EPISODE · May 4, 2026 · 1 MIN
Shell's $16B ARC Deal, LNG Stake Sale: Canada's Energy Rush
from The Daily News Now! Business
Shells $16.4 billion acquisition of ARC Resources boosts daily output and secures supply for LNG Canada, while potential stake sale to KKR, Apollo, or Blackstone highlights Canadas stable energy flow amid Middle East chaos. Other majors like TotalEnergies, Equinor, ConocoPhillips, and BP are also eyeing Canadian targets, as Japans JERA seeks North American gas. This shift marks a reversal from 2019, when Big Oil abandoned Canada due to emission rules and investor pressure, now drawn to Canadas vast reserves and friendlier government stance. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5c499fe6e2a9fd29
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Shell's $16B ARC Deal, LNG Stake Sale: Canada's Energy Rush
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