Shell has temporarily suspended its $3 billion share buyback program until July 14, 2026, as it works through regulatory and technical requirements related to its $16.4 billion acquisition of ARC Resources. The deal will add approximately 370,000 boe/d of production from ARC’s Montney assets in Alberta and British Columbia, strengthening Shell’s long-term natural gas and LNG growth strategy.
Shell Canada’s recent Alberta facility amendment — centered on a major compressor and gas-processing upgrade — suggests the company is preparing its infrastructure for higher future volumes rather than maintaining legacy production. Facility permits of this scale are often the earliest signal of renewed drilling activity, indicating Shell may be positioning itself to resume Alberta drilling in 2025.
Shell Plc. signed a long-term deal to buy liquefied natural gas from a Canadian floating export facility to serve energy markets in Asia.
Royal Dutch Shell to walk away from the Netherlands amid deteriorating relations with what’s been its home country for a century.
hell announced a proposal to build a large-scale carbon capture and storage (CCS) project at its Scotford Complex near Edmonton. This would be a key step in transforming Scotford into one of five energy and chemicals parks for Shell around the world, providing customers with lower-carbon fuels and products into the future, such as hydrogen.
Royal Dutch Shell Plc’s head expects clean energy to make up half of the company’s energy mix “somewhere in the next decade.”
