Category Latest News

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…

Gunvor and Pakistan LNG Limited settle all outstanding legal proceedings

LONDON – Gunvor and Pakistan LNG Limited confirm they have now settled all outstanding legal proceedings on terms satisfactory to all concerned. The parties look forward to continuing to work together. The terms and details of the settlement are subject…

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”),…

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)…

Industry-Leading Compliance

Learn about Gunvor’s robust compliance function and how we manage trading risk through advanced systems, strict policies and education.

Gunvor closes new EUR 400 million facility backed by Italy’s SACE

Gunvor Group has closed a EUR 400 million, 5-year term loan guaranteed by SACE, the Italian Export Credit Agency with UniCredit acting as Global Coordinator. The goal of the Facility is to support Italian industry by securing natural gas and liquefied natural gas (LNG) supplies while promoting the export of Italy’s goods and services.

Gunvor successfully closes sustainability-linked Samurai loan

Gunvor Group has successfully refinanced its 3-year Yen-denominated Sustainability-Linked Term Loan (the “Samurai” loan) for a total amount of JPY 49.1 billion.

Gunvor acquires majority stake in Spanish power plant from bp

Gunvor Group will acquire from bp Gas Marketing Limited a 75% ownership stake in Bahía De Bizkaia Electricidad S.L. Bilbao, Spain.

Gunvor partners with ClearShift on zero carbon diesel and chemicals

HOUSTON – As part of its strategy to accelerate the energy transition, Gunvor USA LLC (Gunvor), part of the Gunvor Group and one of the world’s largest independent commodities trading houses, has executed a feedstock supply and product offtake Letter…