FTSE 100 news / Companies and sectors / Ithaca Energy / 6 October 2026
Ithaca Energy (ITH): news on Tuesday 6 October 2026
+8.7 strongly positive
Coverage was dominated by Ithaca's acquisition of Suncor's Canadian offshore oil stakes, its first overseas deal, and shares rose around 3% on the news. The tone is positive, with only minor caveats such as labour talks at Terra Nova.
What drove it
- Suncor Canada acquisition
- share price rally
- international expansion
The 34 stories
- +10.0 'Transformational' Ithaca Energy deal to provide North American foothold
Described as transformational, gives North American foothold - +10.0 Ithaca to expand into Canada with $860m Suncor asset acquisition
Expansion into Canada via acquisition - +10.0 Why is Ithaca Energy stock rallying today?
Shares rallying on the acquisition - +10.0 London close: FTSE gains; Ithaca jumps on acquisition
Shares jump on acquisition, lifting FTSE - +9.7 British Equities Start Week in Green; Ithaca Energy Shines
Ithaca shines in market gains - +9.7 FTSE 100 movers: Ithaca rallies on acquisition; IG Group falls again
Ithaca rallies on acquisition - +9.7 Ithaca Energy Jumps 3% After Striking $860 Million Deal for Suncor's Canadian Offshore Fields
Shares jump 3% after deal - +9.7 Ithaca Energy shares rise 3% on $860 mln Suncor Canada asset deal
Shares up 3% on asset deal - +9.7 Ithaca expands abroad for first time with $860m Canada deal
First overseas expansion via Canada deal - +9.2 Ithaca Energy Buys Suncor’s Offshore Canada Assets as Shares Rise 2.7%
Acquisition with shares up 2.7% - +9.2 Ithaca signs $860m Canada oil deal
Major acquisition expanding Ithaca's asset base - +9.2 Ithaca buys Suncor offshore oil stakes in first overseas deal
First overseas deal for Ithaca - +8.7 London midday: FTSE ticks higher as Ithaca Energy, BT Group gain
Ithaca shares gain at midday - +8.3 British oil giant ploughs £650m into Canada as it looks beyond high tax North Sea
Investment in Canada diversifies away from high-tax North Sea - +8.3 Suncor sells its Newfoundland offshore assets to Ithaca Energy for C$1.2 billion
Ithaca acquires Newfoundland offshore assets - +8.3 Ithaca Energy buys stakes in Terra Nova and White Rose
Ithaca buys stakes in Terra Nova and White Rose - +8.3 Suncor is selling its offshore Canada oil assets to Ithaca Energy for up to C$1.55 billion
Ithaca is buyer of Suncor offshore assets - +8.3 Ithaca Energy acquires Canadian oil assets for $860m
Acquires Canadian oil assets - +8.3 Delek-backed Ithaca buys into Canadian oil fields for up to $1.11 billion
Ithaca buys into Canadian oil fields - +8.0 British oil giant to drill in Canada as it looks beyond high tax North Sea
Canada drilling move beyond high-tax North Sea - +8.0 Suncor Energy to Sell Terra Nova, White Rose Offshore Stakes to Ithaca Energy for CA$1.55 Billion
Ithaca to acquire Terra Nova and White Rose stakes - +7.5 Suncor Sells Assets off Canadian East Coast to Ithaca
Ithaca acquires Suncor East Coast assets - +7.5 Suncor sells offshore oil assets to Ithaca for US$842 million
Ithaca buys offshore oil assets - +7.5 Ithaca Energy plc entered into an agreement to acquire Portfolio of conventional offshore oil assets located in Newfoundland and Labrador, Canada from Suncor Energy Inc. (TSX:SU) for $1.1 billion.
Factual report of acquisition agreement - +7.5 Suncor Sells Canadian East Coast Offshore Stakes to Ithaca Energy for $1.2 Billion
Ithaca buys Suncor East Coast stakes - +7.0 Suncor selling non-core offshore assets to Ithaca Energy
Ithaca buying non-core assets from Suncor - +6.7 Daily market update: Metlen, BT, Ithaca Energy
Named among daily movers after the deal - +6.7 Suncor sells stakes in several Newfoundland offshore oil projects to Ithaca Energy
Ithaca named buyer of Newfoundland stakes - +5.8 Suncor selling off stakes in N.L.’s Terra Nova, White Rose and West White Rose for $1.2B
Seller-focused report of assets going to Ithaca - +5.8 Suncor Energy Inc. (SU:CA) Ithaca Energy plc, - M&A Call - Slideshow (TSX:SU:CA) 2026-10-05
M&A call on the deal - +4.2 One oilsands major sells off N.L. offshore assets, another bulks up Alberta holdings
Deal covered mainly from seller's perspective - +2.5 Ithaca Energy Reinvests Executive Dividends Into Additional Shares
Executives reinvest dividends in shares, mild confidence - −1.7 Ithaca may be cooling on BP assets with Canada deal
Suggests Ithaca may be cooling on BP asset interest - −1.3 Unifor Members In Contract Talks At Terra Nova Offshore Oil Platform As Suncor Sells Stake To Ithaca Energy
Labour talks at acquired platform add minor uncertainty
Ithaca Energy: every day · Oil and gas on 6 October 2026 · FTSE 100 overview for the day