API MEMBERS ADOPT ENVIRONMENTAL PRINCIPLES

04/16/1990
American Petroleum Institute member companies have adopted a set of environmental principles, reemphasizing their commitment to safe, ecologically sensitive operations. API directors, representing all U.S. major oil companies, unanimously adopted the principles. They now become part of API bylaws, and thereby a condition of membership. API Chairman Allen E. Murray, also Mobil Corp. chairman, president, and chief executive officer, said the oil industry shares the public's concern about the environment. "At the same time," he said, "we firmly believe that the nation can have environmental protection and economic grow...
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