Shell to buy Canada’s ARC in output-boosting $16.4 billion deal
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0.156 · CENTER
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Article Excerpt
MONEY
Shell to buy Canada’s ARC Resources in output-boosting $16.4 billion deal
By Shadia Nasralla, Stephanie Kelly and Raechel Thankam Job Reuters
Posted April 27, 2026 1:28 pm
Updated April 27, 2026 2:08 pm
2 min read
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British energy giant Shell plc has agreed to buy Calgary-based energy company ARC Resources in a deal worth US$16.4 billion, in an effort to help make up for a predicted future production shortage. THE CANADIAN PRESS/AP/Frank Augstein
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