The Financial Express

Shell’s $16.4 billion bet on ARC: What it means for production, profits and strategy

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 to acquire Canada's ARC in output-boosting $16.4 billion deal

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 ...

Shell snaps up Canadian energy firm ARC for $16.4bn in bid to boost production

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 ...
CNBC

Oil giant Shell to buy Canada’s ARC Resources for $16.4 billion in push to boost output

Shell said it has agreed to buy Canada’s ARC Resources in a deal valued at $16.4 billion. The transaction is expected to boost Shell’s long-term oil and gas production. ARC Resources is a company ...