CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Suncor to sell Canadian offshore assets to Ithaca for $1.08 billion

By Reuters News01:13 (UTC), 5 October 2026 Updated

Oct 4 (Reuters) - Canada's Suncor Energy SU.TO agreed to sell its interests in the Terra Nova, White Rose and West White Rose offshore oil assets to London-based Ithaca Energy ITH.L for C$1.2 billion ($841.69 million) in upfront cash, with an additional contingent payment of up to C$350 million, the companies said on Sunday.

($1 = 1.4257 Canadian dollars)

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