--- title: "Suncor sells oil stakes to Ithaca Energy, linked to Israeli settlements" publication: "MediaBias News" url: "https://mediabias.news/politics/suncor-sells-oil-stakes-to-ithaca-energy-linked-to-israeli-settlements" api: "https://mediabias.news/api/v1/stories/suncor-sells-oil-stakes-to-ithaca-energy-linked-to-israeli-settlements" markdown: "https://mediabias.news/politics/suncor-sells-oil-stakes-to-ithaca-energy-linked-to-israeli-settlements.md" audio: "https://mediabias.news/api/audio/suncor-sells-oil-stakes-to-ithaca-energy-linked-to-israeli-settlements" category: "Politics" area: "Middle East" published: "2026-10-09T19:46:07.410Z" source_reported: "2026-10-09T18:04:16.000Z" updated: "2026-10-09T19:46:07.410Z" trust_score: 60 critic_score: 60 hype_score: 45 assessment_type: "coverage-and-source-reporting-analysis" fact_check_status: "not-performed" coverage_measured: "2026-10-09T20:45:25.925357+00:00" --- # Suncor sells oil stakes to Ithaca Energy, linked to Israeli settlements *Prime Minister Mark Carney's commitment to ban trade with illegal settlements faces scrutiny over the sale.* **Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): - Trust 60 of 100, higher is better. Two full reports and four digests cite the sale of Suncor's stakes to Ithaca Energy for $1.2 billion. - Craft 60 of 100, higher is better. The reporting clearly separates facts from comment and names affected parties. - Hype 45 of 100, lower is better. The headline makes a strong claim about bankrolling illegal occupation, which the article supports with details. Scored by MediaBias News; method at https://mediabias.news/methodology. **The short version** - Suncor has agreed to sell its stakes in the Terra Nova, White Rose, and West White Rose offshore oil projects to Ithaca Energy for CAD $1.2 billion, with an additional $350 million contingent on oil prices. - Ithaca Energy is majority-owned by Delek Group, an Israeli oil and gas company listed in a UN database for activities in occupied Palestinian territories. - Prime Minister Mark Carney committed to banning trade in goods with Israel’s illegal settlements in Palestinian territories. - Canadians for Justice and Peace in the Middle East stated that the effectiveness of Canada's trade ban depends on its details and enforcement. Suncor has reached an agreement to sell its interests in three offshore oil projects in Newfoundland and Labrador to Ithaca Energy. The sale includes Suncor's 48 per cent stake in Terra Nova, 40 per cent in White Rose, and 38.6 per cent in West White Rose. The deal is valued at CAD $1.2 billion, with the potential for an additional $350 million based on oil prices. Ithaca Energy would also assume operational control of the Terra Nova project. Ithaca Energy is majority-owned by Delek Group, an Israeli oil and gas company. Delek Group has been named in a United Nations database for its involvement in activities that have raised human rights concerns in occupied Palestinian territories. The UN database lists allegations of Delek providing services and utilities that support settlements, including transport, and using natural resources for business purposes. Yitzhak Tshuva, an Israeli billionaire, is Delek's controlling shareholder. Prime Minister Mark Carney previously committed to banning trade in goods with Israel's illegal settlements in Palestinian territories. He stated that settlements are illegal under international law and that Canada, France, and the UK would take steps to ban imports from settlements and enforce targeted measures. Human rights advocates have expressed cautious optimism, with Canadians for Justice and Peace in the Middle East noting that the ban's effectiveness will depend on its specific details and enforcement. ## Disagreement on company's current involvement Delek Group has claimed it is no longer involved in settlements and was wrongly named in the UN database, according to the UK's Daily Telegraph. The UN's Office of the High Commissioner for Human Rights stated that its commission considered alleged involvements between August 2, 2019, and April 15, 2026, for inclusion in its database update released on September 25, 2026. The update reflects a factual assessment of involvement during that period. ## What the coverage left out None of the left- or centre-rated reports mentioned any comment from Newfoundland and Labrador's Energy Minister Lloyd Parrott, who was reportedly asked for comment by The Independent. Global Affairs Minister Anita Anand was also asked for comment by The Independent, but no response was received by the time of publication, and this was not mentioned in the left- or centre-rated reports. ## Who covered it Shares of the 6 covering outlets with a published leaning rating: - Left: 83% (5) - Centre: 17% (1) - Right: 0% (0) 0 of 6 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-10-09T20:45:25.925357+00:00. **Coverage watch:** developing. Checked 8 