Noun
/əˈmɛrɪkən pəˈtroʊliəm ɪnˈstityut/
The American Petroleum Institute (API) is a national trade association that represents the oil and natural gas industry in the United States. It plays a critical role in advocating for policies that enhance the industry, and it contributes to standards development and research initiatives in the sector. It is commonly used in discussions surrounding energy policy, environmental regulations, and industry statistics.
In terms of frequency, the term is often employed in both oral and written contexts, particularly in industry-related discussions, reports, and news articles.
Translation: Американский институт нефти объявил новые рекомендации по процедурам безопасности в нефтяных разведках.
Many debates on energy policy in Congress reference the American Petroleum Institute's positions.
Translation: Во многих дебатах по вопросам энергетической политики в Конгрессе упоминаются позиции Американского института нефти.
The American Petroleum Institute has been influential in shaping regulatory frameworks for the industry.
The phrase "American Petroleum Institute" is primarily used in a formal context and does not typically appear in idiomatic expressions. However, the API itself may be referenced in various professional discussions and can yield wider implications in industry contexts.
Translation: Американский институт нефти часто устанавливает стандарты для отраслевых практик, которые компании следуют.
Decisions made by the American Petroleum Institute can have far-reaching effects on energy prices.
Translation: Решения, принятые Американским институтом нефти, могут иметь далеко идущие последствия для цен на энергию.
The research published by the American Petroleum Institute is considered highly credible within the energy sector.
The American Petroleum Institute was founded in 1919, and its name reflects its focus on the petroleum (oil) industry. The term "petroleum" comes from Latin "petra" meaning rock and "oleum" meaning oil. The "American" part signifies its national focus within the United States.
In context, the American Petroleum Institute may refer to similar organizations, such as the International Association of Oil & Gas Producers or local oil trade associations, but these are different entities focusing on broader or regional aspects of the industry.