Suncor sells of N.L. offshore assets, other oilsands giant bulks up Alberta holdings

2 sources2 storiesFirst seen 10/5/2026Score40Mixed Progress

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Cenovus buys Athabasca Oil for $5.7 billion, Suncor sells offshore stakes as producers double down on oilsands - Financial Post.

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Cenovus buys Athabasca Oil for $5.7 billion, Suncor sells offshore stakes as producers double down on oilsands Financial PostSuncor sells stakes in three Canadian East Coast oil projects for up to $1.5-billion The Globe and MailSuncor to divest non-core offshore assets and increase shareholder returns BOE ReportIthaca Energy to Buy Offshore Canada Oil Assets From Suncor Energy for Up to $1.1 Billion WSJSuncor to sell offshore Canada oil stakes to Ithaca for $842 million

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Suncor is selling offshore assets in Atlantic Canada as it focuses on its oilsands holdings, while Cenovus is buying a smaller peer to grow its own footprint in northern Alberta.

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A: Cenovus buys Athabasca Oil for $5.7 billion, Suncor sells offshore stakes as producers double down on oilsands - Financial Post.

B: Cenovus buys Athabasca Oil for $5.7 billion, Suncor sells offshore stakes as producers double down on oilsands Financial PostSuncor sells stakes in three Canadian East Coast oil projects for up to $1.5-billion The Globe and MailSuncor to divest non-core offshore assets and increase shareholder returns BOE ReportIthaca Energy to Buy Offshore Canada Oil Assets From Suncor Energy for Up to $1.1 Billion WSJSuncor to sell offshore Canada oil stakes to Ithaca for $842 million