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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

Gary Pedersen

Gary Pedersen Group Chief Executive Officer Chairman of the Board Mr. Pedersen serves as the Chairman and CEO of Gunvor Group. Within his role, he chairs both the Trading Committee, the main decision making body for the company’s trading and shipping activities, and the Management Board, a coordinated leadership function that handles Gunvor’s day-to-day business. Gary […] 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

Gia Mai

Gia Mai Chief Operating Officer Mr. Mai has been with Gunvor since 2008, and has served as COO since 2019, overseeing various strategic and operational aspects of the Group. Within his role, he serves as the Chairman of the Corporate Committee, the main decision making body regarding credit and risk, compliance, legal, budget, finance and […] 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

News

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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

Culture

Gunvor is a company that works for the people who work within it. We strive to provide an environment where our employees can unlock their creativity through openness, collaboration, and interaction. This is essential to remaining competitive and relevant, and we are always looking ahead. Shaping our company’s future, especially in the context of the […] Read More

Financials

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Transparency

Gunvor Group supports the Extractive Industries Transparency Initiative (EITI), which implements the global standard to promote the open and accountable management of oil, natural gas, and mineral resources. The EITI Standard, predominantly applied to extractive companies, requires the disclosure of information along the extractive industry value chain, beginning from the point of extraction, along to […] Read More

Terminals

Terminals are a highly complementary asset investment for Gunvor’s trading activities. They provide access to physical import and/or export flows and thus enhance trading positions. The availability of storage and vessel berthing creates time spread and cross-geography arbitrage opportunities. Blending and segregated storage add further value by facilitating of export grade specifications. With several terminal […] Read More

Biofuel Plants

NUMBER OF EMPLOYEES 40 Gunvor Biofuel Berantevilla Built in 2008, the plant is located in the middle of the Spanish provinces of Basque country and Rioja, between agricultural camps and vineyards. The design of the 40,000 MT/year plant is based on transesterification/esterification/distillation, and is capable of processing a wide spectrum of feedstock, including used cooking […] Read More

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