Total – French Oil Giant Quits American Petroleum Institute (API)

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According to the Washington Post, Total is the first major petroleum company to leave the influential trade group, the American Petroleum Institute (API).

Question:

  1. Why did Total leave the influential API trade group?’
  2. What other oil companies have left trade groups? Name the trade groups and companies.
  3. How much has Total invested in the U.S. over the past five years?
  4. What is Total’s role in exporting liquefied natural gas in the U.S.?
  5. In what U.S. firm does Total maintain a position as major stakeholder?

Source:

Mufson, S. (2021) French oil giant Total quits American Petroleum Institute. The Washington Post, Jan. 15 (Retrievable online at https://www.washingtonpost.com/climate-environment/2021/01/15/french-oil-giant-total-quits-american-petroleum-institute/)

The logo of French oil and gas company Total. (Pascal Rossignol/Reuters)