Shell, Canada and ARC Resources
Digest more
Shell is making its biggest acquisition in a decade.
Shell Plc Chief Executive Officer Wael Sawan said oil and liquefied natural gas shortages caused by the Strait of Hormuz blockade could continue for months and potentially into next year.
British energy giant Shell announced on Monday it would acquire Canadian firm ARC Resources in a $16.4 billion deal, which would see it boost its access
ARC Resources jumps on major acquisition deal with Shell, boosting outlook for LNG and Canadian energy assets.
Shell is set to expand its reach in Western Canada with a deal to buy Arc Resources, a move expected to boost production at a time when Canada is looking to grow energy exports.
Shell’s ambitious hydrogen project takes a decisive step forward as the energy giant secures renewable electricity through strategic partnerships. The company has finalized power purchase agreements that will fuel its groundbreaking REFHYNE 2 ...