Blockbuster $22B Shell-ARC deal bodes well for expansion to LNG Canada, experts say
CALGARY — Global energy heavyweight Shell PLC’s plan to buy one of Canada’s biggest natural gas producers bolsters the likelihood an expansion of the LNG Canada plant will move ahead, industry experts say. The deal to buy Calgary-based ARC Resources Ltd. is valued at $22 billion, accounting for the target company’s debt. It gets Shell […]
28 Apr 14:27 · CityNews