Shell buys Canadian shale producer ARC for $16bn
Deal will boost oil major’s production at a time when investors have queried the company’s growth
Deal will boost oil major’s production at a time when investors have queried the company’s growth

FTSE 100 energy company boosted by gas trading rebound and launch of Canada LNG project

Deal would be the largest oil and gas merger in two years

Chief executive Wael Sawan has been focused on improving Shell’s financial performance and share buybacks

SM Energy and Civitas Resources announce all-stock ‘strategic combination’

New production from Texas will take months as drillers use windfall from price rise to pay investors

Potential acquisition displaces earlier agreement to merge with competitor Flowserve