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News

Gunvor provides regular news updates here, as well as on Twitter and LinkedIn.

2 May 2023

The Facility will support the Asian fuel oil business and incorporate new digital reporting tools Gunvor Singapore Pte. Ltd. (“Gunvor Singapore”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor” or the “Company”), has closed a US $600 million borrowing base facility (“Facility”) to support the working capital needs of its Asian fuel oil business. The

2 May 2023

The Facility will support the Asian fuel oil business and incorporate new digital reporting tools Gunvor Singapore Pte. Ltd. (“Gunvor Singapore”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor” or the “Company”), has closed a US $600 million borrowing base facility (“Facility”) to support the working capital needs of its Asian fuel oil business. The

5 April 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 2022: Revenue: US $150 billion Volumes: 165 million MT Gross profit: US $4.881 billion Net profit after taxes: US $2.359 billion Equity: US $5.286 billion Following a year in which

5 April 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 2022: Revenue: US $150 billion Volumes: 165 million MT Gross profit: US $4.881 billion Net profit after taxes: US $2.359 billion Equity: US $5.286 billion Following a year in which

16 March 2023

NICOSIA – Gunvor Group Ltd (“Gunvor” or the “Company”), one of the largest energy commodities trading companies in the world, has updated the composition of its Board of Directors, effective 1 March 2023. Ms. Vasiliki Papalli, who has been with Gunvor since 2013 and serves as Group Administration Director, will replace Mr. Jerome Gonelle, who

16 March 2023

NICOSIA – Gunvor Group Ltd (“Gunvor” or the “Company”), one of the largest energy commodities trading companies in the world, has updated the composition of its Board of Directors, effective 1 March 2023. Ms. Vasiliki Papalli, who has been with Gunvor since 2013 and serves as Group Administration Director, will replace Mr. Jerome Gonelle, who

6 March 2023

OKLAHOMA CITY – Chesapeake Energy Corporation (NASDAQ: CHK) and Gunvor Group Ltd today announced that Gunvor Singapore Pte Ltd (“Gunvor”) has entered into a Heads of Agreement (“HOA”) with Chesapeake Energy Marketing L.L.C. (“Chesapeake”) a subsidiary of Chesapeake Energy Corporation. Under the HOA, Chesapeake will supply up to 2 million tonnes of LNG per annum

6 March 2023

OKLAHOMA CITY – Chesapeake Energy Corporation (NASDAQ: CHK) and Gunvor Group Ltd today announced that Gunvor Singapore Pte Ltd (“Gunvor”) has entered into a Heads of Agreement (“HOA”) with Chesapeake Energy Marketing L.L.C. (“Chesapeake”) a subsidiary of Chesapeake Energy Corporation. Under the HOA, Chesapeake will supply up to 2 million tonnes of LNG per annum