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Category Gunvor Group
Gunvor acquires TotalEnergies shares in Total Parco in Pakistan
LAHORE – Gunvor Group, a leading global commodities trading company, has signed an agreement to purchase TotalEnergies’ 50% stake in Total PARCO Pakistan Limited (TPPL). TPPL is a 50/50 joint venture between TotalEnergies Marketing and Services and Pak-Arab Refinery Limited (PARCO) in Pakistan…
Gunvor joins VARO to jointly develop large-scale Sustainable Aviation Fuel (SAF) manufacturing facility
ZUG / GENEVA – Gunvor Group (“Gunvor”) will join VARO Energy (“VARO”) in building a large-scale SAF manufacturing facility at the Gunvor Energy Rotterdam site through a proposed joint venture. Since VARO announced on September 7, 2023 its intention to…
Gunvor secures US $1.32 billion sustainability-linked syndicated RCF with over-subscription and accordion
SINGAPORE – Gunvor Singapore Pte. Ltd. (the “Borrower”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor” or the “Group”), has closed a US $1.2 billion sustainability-linked, syndicated revolving credit facility (“RCF” or “Facility”) on 14 June 2024. The Facility, which…
Gunvor and Quercus announce landmark solar development partnership in Italy
Gunvor Group and Quercus Real Assets Limited announce partnership that targets the development of up to 3 gigawatts of solar photovoltaic capacity in Italy.
Gabon National Oil Company partners with Gunvor on Assala Energy acquisition
LIBREVILLE – The Gabon National Oil Company (Gabon Oil Company), which exercised its pre-emptive rights in November 2023 and subsequently entered into a sale and purchase agreement with Carlyle in February 2024, is pleased to announce the successful completion of…
Gunvor Group Results 2023
Gunvor Group Ltd (“Gunvor”), one of the world’s leading independent commodities trading companies, today announces the following financial information for the year ended 31 December 2023: Throughout 2023, Gunvor’s focus on advanced analytics and trading systems, and an infusion of…
Glenfarne Energy Transition’s Texas LNG Announces LNG Offtake Agreement with Gunvor Group
HOUSTON & BROWNSVILLE – Texas LNG Brownsville LLC (“Texas LNG”), a four million tonnes per annum (“MTPA”) liquefied natural gas (“LNG”) export terminal to be constructed in the Port of Brownsville, Texas, a subsidiary of Glenfarne Energy Transition, LLC (“Glenfarne”),…
Gunvor resolves U.S. Department of Justice investigation into Ecuador
NEW YORK – Gunvor S.A. (“Gunvor” or “the Company”) has agreed to resolve the investigation by authorities in the United States into past activities relating to bribery in Ecuador.
Chesapeake Energy Corporation, Delfin LNG and Gunvor sign long-term LNG liquefaction offtake agreement indexed to JKM
OKLAHOMA CITY – Chesapeake Energy Corporation (NASDAQ: CHK, together with certain of its subsidiaries, collectively, “Chesapeake”), Delfin LNG LLC (“Delfin”) and Gunvor Group Ltd, through Gunvor Singapore Pte Ltd (“Gunvor”), today announced the entrance into a liquefied natural gas (LNG)…
Gunvor Nigeria Limited
Please be apprised that Gunvor Nigeria Limited is the only legitimate business entity associated with Gunvor Group registered in Nigeria. “Gunvor Trading Company Ltd“, “Gunvor Oil and Gas Limited“, and “Gunvor Energies Ltd” are not associated in any way with…