Shell PLC SHEL shares are trading lower Monday after the company said it agreed to acquire ARC Resources Ltd., a Montney-focused producer in British Columbia and Alberta, in a cash-and-stock ...
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Shell reverses course in Canada and buys ARC Resources for $14 billion, doubling down on oil and gas
Nearly a decade after selling its dirtier Canadian oil sands assets amid the global transition to clean energy, Big Oil giant Shell is reversing course in Canada and buying ARC Resources for nearly ...
Shell is set to expand its reach in Western Canada with a $13.6 billion deal to buy Arc Resources, a move expected to boost production at a time when Canada is looking to grow energy exports. The ...
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