Total May Invest in Shale Gas Exploration in the U.K., CEO Says
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Total SA, Europe’s third-largest oil company, may invest in shale gas exploration in the U.K., Chief Executive Officer Christophe de Margerie said.
“We’re looking at it,” de Margerie told reporters in London today, without providing details. The U.K. is examining whether shale gas can compensate for the dwindling supplies from the North Sea, he said.