Arc Resources Signs LNG Supply Agreement with Exxon Mobil

Exxon Mobil Corporation XOM has secured a long-term liquefied natural gas (LNG) supply deal with Canadian natural gas producer ARC Resources, marking its first major LNG offtake position on Canada’s ...
Under the agreement ExxonMobil LNG will purchase all of ARC's LNG offtake from the Cedar LNG Project at international LNG pricing, which will be approximately 1.5 million tonnes per annum.
Pembina Pipeline upgraded to Buy at Citi, which cites the stock’s 12% underperformance since the November 5 election in the U ...