Tag GER

Gunvor partners with VARO on sustainable aviation fuel manufacturing in Rotterdam

Gunvor Group (“Gunvor”), a leading global physical energy commodities trader, is partnering with VARO Energy (“VARO”), which will build large-scale Sustainable Aviation Fuel (SAF) manufacturing at the extensive Gunvor Energy Rotterdam (GER) site. The facility will have a total production…

Gunvor Petroleum Rotterdam becomes Gunvor Energy Rotterdam

As a part of Gunvor Group’s commitment to support the Energy Transition, we have been making significant investments to expand our trading and transform our asset base. Gunvor Petroleum Rotterdam B.V. (GPR), an oil refinery acquired in 2016, has already…

Vopak and Port of Antwerp-Bruges to sustainably redevelop former Gunvor site

Dutch tank storage company Vopak is acquiring the shares of Gunvor Petroleum Antwerp from commodity trader Gunvor Group Ltd (“Gunvor”), giving it access to the Gunvor concession in the Antwerp port area. Vopak is committed to sustainably redeveloping the site.…

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…

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 divests stake in rotterdam terminal to ges under long-term energy transition partnership

GES is acquiring part of the assets of Stargate Terminal from Gunvor Group and will develop over 20 hectares of vacant land. GES has ambitious plans to develop a large industrial site at Rotterdam for storage solutions for low carbon…

Gunvor se une a la Asociación Española de Operadores de Productos Petrolíferos

AOP suma así a siete grandes compañías dentro de la organización y aumenta su representatividad. Gunvor cuenta con una bioplanta en el País Vasco y otra en Huelva. El grupo Gunvor se ha unido a la Asociación Española de Operadores…

Energy Intelligence Interview with Torbjörn Törnqvist

Gunvor: Repeat of Q2 Volatility Hard to See Despite having its business model tested during the first half of 2020 commodities trader Gunvor’s robust risk management and strong market analysis helped it produce its best second quarter ever, according to…

Gunvor meets targets, renews us $725 million sustainabilty-linked facility

Gunvor Group (“Gunvor”), one of the world’s largest physical energy commodities traders, has successfully met targets for its US $725 million sustainability-linked borrowing base financing and their performance has been subject to third party assurance from PricewaterhouseCoopers. Gunvor is the…

Gunvor closes innovative us $745 million facility linked to sustainability targets

Related savings will go to support new Gunvor Foundation Gunvor Group (“Gunvor”) has closed an innovative US $745 million secured borrowing base facility (“Facility”) that includes performance commitments related to Gunvor’s sustainability targets. Gunvor is the first energy commodities trading…