API was formed in 1919 as a standards-setting organization and is the global leader in convening subject matter experts across segments to establish, maintain, and distribute consensus standards for the oil and gas industry. In its first 100 years, API has developed more than 700 standards to enhance operational safety, environmental protection and sustainability across the industry, especially through these standards being adopted globally.

API standards are developed under API’s American National Standards Institute accredited process, ensuring that the API standards are recognized not only for their technical rigor but also their third-party accreditation which facilitates acceptance by state, federal, and increasingly international regulators.

Since 1924, the American Petroleum Institute has been a cornerstone in establishing and maintaining standards for the worldwide oil and natural gas industry. Our work helps the industry invent and manufacture superior products consistently, provide critical services, ensure fairness in the marketplace for businesses and consumers alike, and promotes the acceptance of products and practices by industry and governments globally as outlined in the new

Standards enhance the safety of industry operations, assure quality, help keep costs down, reduce waste, and minimize confusion. They help speed acceptance, bring products to market quicker, and avoid having to reinvent the wheel every time a product is manufactured. Learn more about the

From: https://www.api.org/products-and-services/standards