
Obama outlines new domestic energy plans; API responds
The President’s plan includes increased development in the Gulf of Mexico and Alaska, as API recognises the strategy as progressive, but with significant limitations.
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The President’s plan includes increased development in the Gulf of Mexico and Alaska, as API recognises the strategy as progressive, but with significant limitations.

API believes that the new study understates the potential damage that would be caused should taxes on the US oil and gas industry be raised.

Charles T. Dreva issues a statement strongly criticising Senate proposals to eliminate tax deductions for oil and has producers and refiners.

API president and CEO said the plans would damage the American economy and energy security.

The program for the annual event held in Denver, Colorado on May 24 – 27 is released.

API’s senior tax advisor warns that higher taxes will not help to lower prices, and could damage the US economy.

American Petroleum Institute president comments on efforts to develop US oil and natural gas resources.

Charles T. Drevna releases a statement following the markup hearing of anti-terrorism standards for chemical facilities.

API president believes the study’s finding are especially relevant given the current debate on energy taxes and access to domestic reserves.

As first quarter earnings are made public, API states that the oil and gas industry’s importance to the US economic recovery should not be understated.

Aker Construction, Inc. has been awarded a contract for the installation of the new V & M seamless pipe mill in Youngstown, Ohio, US.

The latest EIC Monitor tracking new active and future projects across the global energy industry shows positive signs of growth across all sectors this quarter (Q1:January – March 2011), with the total number of new project announcements up 29% on the previous quarter.