TSX:ARX 27 April 2026 - 2 May 2026

Shell Plc Bets Bigger On Gulf Of Mexico As Ineos Tie-Up Puts Fort Sumter Back In Play
······

Shell Plc Bets Bigger On Gulf Of Mexico As Ineos Tie-Up Puts Fort Sumter Back In Play

Shell and Ineos Energy are advancing oil and gas exploration near the Appomattox platform in the Gulf of Mexico, including development of the Fort Sumter discovery, The Times reported. The move comes as Shell faces scrutiny over reserve replacement and follows its $14 billion deal to buy Canada’s ARC Resources. Ineos gained its Appomattox stake after acquiring CNOOC’s Gulf assets in April 2025. Shell holds a 79% interest in Appomattox, Ineos 21%.
May 4, 2026
Shell Plc’s $15 Billion LNG Canada Prize Draws Wall Street Bidders After Export Record
········

Shell Plc’s $15 Billion LNG Canada Prize Draws Wall Street Bidders After Export Record

LNG Canada exported over 1 million metric tons of liquefied natural gas in April, its first month above that level. Apollo, Blackstone, and KKR are bidding for a Shell stake in the project, with offers expected to exceed $10 billion. Shell agreed April 27 to buy ARC Resources, adding 370,000 barrels of oil equivalent per day to its portfolio. All April LNG Canada cargoes went to Asia, mostly South Korea and China.
May 2, 2026
Shell Plc’s $15 Billion LNG Canada Stake Fight Puts Its Canada Bet in Focus
·········

Shell Plc’s $15 Billion LNG Canada Stake Fight Puts Its Canada Bet in Focus

Apollo Global Management, Blackstone, and KKR are bidding for a stake in Shell’s LNG Canada project, with the deal valued between $10 billion and $15 billion, Reuters reported. Shell owns 40% of the Kitimat project and recently agreed to buy ARC Resources for $16.4 billion. Shell said it bought over 1.4 million shares for cancellation on April 30. The company’s $3.5 billion buyback program ends May 1.
May 1, 2026
FTSE 100 Falls Again as Oil Shock Puts UK Stock Market on Edge Today
·······

FTSE 100 Falls Again as Oil Shock Puts UK Stock Market on Edge Today

The FTSE 100 fell 0.6% to 10,321.09, marking its sixth straight loss, as energy and consumer stocks dropped. Shell slid 1.7% after announcing a $16.4 billion deal to buy Canada’s ARC Resources. Sainsbury lost 3.3% following a Goldman Sachs downgrade, while Marks & Spencer dropped 4.7%. Brent crude rose 3% to $108.46 a barrel as U.S.-Iran talks stalled.
April 27, 2026