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Compliance with Sanctions
Ensuring adherence to sanction requirements is a crucial pillar of the broader compliance culture of Gunvor. As a significant participant in the global commodities markets, Gunvor takes its sanctions obligations responsibly. Modern sanction restrictive measures are varied in scope and applicability, however, commonly designed to support foreign policy and national security objectives of the implementing […] Read More
Preparation of a Turn Around (TA)
A Turn Around (TA) is a crucial part of the life of a refinery, as the whole plant is shut down and major improvements are installed, setting up the asset for more efficient activities for the next six years. From an HSEC point of view, it presents many opportunities, as the new equipment and improved […] Read MoreLocations
Gunvor Group employs approximately 1,700 people throughout the world, consisting of about 850 experienced professionals in our offices and about 850 specialists in various logistical facilities and assets. We have more than 20 offices, with new locations opening each year. Since 2018, Gunvor has opened new offices in Turkey, Oman, the UAE, the United Kingdom, […] Read MoreFlexibility
Gunvor maintains a flexible working environment. Having a balanced work-life schedule enables our colleagues to optimize their schedules and increase business performance. All approaches are undertaken in line with local and regional government guidelines and business and operational requirements. Gunvor further maintains the highest information security protocols to ensure all work can be done securely. […] Read More
Working with Academia on Data-driven Communication
A joint research project between the Gunvor Group, Equintel GmbH, and the Institute of Financial Services Zug IFZ of the University of Applied Sciences and Arts Lucerne ABOUT EQUINTEL Founded in 2020 in Berlin, Equintel uses Big Data and artificial intelligence (AI) to provide ESG assessments. The primary goal is to achieve transparency and objectivity […] Read MoreRisk Management
Risk Management in the context of energy commodities trading refers to the identification, assessment, and prioritization of uncertainties followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Energy commodities are inherently volatile and can be affected by […] Read MoreIncoterms
Incoterms, short for “International Commercial Terms,” are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) that serve as a set of international rules for the interpretation of commonly used terms in international trade contracts. They aim to provide clarity and predictability in cross-border transactions by clearly delineating the responsibilities […] Read More
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 […]Pipelines & Storage
Investments in pipeline and storage assets provide Gunvor with the logistical flexibility to efficiently place different crude grades into various markets, enabling us to quickly take advantage of arbitrage opportunities. Transalpine (TAL) Pipeline Gunvor has a minority stake in the Transalpine Pipeline (TAL), which is of strategic importance in securing supplies to the land-locked Gunvor […] Read MoreGunvor Refinery Ingolstadt
Moving Energy Reliably Gunvor Refinery Ingolstadt Energie mit Vernunft! Products are shipped from the on-site truck-loading rack and railcar-loading facilities. This enables a stable distribution into the local markets. Light products and middle distillates such as gasoline, diesel, heating oil and jet fuel are sold predominantly in Germany and Austria. GRI is one of the […] Read MoreMiddle Distillates
Middle distillate trading represents a central aspect of Gunvor’s trading portfolio. Gunvor trades a full range of middle distillates, including heating oil, diesel and jet. Read MoreHeavy Fuel & Feedstocks
Fuel oil encompasses a range of products from feedstock to cracked fuel oil and vacuum gasoil. Read MoreBitumen & Base Oils
USE Construction of roads, parking areas, railways SUPPLY Europe, Middle East, Asia DEMAND Seasonal As a global asphalt/bitumen trader, Gunvor maintains a dedicated fleet of bitumen vessels comprising of various dead weight tonnage (DWT), enabling the company to supply customers bituminous binders and asphalts, such as penetration graded bitumen/asphalt, viscosity graded bitumen, polymer modified bitumen […] Read MoreNatural Gas
Gunvor is a leading participant in European and U.S. physical natural gas markets, performing wholesale trading with utilities and industrial customers. Read MoreCommodity price
**Commodity Price** A commodity price refers to the cost at which a particular commodity can be traded at a given moment in the market. Commodities are raw materials or primary agricultural products that can be bought and sold, such as oil, gold, wheat, or coffee. These prices are determined by the forces of supply and […] Read More