Category Gunvor Group

Gunvor secures US $1.645 billion sustainability-linked, multi-currency revolving credit facility

Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a USD 1.645 billion sustainability-linked, multi-currency revolving credit facility (“RCF” or “Facility”) in favour of Gunvor International B.V. and Gunvor SA. The Facility received strong support from both existing and new…

Gunvor usa closes us $1.45 billion borrowing base facility

Gunvor USA LLC (“Gunvor USA” or “the Company”), a subsidiary of Gunvor Group Ltd (“Gunvor” or “the Group”), has successfully closed the syndication of its US $1.45 billion uncommitted borrowing base credit facility (“the Facility”). The Facility includes a US…

World first as physical oil trade confirmations are digitalised using VAKT

VAKT today announces that the first-ever physical oil trade confirmations are being conducted using the VAKT technology. Gunvor Group and TotalEnergies Trading SA (TOTSA) lead this industry first, with more counterparties to follow. This digitised transaction is a milestone for the oil trading industry. Due to…

Gunvor successfully increases obsi revolving credit facility to usd 990 million

Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a USD 990 million Off Balance Sheet Instruments Revolving Credit Facility (“Facility”) in favor of Gunvor SA, Gunvor International B.V., Gunvor Deutschland GmbH, Gunvor Singapore Pte. Ltd., Gunvor Raffinerie Ingolstadt GmbH…

Pertamina Subholdings Gas and Gunvor partners on global LNG supplies

PT PGN Tbk as Pertamina Subholding Gas (PGN), which is committed to immediately realizing the potential of its natural gas and liquefied natural gas (LNG) trading in the international market, has established a collaborative partnership with Gunvor Singapore Pte. Ltd.…

Air Products and Gunvor to Cooperate on Green Hydrogen Import Terminal in Rotterdam

Air Products (NYSE:APD) and Gunvor Petroleum Rotterdam (GPR), a wholly-owned subsidiary of Gunvor Group (Gunvor), have signed a joint development agreement for an import terminal in Rotterdam. The agreement responds to the accelerating demand for green energy sources to meet…

Gunvor secures us$912 million sustainability-linked asia rcf with oversubscription

SINGAPORE (23 June 2022) – Gunvor Singapore Pte. Ltd. (the “Borrower”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor” or the “Company”), has closed a US$912 million sustainability-linked, syndicated revolving credit facility (the “Facility”) on 20 June 2022. The Facility,…

Industry giants gain unprecedented insignt into the climate pact of their shipping activities

For the first time, some of the world’s largest energy, agriculture, mining, and commodity trading companies publish the climate alignment of their shipping activities and gain access to new data that will allow them to work with their business partners…

Energy Transfer Signs LNG Sale and Purchase Agreement With Gunvor

Energy Transfer LNG Export to supply LNG to Gunvor Singapore Pte from its Lake Charles LNG Export Facility Under 20-year Agreement Energy Transfer LP (NYSE: ET) and Gunvor Group Ltd today announced that Gunvor Singapore Pte Ltd (Gunvor) has entered…

Gunvor group appoints jeff webster as group cfo

Gunvor Group, one of the largest physical energy trading companies in the world, has appointed Jeff Webster as Group Chief Financial Officer (CFO). Jeff will be based in Geneva, Switzerland, and will serve on the Executive Committee. Jeff has more…