Moving Energy
Efficiently
USE
Serves as the basis for a variety of petroleum products, such as propane, asphalt, petrochemical feedstocks and more.
SUPPLY
Global
DEMAND
Dislocated
Crude Oil
Gunvor is one of the largest independent crude oil traders in the world, offtaking from producers of all sizes and managing the commodity’s transport, storage, and financing to counterparties across the globe.
Gunvor’s physical availability of crude oilCrude oil refers to unrefined petroleum that is found with the Earth’s crust. Read more continues to expand and diversify, and the company consistently trades more than a million barrels a day and has access to more than 10 million barrels of strategically located storage capacity.
Our crude oil trading specialists operate in Gunvor’s offices around the globe. They have first-hand knowledge and expertise in the markets, maintain long-term relationships with key market participants—producers, refiners, logistics companies and storage experts—and are actively involved in developing projects related to existing and new crude oil flows.
Thanks to Gunvor’s broad diversification, the company is not dependent on any individual supplier or group of suppliers of crude oil.
Key attributes of Gunvor’s trading include:
- Effective management of market risk
- Long-term relationships in key global markets
- Expertise in identifying physical dislocations in the market
- Extensive logistics capabilities
- In-house market intelligence and analysis
- Ownership of key physical assets that complement trading
- The ability to structure or prefinance deals
Through Gunvor’s refinery in Ingolstadt, Germany, the company has additional optionalityOptionality, in the context of energy commodities trading, refers to the situation or feature where a trader or investor possesses the flexibility or choice to make decisions, such as to... Read more to source and process crude grades, which would not have been commercially practicable otherwise.
Gunvor Crude Oil team today is concentrating on exploring and consolidating trading opportunities and gaining new market shares. As part of this strategy, the company is developing relationships with smaller producers and capitalizing on structured financing capabilitiesStructured financing capabilities refer to the complex and tailored financial solutions that are employed in facilitating large-scale transactions, often used within industries such as energy commodities trading. These capabilities involve... Read more to offer tailor-made solutions, while continuing to offtake crude cargoes from large producers.
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 oilCrude oil refers to unrefined petroleum that is found with the Earth’s crust. Read more supply agreement with CVR Supply & Trading, LLC (“CVR”), a subsidiary of CVR Energy, Inc. (NYSE: CVI). Under the terms of […]
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 the complexity of physical oil trades, the contracting process has traditionally been manual and intricate. […]
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 into an LNG Sale and Purchase Agreement with Energy Transfer LNG Export, LLC (Energy Transfer […]
Dow partners with Gunvor to purify plastic waste streams to scale circular plastics manufacturing
Gunvor will supply cracker-ready feedstock derived from plastic waste to Dow in Europe beginning in 2021, which will be used to produce circular plastics for customers Agreement adds scale to Dow’s circular polyethylene production, reclaiming more waste plastics and keeping them out of the environment Dow (NYSE: DOW) has finalized an agreement with Gunvor Petroleum […]
Gunvor to cut scope 1 & 2 emissions 40% by 2025
New entity Nyera to target sustainable investments in renewables**Renewables** Renewables, short for renewable energy sources, refer to energy obtained from virtually inexhaustible natural processes. Unlike fossil fuels, such as coal, oil, and natural gas, renewables are not subject… Read more, carbon capture Gunvor Group, one of the world’s largest physical energy commodities traders, has announced […]
Gunvor usa successfully closes usd 1.1 billion borrowing base
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 USD 1.1 billion borrowing base credit facility (“the Facility”). The Facility includes a USD 500 million accordion feature, which remains available to support future growth. The proceeds of the Facility […]
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 managementRisk management is a crucial aspect of the energy commodities trading sector that involves the identification, assessment, and prioritization of potential risks followed by coordinated application of resources to minimize,… […]
Gunvor closes new sustainability-linked borrowing base to support german refinery
Gunvor Group (“Gunvor”), one of the world’s largest physical energy commodities traders, has closed a new sustainability-linked borrowing base facility (“Facility”) to support operations at Gunvor Refinery Ingolstadt. The EUR 450 million Facility complements Gunvor’s other US $725 million sustainability-linked borrowing base for refining activities in the ARA, and similarly has an interest rate dependent on the company’s year-on-year improvements in multiple sustainability criteria in the areas of “environment”, “social impact” and “governance”.