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Nyera

Moving Energy Efficiently Nyera A New Era of Trading and businesses. Nyera’s trading and investment activities are performed on a commercial basis, and the company is deliberate in entering areas of opportunity that will ensure a sustainable long-term model. NYERA IS A WHOLLY OWNED SUBSIDIARY OF GUNVOR GROUP As a leading global physical commodities trading […] Read More

Credit risk

Credit Risk in Energy Commodities Trading Credit risk, in the context of energy commodities trading, refers to the possibility that a counterparty will not fulfill its financial obligations as agreed upon in a contract. This risk becomes especially relevant in over-the-counter (OTC) markets where companies engage in bilateral agreements to buy or sell commodities like […] Read More

Numbers

Refining ZERO Spills Greater than 1 Barrel 100% Feedstock used in Biodiesel Plants Certified Sustainable 1 Lost workday frequency rate Shipping ZERO Spills 1 Contained spill 7.81 Average age of time charter fleet 2.9 Average age of own fleet 75% Eco vessels in time charter fleet by 2022 Compliance ZERO Agents 9,500 Counterparties 1,989 New […] Read More

About the map

Physical commodities trading refers to the actual movement of goods from place to place in the world—work that is done largely by seagoing vessels. The gasoline or diesel that fuel vehicles. The metals that make up electric cars and batteries. The oil or natural gas that heat homes. The components of the plastics that make […] Read More

Jeff Webster

Jeff Webster Chief Financial Officer Mr. Webster has more than 20 years of experience in the banking and trading sectors, most recently serving as Group Treasurer at Mercuria since 2018. Previously, between 2005-2018, he held several roles at UBS, including Treasury CFO, EMEA Treasurer and Global Head of Liquidity Management, and was located during this […] Read More

Benjamin Wasem

Benjamin Wasem Chief Tradeflow Officer Mr. Wasem became Chief Tradeflow Officer in 2021, and is responsible for managing Gunvor’s transaction flow, including oversight of Accounting, Controlling, Credit, Risk, and Tax. He was Group Controller from 2011-2020. Prior to Gunvor, Mr. Wasem served as Group Financial Controller for Compagnie Financière Tradition Lausanne, and as a Banking […] Read More

Gary Pedersen

Gary Pedersen President & CEO – Americas, Gunvor Group Gary is a 30-year veteran of the energy commodities trading industry, with extensive international experience in trading management, logistics, and refining. He joins Gunvor from Millennium Management LLC, where he served as Senior Portfolio Manager for cross barrel oil products since 2022. Gary began his career […] Read More

Kalpesh Patel

Kalpesh Patel Global Co-Head LNG Mr. Kalpesh joined Gunvor in 2014 as Co-Head of Liquefied Natural Gas (LNG) Trading, and has worked to make Gunvor the leading independent LNG trader worldwide. Prior to Gunvor, he served as a Financial Trader at BG Group from 2010-2014 in Houston, Texas. Mr. Kalpesh has a Master of Science […] Read More

Frederic Meeus

Frederic Meeus Global Head of Naphtha & LPG Mr. Meeus joined Gunvor in 2010, as a naphtha trader, becoming global head of desk in 2017. Based in Geneva, his work has involved integrating commercial opportunities between the company’s oil products trading and European refining operations, an effort which now focuses on the Energy Transition. Prior […] Read More

Patrick Martin

Patrick Martin Managing Director, Gunvor Singapore Mr. Martin has been with Gunvor since 2011, joining as head of gasoline trading in Singapore before being promoted to his current position. Previously, he worked at Total Trading SA (Geneva), holding various roles between 2000-2010, including head of desk naphtha, general manger products (Singapore), and managing director for […] Read More

Gia Mai

Gia Mai Chief Operating Officer Mr. Mai has been with Gunvor since 2008. He oversees Gunvor’s Operations, IT, HR, assets management and investment activities, as well as the global coordination and execution of the Executive Committee strategy, with a focus on improving corporate governance and operating efficiency. He previously served as the Group Chief Investment […] Read More

Jean-Baptiste Leclercq

Jean-Baptiste Leclercq General Counsel Mr. Leclercq joined Gunvor in 2011 and is responsible overseeing Gunvor’s Legal, Compliance & Ethics program. Mr. Leclercq received a Bachelor of Law from the University of Geneva and an LL.M. master of laws from University of San Francisco, School of Law. He is licensed to practise in the state of […] Read More

Aldo Della Valle

Aldo Della Valle Global Head of Natural Gas & Power Mr. Della Valle has been instrumental in building Gunvor’s physical natural gas and power portfolio, having joined the company in 2018 as Head of European Gas & Power Trading. Before relocating to Geneva, he also established Gunvor’s London trading office. Previously, Mr. Della Valle served […] Read More

Upstream

Gunvor makes select investments in exploration, appraisal, development and production assets as a part of its strategy of diversifying along the energy supply chain. Over the years, the company has participated in production assets in the Caspian Sea and West Africa, among other geographies.   Gunvor’s expertise in the finance and the oil and gas […] Read More

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Talent

Gunvor is very selective and our standards of performance are high. We encourage creativity and independence, and strive to maintain a diverse working environment. Our more than 20 facilities and operations are run primarily by local management, who provide keen market intelligence and analysis. They are complemented by people with high strategic value. Gunvor believes […] Read More