Moving Energy


News & Statements

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 of Intent with Dallas-based ClearShift LLC (ClearShift), a leader in the development of gas-to-liquids technology […]

Delfin Midstream Signs Long-Term LNG Supply Agreement with Gunvor

HOUSTON — Delfin Midstream Inc. (“Delfin” or the “Company”) and Gunvor Group Ltd announced today that Gunvor Singapore Pte Ltd (“Gunvor”) has entered into long-term LNG Sale and Purchase Agreement (“SPA”) with Delfin LNG LLC (“Delfin LNG”), a subsidiary of Delfin. Under the SPA, Delfin LNG will supply between 0.5 to 1.0 million tonnes of […]

Gunvor secures US $1.885 billion sustainability-linked, multi-currency revolving credit facility

GENEVA (21 November 2023) – Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a US $1.885 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 Gunvor’s banking partners and attracted new banks, increasing the total amount of the facility […]

Gunvor Group and Solvang form JV to own and operate 5 next generation Panamax VLGCs

5 October 2023 Newbuildings will be carbon capture ready GENEVA (5 October 2023) – Gunvor Group Ltd (“Gunvor”) and Solvang ASA (“Solvang”) have formed a Joint Venture (“JV”) to own and operate next generation eco-vessels for the Liquefied Petroleum Gas (LPG) market. The JV has placed an order for five VLGC newbuilds from Hyundai Heavy […]

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 capacity of 350 kpta; approximately 70% will be SAF, with the remainder a mixture of […]

CVR Supply & Trading signs Gunvor to exclusive crude oil supply agreement

Gunvor USA (“Gunvor”), a subsidiary of Gunvor Group, a leading global energy commodities trading company, has signed a crude oil supply agreement with CVR Supply & Trading, LLC (“CVR”), a subsidiary of CVR Energy, Inc. (NYSE: CVI). Under the terms of the agreement, Gunvor will provide CVR with crude oil supply and logistics intermediation in […]

Gunvor successfully increases OBSI facility to US $1.37 billion

Four new banks join existing lending group Gunvor Group Ltd (“Gunvor” or the “Group”) has refinanced and increased its Off Balance Sheet Instruments Revolving Credit Facility (“Facility”) to US $1.37 billion, up from US $990 million in 2022, in favour of Gunvor SA and Gunvor International B.V. The Facility received strong support from Gunvor’s existing […]

Gunvor partners with Celcius Tankers and Arclight on new LNG tanker order

Celsius Tankers (“Celsius”) expand their partnership with Gunvor Group Ltd (“Gunvor”) in the liquefied natural gas (LNG) sector with the chartering of four highly efficient, modern LNG carriers. The vessels, to be constructed by China Merchants Heavy Industry (Jiangsu) (CMHI), will support the growing LNG activities of Gunvor, one of the leading independent LNG trading […]