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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

Trakk

Moving Energy Safely Gunvor is committed to the safety and efficiency of information transfer to maintain a stable trading network with our partners. As part of these efforts, the company has implemented Trakk – a tool which will ensure the origin, authenticity, and accuracy of documents. Trakk will generate a clear audit trail of actions […] Read More

Product Safety

Moving Energy Safely Product Safety Many of the products that Gunvor sells are subject to Product Safety regulations and only may be placed on the market with a valid registration. It applies, for example, to petroleum substances. Refineries owned by Gunvor hold their own set of registrations for the products they produce. Gunvor also holds […] Read More

Gunvor Energy Rotterdam

Moving Energy Reliably Gunvor Energy Rotterdam Gunvor Energy Rotterdam (GER), 100% owned by Gunvor, is situated in the Port of Rotterdam. The refinery and its international distribution center have direct access to the open sea and the European hinterland. GER is a traditional refinery and terminal with 60 years of experience in the Port of […] Read More

Refineries

As a trader, Gunvor is well suited to running efficient and profitable refineries. We leverage our expertise and relationships with crude suppliers to gain access to the types of crude oils our facilities process. We also employ our financing expertise to ensure the trading and facilities are sustainably maintained. For example, Gunvor was the first […] Read More

News & Statements

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Net-zero emissions

**Net-zero emissions** refers to a state of balance between the amount of greenhouse gas emissions produced and the amount removed from the atmosphere. Achieving net-zero means that any carbon dioxide (CO2) or other greenhouse gases added to the atmosphere are balanced by an equivalent amount being taken out, effectively bringing the net addition of these […] Read More

Climate Change

Climate Change Climate change refers to the long-term alteration in the average weather patterns that have come to define Earth’s local, regional, and global climates. These changes have a broad range of observed effects that are synonymous with the term. The primary cause of current climate change is largely human activity, like burning fossil fuels—coal, […] Read More

Liquefied Natural Gas (LNG)

USE LNG is mainly used for cooking, heating homes and generating electricity. SUPPLY Global DEMAND Supply Gunvor has been trading liquefied natural gas (LNG) since 2010, and has grown to become the largest independent LNG trading company in the world. Gunvor prides itself on maintaining an excellent track record of reliability and a strong focus […] Read More