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Article CNBC Top Stories

Oil giant Shell to buy Canada’s ARC Resources for $16.4 billion in push to boost output

CNBC Top Stories April 27, 2026 · 1:57 pm Read Original
Strong Bullish 82.5
−100 Bearish 0 +100 Bullish
Oil giant Shell to buy Canada’s ARC Resources for $16.4 billion in push to boost output

The transaction will add roughly 370,000 barrels of oil equivalent per day to Shell's portfolio and is designed to boost the firm's long-term production.

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Article Info
Source CNBC Top Stories
Published Apr 27, 2026 · 1:57 pm
Article ID wdehkjr
Original URL Open source
Sentiment Signal
Strong Bullish 82.5
−100Neutral+100
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