{"id":82989,"date":"2026-07-14T19:14:10","date_gmt":"2026-07-14T19:14:10","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/82989\/"},"modified":"2026-07-14T19:14:10","modified_gmt":"2026-07-14T19:14:10","slug":"arc-resources-shareholders-approve-shells-22b-acquisition-proposal","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/82989\/","title":{"rendered":"ARC Resources shareholders approve Shell’s $22B acquisition proposal"},"content":{"rendered":"

<\/a> Wudang, a liquefied natural gas (LNG) tanker, fills up at an LNG Canada facility, in an aerial view, in Kitimat, B.C., on Thursday, Nov. 13, 2025. THE CANADIAN PRESS\/Ethan Cairns – The Canadian Press <\/p>\n

CALGARY \u2014 ARC Resources Ltd. says its shareholders have voted in favour of a previously announced plan that would see global energy heavyweight Shell PLC acquire the Calgary-based natural gas producer. <\/p>\n

The deal, announced in April, is valued at $22 billion, accounting for the target company’s debt. <\/p>\n

It would give Shell access to ARC’s holdings in the prolific Montney shale formation that last year produced 374,000 barrels of oil equivalent per day. <\/p>\n

ARC says 99.54 per cent of voting shareholders approved the proposed transaction during a special meeting on Tuesday. <\/p>\n

The deal is expected to close in the second half of this year once it receives all regulatory and court approvals needed. <\/p>\n

The company says it has obtained three key regulatory approvals so far, including those under the Competition Act, Canada Transportation Act, and the United States’ Hart-Scott-Rodino Antitrust Improvements Act of 1976. <\/p>\n

This report by The Canadian Press was first published July 14, 2026. <\/p>\n

Companies in this story: (TSX:ARX) <\/p>\n

The Canadian Press <\/p>\n","protected":false},"excerpt":{"rendered":"Wudang, a liquefied natural gas (LNG) tanker, fills up at an LNG Canada facility, in an aerial view,…\n","protected":false},"author":2,"featured_media":82990,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[20685],"tags":[21137,20902,1150,4496,36675],"class_list":["post-82989","post","type-post","status-publish","format-standard","has-post-thumbnail","category-shell","tag-arc-resources-ltd","tag-liquefied-natural-gas","tag-shell","tag-shell-plc","tag-the-canadian-press"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116919930916955152","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/82989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=82989"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/82989\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/82990"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=82989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=82989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=82989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}