worries Ease

Jul 19, 2023

Global oil benchmark Brent hovered above $80 on Wednesday, buoyed by China's pledge to reinvigorate economic growth and expectations that the U.S. Federal Reserve will stop raising interest rates soon.Brent futures rose 38 cents at $80.01 a barrel by 0956 GMT…

API 19CI Qualified Retrievable Injection Valve Installed on NCS

Jun 16, 2023

TCO, a supplier in advanced downhole chemical injection systems, announced the development and installation of the API 19CI Qualified FNR (Fall through protection, Non-return, Retrievable) injection valve.The installation, for a major Norwegian Operator…

Interventek to Supply 20,000 psi Open-Water Well Intervention Valves to Trendsetter Engineering

May 10, 2023

Aberdeen-based subsea intervention technology company Interventek will supply 20,000 psi open-water well intervention shear and seal valves to Houston-based Trendsetter Engineering, Inc based in Houston.The agreement allows Trendsetter exclusive global rights to deploy the 20K…

Oil Rises on IEA Demand Forecast

Oct 14, 2021

Oil prices rose by about 1% on Thursday after the International Energy Agency said that record natural gas prices will boost demand for oil and top oil producer Saudi Arabia dismissed calls for additional OPEC+ supplies.Brent crude futures gained 87 cents…

Oil Shoots Past $83 a Barrel, Hitting a Multi-year High

Oct 06, 2021

Oil hit a multi-year high on Wednesday above $83 a barrel, supported by OPEC+'s refusal to ramp up production more rapidly against a backdrop of concern about tight energy supply globally.The market later unwound those gains due to an American…

US House Panel to Probe Oil Companies Over Climate Disinformation

Sep 16, 2021

U.S. Democratic lawmakers on Thursday asked the chiefs of four major fossil fuel companies and two lobbying groups to testify next month on whether the industry led an effort to mislead the public and prevent action to fight climate change.House…

Oil Industry Groups Sue Biden Administration over Drilling Auctions Halt

Aug 17, 2021

Major U.S. oil industry groups on Monday sued the Biden administration for halting drilling auctions on federal lands and waters this year, arguing the government is required by law to hold regular sales.The American Petroleum Institute (API)…

BP to Remain API Member after Climate Stance Shift

May 10, 2021

BP said on Monday it will remain a member of the American Petroleum Institute (API) after the largest U.S. oil and gas trade lobby group addressed some differences with the British energy company over climate change.BP, which plans to sharply…

Total Withdraws from American Petroleum Institute over Differing Views on Climate Change

Jan 15, 2021

French oil major Total has decided not to renew its membership with the U.S. oil and gas industry association American Petroleum Institute (API), over the differing climate positions, as well as over API's support for candidates who oppose Paris Agreement…

API Names Upstream Policy VP, and New Head of Center for Offshore Safety

May 19, 2020

U.S. oil industry group the American Petroleum Institute (API) has appointed Lem Smith as Vice President of Upstream Policy. Also, API said that former U.S. Coast Guard Captain Russell Holmes has been named Director of the Center for Offshore Safety (COS)…

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