# Shell has agreed to buy Canadian shale producer ARC Resources for $16.4bn.

*business · news · 2026-04-27 · The Guardian*

## Key points

- Shell is acquiring ARC Resources for $16.4bn, its biggest deal since BG Group in 2015.
- The ARC Resources acquisition will increase Shell's production growth rate from 1% to 4% annually.
- The deal adds about 370,000 barrels per day and 2bn barrels to Shell's reserves.
- This acquisition marks Shell's strategic return to North American shale after selling Permian assets in 2021.

**Companies:** Shell, ARC Resources
**Countries:** Canada, United Kingdom

[Read the full story on The Guardian](https://www.theguardian.com/business/2026/apr/27/shell-to-buy-canadian-shale-producer-arc-resources-for-164bn)

---

Canonical: https://newsio.io/n/460c8f75-8e51-480e-93e6-9a62c1fad5dd/shell-has-agreed-to-buy-canadian-shale-producer-arc-resources-for-16-4bn-the-dea
Summarized by Newsio from The Guardian. https://newsio.io/how-it-works