API (American Petroleum Institute)

The American Petroleum Institute (API) is a major trade organization in the United States that represents the oil and natural gas industry. It develops industry standards, advocates for policies, and provides resources to ensure safe and efficient practices in energy production. API also conducts research and promotes sustainability and environmental responsibility within the industry. By setting guidelines and benchmarks, API helps companies ensure product quality and safety, benefiting both the industry and consumers. It plays a crucial role in shaping energy policy and fostering innovation in the sector.