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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. Read More

Base Metals

USE Base metals are essential to electrification and the energy transition SUPPLY Asia, Europe, U.S. DEMAND Supply As a part of the company’s energy transition and diversification strategy, Gunvor is establishing itself as a leading global trader of refined base metals and concentrates. Activities consist of off-take agreements, purchases, and marketing arrangements with producers worldwide. […] Read More

Power & Emissions

As a part of the company’s Energy Transition commitments, Gunvor is growing its power business throughout Europe and the United States. Read More

Biofuels

Gunvor’s Biofuel trading desk is active in the entire supply chain of carbon reduction in the fuel sector, including risk management and logistics. Read More

Health & Safety

The effective management of health and safety, the environment, human rights and community engagement (collectively called “HSEC”) is essential to growing our business in a sustainable and responsible manner. Gunvor therefore assigns the highest priority to preserving the health, well-being, human rights and safety of our employees, our customers, and the communities in which we […] Read More

Human Rights

Gunvor assigns the highest priority to respecting and promoting Human Rights across all of its activities. The company aims to treat everyone fairly, with respect and dignity, and is committed to respecting all internationally recognized Human Rights. Gunvor recognizes that its activities may positively or adversely impact Human Rights conditions in areas where it operates […] Read More

Risk Management

Managing and mitigating risk is what a physical commodities trader like Gunvor does, and it is a prerequisite for long-term success. Gunvor has a 20-plus year track record of effectively managing the risk within the ever changing commodities markets to ensure stable commercial growth and development. A combination of policies and internal procedures addressing liquidity, […] Read More

Logistics

Gunvor has invested in logistics and midstream assets that strategically complement its daily trading activity. These assets enable Gunvor to enhance the management of the sourcing and distribution components of the Group’s trading platform, diversify its income streams and strengthen its competitive position. An important aspect of Gunvor’s logistical resources is Clearlake Shipping, a wholly-owned […] Read More

Finance

Managing risk and liquidity is at the core of Gunvor’s business. From the company’s inception, Gunvor has been successful in building long-term relationships in the financial sector and diversifying its banking partnerships. Today, we work with more than 75 leading global financial institutions. As a growing business with interests throughout the world, Gunvor has always […] Read More

Technology

Gunvor maintains a number of advanced information systems serving our core business and supporting functions, including Risk, Trading and Financial systems, which consolidate trading positions and financial exposures globally on a daily basis. These allow management to monitor Gunvor’s overall exposure and adopt appropriate measures on a timely basis. Our operations- and assets-related activities are […] Read More

Ethics & Sustainability

At Gunvor, our goal is to maintain the highest ethical standards for how we conduct our business around the world and to comply with all applicable rules and regulations wherever we operate. “Ethics & Sustainability” outlines the many programs and initiatives that run through all aspects of our activities—from identifying new business partners to educating […] Read More

Trading

Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy and bulk materials from where they are sourced and stored to where they are demanded most. Since its founding in 2000, Gunvor has established itself as a leading physical trader and […] Read More

Investments

Physical traders like Gunvor are inherently resilient, with a historical track record of rapid innovation and effective risk management. They are built to confront changing business environments by making adjustments in location, structure, funding, operating regime and strategy. Size matters, but so too does the ability to remain nimble as new investment and trading opportunities […] Read More

Leadership

Gunvor maintains a flat structure and short chain of command to facilitate efficient decision-making while ensuring the highest level of corporate governance and best practices. This approach ensures the company remains agile and decisive in its day-to-day operations, so to secure opportunities in the interest of partners and clients. Gunvor’s management team works in close […] Read More

Torbjörn Törnqvist

Torbjörn Törnqvist Chairman, Gunvor Group Co-founder and Chairman, Mr. Törnqvist has spent more than 40 years in the oil and gas industry, and co-founded Gunvor Group in 2000. He began his career at British Petroleum, where he worked from 1977 to 1983, and then became Head of Oil Trading at Scandinavian Trading Co AB until […] Read More

Education & Awareness

While the basic ethical and legal underpinnings of Compliance remain stable, each year new laws are passed, regulations are updated, and the outcomes of tested cases all serve to advance and change how aspects of Compliance are implemented. To ensure our employees are kept up-to-date, Gunvor has mandatory annual training for every employee covering many […] Read More

Policies & Code of Conduct

Gunvor has established clear policies for ABC, AML, market conduct, market abuse, economic sanctions, and other risk areas. They have been communicated from the top-down. Importantly, we have also created a whistleblowing policy that has been clearly communicated by the CEO to all Gunvor employees. Specifically regarding ABC, policies and procedures and systems and controls […] Read More