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 ...

The transaction will add roughly 370,000 barrels of oil equivalent per day to Shell's portfolio and is designed to boost the ...

Shell's bold $16.4 billion acquisition of ARC Resources, a Canadian energy powerhouse, is poised to reshape the landscape of the oil and gas industry. This strategic acquisition not only amplifies ...

Shell is to buy Canadian shale producer ARC Resouces in a $16.4bn deal that the oil major says will boost its production and deliver “value for decades”. The London-listed oil major, which has been ...