The transaction would boost Shell’s oil and gas production capabilities

Shell (NYSE: SHEL) is making a big splash. The global integrated energy giant has agreed to acquire Canadian energy company ARC Resources (TSX: ARX) for $13.6 billion. The deal wi

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 growth and stronger returns.

Shell bolstered efforts to revive its core oil and gas enterprise with a major acquisition of Canada's ARC Resources.

ARC Resources jumps on major acquisition deal with Shell, boosting outlook for LNG and Canadian energy assets.

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 under pressure from shareholders to increase output and revive its ageing reserves base,

Shell completes a $14 billion acquisition of a Canadian shale company. Crude oil to hit $90 by June at 68% YES.