# Shell has agreed to buy Canadian energy company ARC Resources in a deal valued at $16.4 billion.

*business · news · 2026-04-27 · The Economic Times*

## Key points

- Shell is acquiring ARC Resources for $16.4 billion, including $2.8 billion in net debt.
- This acquisition boosts Shell's output by 370,000 barrels of oil equivalent per day.
- Shell gains 2 billion barrels of reserves and expects double-digit returns with higher cash flow per share from 2027.
- The deal lets Shell raise its annual production growth target for the decade from 1% to 4%.
- ARC's assets support Shell's LNG Canada project, providing access to Asian LNG markets more quickly.

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

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/international/business/shell-to-buy-canadas-arc-in-output-boosting-16-4-billion-deal/articleshow/130555746.cms)

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