Shell Canada has agreed to acquire ARC Resources in a cash and share deal under a definitive arrangement agreement. ARC Resources' board unanimously approved the transaction, which is subject to ...
After selling off a large chunk of its Canadian assets nearly a decade ago, U.K.-based energy giant Shell is now expanding its operations in Alberta and British Columbia by acquiring Calgary-based ARC ...
Shell PLC SHEL-N is acquiring ARC Resources Ltd. ARX-T in a US$16.4-billion deal, boosting its holdings in a basin that supplies gas to LNG Canada as the British company mulls an expansion of a ...
Oil giant Shell has signed a $22-billion deal to acquire ARC Resources Ltd., bringing together the lead partner in Canada's first operating liquefied natural gas project with a major producer in one ...
CALGARY (Reuters) -Shell Canada's decision on whether to pursue Phase 2 of LNG Canada will depend on other opportunities that are available, President Stastia West said on Tuesday at a conference. LNG ...
The transaction will add roughly 370,000 barrels of oil equivalent per day to Shell's portfolio and is designed to boost the ...
The Montney is emerging as a hot oil and gas play as U.S. shale basins mature.
Shell’s $16.4 billion acquisition of ARC Resources is set to increase production, expand reserves, and reinforce its long-term strategy, reflecting a broader shift by energy majors toward oil and gas ...
Shell Plc agreed to buy Canadian oil and gas producer ARC Resources Ltd. for $13.6 billion, its biggest deal in more than a decade as it seeks to sustain output in the long term.Most Read from ...
Shell bets on Canadian gas and gas condensate with a major acquisition that sets up fresh feedstock for the possible ...
British energy giant Shell plc has agreed to buy Calgary-based energy company ARC Resources in a deal worth US$16.4 billion, including debt.
By Shadia Nasralla and Stephanie Kelly LONDON, April 27 (Reuters) - Shell has agreed to buy Canadian energy company ARC Resources in a $16.4 billion deal which the British oil and gas major said on ...