https://www.live-feeds.com/feed/suncor-to-sell-offshore-canada-oil-stakes-to-ithaca-for-842-millionContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/suncor-to-sell-offshore-canada-oil-stakes-to-ithaca-for-842-millionhttps://www.live-feeds.com/feed/suncor-to-sell-offshore-canada-oil-stakes-to-ithaca-for-842-million#u108410Wed, 07 Oct 2026 09:32:11 +0000Suncor Energy has agreed to sell its interests in three Canadian East Coast oil projects to London-based Ithaca Energy. The transaction involves upfront cash of $842 million, with valuations varying across different reports up to $1.5-billion. The deal marks Ithaca Energy's first international expansion and includes stakes in the Terra Nova, White Rose, and West White Rose projects. The sale aligns with Suncor's focus on shareholder value, and the transaction is expected to close in 2027.Why it mattersOil deals have taken center stage on the Toronto Stock Exchange, holding futures st