Browsing Tag
LNG Canada
18 posts
Shell-led LNG Canada could double to 28 mtpa as Phase 2 decision nears
Shell and its LNG Canada partners could make a final investment decision on Phase 2 as early as October, potentially doubling the British Columbia export terminal from 14 million to 28 million tonnes per annum as Asian buyers place greater value on geographically diversified gas supplies.
ARC Resources exits TSX after Shell completes one of Canada’s biggest energy deals
Shell has completed its acquisition of ARC Resources at an updated US$16.5 billion enterprise value, immediately adding roughly 370,000 boe/d of Canadian production. About three-quarters of the equity consideration is being paid in Shell shares, while management expects the transaction to become accretive to free cash flow per share from 2027.
Shell earnings reach $9.8bn as refining boom funds another $3bn buyback
Shell posted $9.8 billion in adjusted earnings as record refining, higher prices and strong cash flow supported buybacks and expansion.
Shell’s $16.4bn ARC Resources (TSX: ARX) acquisition clears shareholder vote
ARC Resources shareholders approved Shell’s $16.4 billion takeover, bringing Montney gas scale closer while testing dilution, integration and LNG returns.
LNG Canada’s landmark Indigenous equity option lands ahead of Phase 2 FID target
LNG Canada opens up to C$1bn Phase 2 storage tank ownership to five First Nations via MNT Investments; deal conditional on Shell-led JV FID by end of 2026.
MidOcean Energy attracts $1.13bn Abu Dhabi commitment for global LNG expansion
Discover why an Abu Dhabi investment platform is committing $1.13bn to MidOcean Energy and what it means for global LNG acquisitions. Read more now.
Fluor’s LNG Canada Phase 2 notice puts Kitimat back at the centre of North American LNG growth
Canada has gas and Asia wants supply security. LNG Canada Phase 2 now tests whether Kitimat can become a larger Pacific export gateway.
Shell (LSE: SHEL) gains 0.27% as billion-barrel oil deficit thesis holds firm into AGM next Tuesday
Sawan says the oil deficit is deepening every day. ARC just added 370,000 boe/d. The May 19 AGM is where Shell's capital return discipline meets war-time arithmetic.
Shell (SHEL) delivers $6.9bn Q1 profit as Iran war volatility powers trading engine, ARC Resources deal reshapes strategy
Shell plc's Q1 profit doubled to $6.9 billion as Iran war volatility powered trading desks. The harder question is what happens when peace breaks out.
Shell (NYSE: SHEL) to acquire ARC Resources in $16.4bn Montney bet
Shell just abandoned its 1% production growth promise. The Montney is now its growth engine, and 228 million new shares are the price.