Shell completes acquisition of ARC Resources

Shell plc has completed the previously announced agreement (the “Arrangement Agreement”) to acquire ARC Resources Ltd. (“ARC”) (TSX: ARX), an energy company focused in British Columbia and Alberta, Canada, following receipt of all required shareholder, court and regulatory approvals. The acquisition accelerates Shell's strategy by adding approximately 370 kboe/d immediately across liquids and gas, supporting a production compound annual growth rate (CAGR) of around 4% through to 2030 compared with 2025.

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First cargo from LNG Canada makes Canadian history

Bound for Asia, this monumental milestone transforms the energy future of both Shell in Canada and our country as a whole.

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