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Deals Rumor Mill: Total, Arco, Farallon

By Chelsea Naso (August 27, 2018, 5:06 PM EDT) -- France's Total SA is not weighing a potential investment in the U.S. shale oil industry, even after a fellow energy company inked a $10.5 billion deal for BHP Billiton Ltd.'s U.S. shale assets, Reuters reported Monday. Total's chief executive, Patrick Pouyanné, said that an entrance in the market is expensive, and the French energy group does not have the human capital it would need for such a move. His comments came on the sidelines of an oil conference, according to Reuters....

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