Shell To Buy Canadian Energy Company ARC Resources For $16.4bn

  British energy giant Shell said Monday it would acquire Canadian company ARC Resources in a $16.4 billion purchase to boost its access to shale gas and liquids production. Advertisement googletag.cmd.push(function() { googletag.display("div-gpt-ad-1672569656851-0"); });   READ ALSO: Ibom Air Warns Of Looming Flight Reductions Over Aviation Price Hike “This establishes Canada as a heartland for Shell while furthering our strategy to deliver more value with less emissions,” said Shell CEO Wael Sawan in a statement.   Advertisement googletag.cmd.push(function() { googletag.display("div-gpt-ad-1672569913499-0"); });   AFP Join Our Whatsapp Channel To join: Simply click on the link below & turn on notifications to get the latest updates Subscribe to Our Newsletter In This Article: Britain Canada Enterprises Merger OIL More Stories UK Inflation Jumps In March As Mideast War Propels Energy Prices Shell Q1 Results Boosted By Soaring Oil Prices Major Sponsors Drop Kanye West London Gigs As PM Voices Concern /* * * CONFIGURATION VARIABLES: EDIT BEFORE PASTING INTO YOUR WEBPAGE * * / var disqus_shortname = 'channelstelevision'; // Required - Replace example with your forum shortname / * * DON'T EDIT BELOW THIS LINE * * */ (function() { var dsq = document.createElement('script'); dsq.type = 'text/javascript'; dsq.async = true; dsq.src = '//' + disqus_shortname + '.disqus.com/embed.js'; (document.getElementsByTagName('head')[0] || document.getElementsByTagName('body')[0]).appendChild(dsq); })(); Please enable JavaScript to view the comments powered by Disqus.

SOURCE: https://www.channelstv.com/2026/04/27/shell-to-buy-canadian-energy-company-arc-resources-for-16-4bn/