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2026-11-08

Six Canadian Oil Deals Above C$1bn Hit C$35bn in 2026, Shell-ARC Is 64% of It

Six Canadian Oil Deals Above C$1bn Hit C$35bn in 2026, Shell-ARC Is 64% of It

Key points

Canadian upstream oil deals above C$1bn, 2026, headline value | Six deals total C$35bn, with Shell's C$22.3bn purchase of ARC Resources making up 64%

Image source: @jackprandelli