times; 0 checks found a material change. Most recently checked 2026-10-09T21:45:13.961Z. ## How the sides framed it ### Left - The left-rated reports focused on the potential for the sale to contribute to Israel's illegal occupation of Palestinian territories. They highlighted that Ithaca Energy is majority-owned by Delek Group, an Israeli company named in a UN database for activities in occupied Palestinian territories. The reports also noted Prime Minister Mark Carney's commitment to banning trade with illegal settlements and questioned whether the acquisition aligns with this policy. NDP Foreign Affairs Critic Heather McPherson was quoted stating that a company on a UN blacklist should not have a stake in Canadian projects. The reports also mentioned a similar controversy in the UK regarding Ithaca's stake in the Rosebank oil field. ### Centre - The centre-rated report led with the headline that the sale of N.L.'s offshore oil could help bankroll a company linked to Israel's illegal occupation of Palestine. It detailed Suncor's agreement to sell its stakes to Ithaca Energy for CAD $1.2 billion plus up to $350 million contingent on oil prices. The report identified Ithaca Energy's majority ownership by Delek Group, an Israeli oil and gas company named in a UN database for activities in occupied Palestinian territories. It also highlighted Prime Minister Mark Carney's commitment to banning trade with illegal settlements and included a statement from Canadians for Justice and Peace in the Middle East regarding the ban's effectiveness. ### Right No separate framing summary. **Provisional coverage gap:** right. The watch is not closed, so this is not yet a settled blindspot finding. ## Factuality profile of the covering outlets These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true. - high: 3 - veryHigh: 3 ## Verification scope This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true. ## Original reporting this was written from - [Narcity](https://narcity.com/n-l-s-offshore-oil-could-help-bankroll-a-company-linked-to-israel-s-illegal-occu) — N.L.’s offshore oil could help bankroll a company linked to Israel’s illegal occupation of Palestine - [theindependent.ca](https://theindependent.ca/news/lji/n-l-s-offshore-oil-could-help-bankroll-a-company-linked-to-israels-illegal-occupation-of-palestine) — N.L.’s offshore oil could help bankroll a company linked to Israel’s illegal occupation of Palestine – The Independent - [The Hamilton Spectator](https://thespec.com/news/canada/n-l-s-offshore-oil-could-help-bankroll-a-company-linked-to-israel-s-illegal-occupation-of-palestine/article_bd35bbef-64d2-547a-962e-69377abc6dc7.html) — N.L.’s offshore oil could help bankroll a company linked to Israel’s illegal occupation of Palestine - [St Catharines Standard](https://stcatharinesstandard.ca/news/canada/n-l-s-offshore-oil-could-help-bankroll-a-company-linked-to-israel-s-illegal-occupation-of-palestine/article_1e2d7daf-3bc3-57e4-9d0c-584f68e0d494.html) — N.L.’s offshore oil could help bankroll a company linked to Israel’s illegal occupation of Palestine - [NiagaraFallsReview.ca](https://niagarafallsreview.ca/news/canada/n-l-s-offshore-oil-could-help-bankroll-a-company-linked-to-israel-s-illegal-occupation-of-palestine/article_638dece5-2e03-5f1c-b4fe-78323b8c594d.html) — N.L.’s offshore oil could help bankroll a company linked to Israel’s illegal occupation of Palestine - [WellandTribune.ca](https://wellandtribune.ca/news/canada/n-l-s-offshore-oil-could-help-bankroll-a-company-linked-to-israel-s-illegal-occupation-of-palestine/article_1fb184fa-1d8c-5186-8ef8-d1a29a711e36.html) — N.L.’s offshore oil could help bankroll a company linked to Israel’s illegal occupation of Palestine ## Questions **What is Suncor selling and for how much?** Suncor is selling its stakes in three offshore oil projects: Terra Nova, White Rose, and West White Rose. The sale is for CAD $1.2 billion, with an additional $350 million possible depending on oil prices. Ithaca Energy is the buyer. **Why is Ithaca Energy linked to controversy?** Ithaca Energy is majority-owned by Delek Group, an Israeli oil and gas company. Delek Group is named in a UN database for activities in occupied Palestinian territories, including providing services to settlements and using natural resources. **What is Prime Minister Mark Carney's stance on Israeli settlements?** Prime Minister Mark Carney has committed Canada to banning trade in goods with Israel's illegal settlements in Palestinian territories, stating they are illegal under international law. --- MediaBias News — https://mediabias.news. Reproduced from https://mediabias.news/politics/suncor-sells-oil-stakes-to-ithaca-energy-linked-to-israeli-settlements. Please cite as: MediaBias News, "Suncor sells oil stakes to Ithaca Energy, linked to Israeli settlements", https://mediabias.news/politics/suncor-sells-oil-stakes-to-ithaca-energy-linked-to-israeli-settlements