LSE:SHELOil and Gas
Shell (LSE:SHEL) Buys ARC Resources As It Doubles Down On LNG
Shell (LSE:SHEL) has agreed to acquire ARC Resources in a move that expands its access to North American gas for liquefied natural gas (LNG) projects.
The company is preparing to grow its LNG portfolio further through activity at Venezuela’s Dragon gas field.
Shell is exiting Indian renewables by selling its Sprng Energy business to Aditya Birla Renewables.
Shell sits at the center of global energy supply, with LNG a key part of its business model alongside oil and refined products. The ARC...