Shell’s ARC Deal Seen as Win for Mark Carney’s Pro-Oil Pivot
Shell Plc.’s acquisition of Canada’s ARC Resources Ltd. marks a vote of confidence in Prime Minister Mark Carney’s push to expand the nation’s hydrocarbon exports beyond the traditional US market,...
By Robert Tuttle, Mitchell Ferman · Bloomberg Markets
Shell Plc.’s acquisition of Canada’s ARC Resources Ltd. marks a vote of confidence in Prime Minister Mark Carney’s push to expand the nation’s hydrocarbon exports beyond the traditional US market, analysts say.