Fuel prices are displayed on a board at a Shell gas station in San Salvador, El Salvador, April 14, 2026. REUTERS/Jose Cabezas/File Photo

Event Overview

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

Updated 5 days ago
Reuters
Bloomberg
2 articles2 sources
Summary

target="_blank">Shell to acquire Canada's ARC in output-boosting $16.4 billion deal    Reuters This cluster currently includes 2 articles from 2 sources.

What This Means

This cluster currently includes 2 articles from 2 sources. Sources in this event include Reuters, Bloomberg.

Original Reporting (2)
Fuel prices are displayed on a board at a Shell gas station in San Salvador, El Salvador, April 14, 2026. REUTERS/Jose Cabezas/File Photo
Reuters
Reuters
Center
4/27/2026

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

Reporting by Shadia Nasralla, Stephanie Kelly and Raechel Thankam Job in Bengaluru; Editing by Vijay Kishore, Alexander Smith and Paul Simao Our Standards: The Thomson Reuters Trust Principles. , opens new tab Writes about the intersection of corporate oil and climate policy. Has reported on politics, economics.

Shell’s ARC Deal Seen as Win for Mark Carney’s Pro-Oil Pivot
Bloomberg
Bloomberg
Lean Left
4/27/2026

Shell’s ARC Deal Seen as Win for Mark Carney’s Pro-Oil Pivot

Shell Plc. ’s acquisition of Canada’s ARC Resources Ltd. marks a vote of confidence in Prime Minister Mark Carney ’s push to expand the nation’s hydrocarbon exports beyond the traditional US market, analysts say. One year into his premiership, the Canadian leader’s list of projects eligible for fast-track approval.