Total SE became the first oil major to quit the influential American Petroleum Institute due to aclash on climate change policy, a sign of the pressure the U.S. lobby group is likely to come underas Washington is about to again embrace the Paris climate agreement.The move by Total is likely to increase pressure on BP Plc and Royal Dutch Shell Plc to follow suitunless the API changes its views. On Friday, Shell said it was beneficial to remain a member of thegroup, while BP said it remained committed to influencing organizations from within and didn’tannounce immediate plans to leave API.
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