# Shell's acquisition of Canada's ARC Resources Ltd. marks a vote of confidence in PM Mark Carney's push to expand the nation's hydrocarbon exports beyond the traditional US market.

*business · news · 2026-04-27 · Bloomberg*

## Key points

- Shell Plc. is acquiring Canada's ARC Resources Ltd. in a significant industry deal.
- The acquisition signals Shell's confidence in Prime Minister Mark Carney’s hydrocarbon export strategy.
- Carney’s fast-track project list now includes expansion of the Shell-led LNG Canada export facility.
- Canada's government plans to relax environmental regulations to speed up hydrocarbon infrastructure projects.

**Companies:** Shell Plc., ARC Resources Ltd.
**Countries:** Canada

[Read the full story on Bloomberg](https://www.bloomberg.com/news/articles/2026-04-27/shell-s-arc-deal-seen-as-win-for-mark-carney-s-pro-oil-pivot)

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