Shell has acquired ARC Resources, a move that appears to be part of a strategy to focus on oil and gas, and specifically liquefied natural gas (LNG). At the same time, the company is selling its India renewables business, Sprng Energy. The details of the transactions, including the price of the ARC Resources acquisition, are not consistent across reports, with some indicating it was bought for $14 billion and the Sprng Energy sale for $1.8 billion.