Oil giant Shell agrees to buy Canada’s ARC Resources for $16.4 billion

Shell’s Canada deal is biggest acquisition in a decade

Shell has agreed to buy Canadian producer ARC Resources for $13.6bn (€11.6bn), its biggest deal in more than a decade as it seeks to bolster fossil fuel reserves.

Shell Arc Deal Underscores Canada Appeal as Energy Supplier

Analysts say Shell's purchase of Canada’s Arc Resources marks a vote of confidence in Prime Minister Mark Carney’s push to expand the nation’s hydrocarbon exports.

‘Win-win’ deal; How a Canadian buyout is rescuing Shell’s dwindling oil reserves: expert

Shell’s acquisition of ARC Resources is a “win-win” deal that rescues the energy giant from running out of supply, while also significantly growing a Canadian company, says an oil expert.

Shell’s blockbuster deal underscores Canada’s rising role in global LNG

Shell is making its biggest acquisition in more than a decade, agreeing to buy Canadian producer ARC Resources for $13.6 billion in a deal that deepens its bet on natural gas and reinforces Canada as a strategic growth hub, Bloomberg writes.  The transaction expands Shell’s resource base, supports long-term production growth and strengthens supply for LNG Canada, the export project positioned to connect Canadian gas to Asian markets. It also mar…

Shell goes big on Canadian gas with $22B deal to buy ARC Resources

Oil giant Shell is acquiring Canadian energy company ARC Resources in a stock-and-cash deal valued at $22 billion, including assumed debt.

Shell is Acquiring a Canadian Energy Company for Nearly $14 Billion. Here's What it Could Mean for the Global LNG Market.

Shell is making its biggest acquisition in a decade.