Shell completes acquisition of ARC Resources

Bitget2026/10/29 07:04

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Shell completed its acquisition of ARC Resources on September 2, 2026, for USD 13.94 billion.
Consideration comprised USD 3.34 billion in cash and USD 10.6 billion in newly issued shares.
The acquisition adds approximately 370,000 barrels of oil equivalent per day of production and supports long-term LNG growth in Canada.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shell plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610290300HUGIN___UKPR_REG_GNW1001280567-en) on October 29, 2026, and is solely responsible for the information contained therein.

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