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2026April › 27

ARC

56 days ago

Deal comes five years after Shell sold its North American shale business and is its biggest acquisition for a decade

Shell has agreed to buy Canadian shale producer ARC Resources for $16.4bn, five yea…

The transaction will add roughly 370,000 barrels of oil equivalent per day to Shell's portfolio and is designed to boost the firm's long-term production.
Deal will boost oil major’s production at a time when investors have queried the company’s growth

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