At the American Petroleum Institute’s annual State of American Energy event, API President and CEO Mike Sommers framed the ...

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

Semi-synthetic motor oils use a combination of mineral and man-made oil, while synthetic blends tend to have fewer impurities ...

Murphy Oil has made what analysts describe as the largest oil discovery in Southeast Asia in the past two decades, offering Vietnam a rare chance to reverse a long-running decline in crude production.

Good afternoon and happy Monday, Daily on Energy readers! We’ve got another busy week ahead of us, so we hope you got some ...

US oil inventories rose during the week ended Dec. 26, alongside increases in gasoline and distillate inventories, according to estimates by the American Petroleum Institute (API). The institute, in a ...

The possibility that Venezuela could eventually restore some of its oil production following the U.S. removal of the country’s leader may add longer-term downward pressure on global crude prices, ...

President Donald Trump said US oil companies will spend billions of dollars to rebuild Venezuela’s crumbling energy infrastructure after a military operation that led to the capture of Nicolas Maduro, ...