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Shell Strikes $16.4 Billion Deal to Acquire ARC Resources, Expanding Canadian Gas and LNG Footprint

  • Last Updated on April 28, 2026

Shell plc has announced a landmark agreement to acquire Canadian energy producer ARC Resources Ltd. in a deal valued at approximately $16.4 billion (USD), marking the company’s largest acquisition in over a decade and a decisive move to strengthen its long-term position in natural gas and liquefied natural gas (LNG). The transaction, which includes a

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