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Nominations
In physical gas or crude oil trading, a “nomination” is the formal request or schedule that a shipper submits to a pipeline, storage facility, or terminal operator, detailing the volume of product to be transported, stored, or delivered over a given period. Read MoreBasis Differential (or Basis Risk)
The price difference between a reference price (e.g., at a major hub like Henry Hub) and the actual physical delivery location. Traders must manage basis risk to account for local supply/demand dynamics, transport costs, and pipeline constraints. Read MoreBalancing Mechanism (BM)
A system (frequently used in electricity markets) through which the grid operator balances the real-time supply and demand of energy. Market participants submit bids/offers to increase or decrease generation or consumption to keep the grid stable. Read More
Gunvor Group Results 2024
Gunvor Group Ltd (“Gunvor”), one of the world’s leading independent commodities trading companies, today announces the following financial information for the year ended 31 December 2024: Revenue: US $136 billionVolumes: 232 million MTGross profit: US $1.8 billionNet profit after taxes: US $729 millionEquity: US $6.5 billion Gunvor continued its track record of solid performance, posting […]
Gunvor Group Results 2024
Gunvor continued its track record of solid performance, posting a net income of US $729 million. The result reflects a return to more normalized energy markets compared with the previous two years Read MoreRecruitment Fraud
We have become aware that unauthorized individuals have been misusing the Gunvor Group name and logo, as well as the names of our directors, executives, and employees, in emails and on websites to fraudulently solicit upfront payments from individuals. Gunvor Group does not conduct business through social media, unsolicited emails, or written correspondence, nor does […] Read MoreDownstream
Gunvor has select investments in consumer fuel retail and distribution, which supports the company’s strategy of owning and investing in assets along the value chain that support core trading operations. Total PARCO Interested in working at Gunvor Group? Read MoreChemical Recycling
Chemical recycling refers to an array of advanced processes that convert plastic waste into its fundamental chemical constituents, which can then be utilized to produce new plastics or other products. Unlike traditional mechanical recycling methods that simply melt and remold plastics, chemical recycling involves breaking down polymer chains into their original monomers or transforming them […] Read More
Akaysha Energy and Gunvor Group Sign Landmark Offtake Agreement for Australian Large Scale Battery Storage
Brisbane, Australia – Akaysha Energy, a market leader in large-scale battery energy storage systems (BESS), and Gunvor Group a global energy powerhouse, are pleased to announce a long term Offtake Agreement for Akaysha’s large scale Battery Energy Storage System (BESS), in Brendale, Queensland. The risk-hedging offtake product, known as a Battery Revenue Swap Agreement, […]Circular Products
Gunvor is trading circular products to reduce the dependency on virgin fossil resources, to minimize environmental impact, and to reuse the valuable hydrocarbon content present in waste streams.
Read MoreGunvor Group Brochure 2025
Gunvor completes acquisition of TotalEnergies shares in Total PARCO in Pakistan
LAHORE (6 December 2024) – Gunvor Group, a leading global commodities trading company, has completed its acquisition of TotalEnergies’ 50% stake in Total PARCO Pakistan Limited (TPPL), after receiving all necessary approvals from relevant authorities and finalizing related agreements. TPPL operated as a 50/50 joint venture between TotalEnergies Marketing and Services and Pak-Arab Refinery Limited (PARCO) in Pakistan, […]
Gunvor secures US $2.265 billion sustainability-linked, multi-currency revolving credit facility
GENEVA – Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a US $2.265 billion sustainability-linked, multi-currency revolving credit facility (“RCF” or “Facility”) in favour of Gunvor International B.V. and Gunvor SA. The Facility consists of two tranches, available to Gunvor International B.V. and Gunvor SA: Thanks to strong support from existing and new banking […]
Gunvor closes inaugural US Private Placement at US $378.5 million, significantly oversubscribed
GENEVA – Gunvor Group, one of the largest independent energy commodities trading companies worldwide, has successfully closed its inaugural United States (US) Private Placement, totalling US $378.5 million of senior unsecured notes with US institutional investors placed under Section 4(a)(2) of the Securities Act. The transaction was significantly oversubscribed from the launch amount of US […]
Gunvor USA upsizes Credit Facility to US $2.3 billion
HOUSTON – Gunvor USA LLC, an indirect wholly-owned subsidiary of Gunvor Group Ltd, has successfully closed the syndication of its US $2.34 billion uncommitted borrowing base credit facility. The facility, which benefited from strong oversubscription, includes a US $1.75 billion one-year tranche and a US $584 million two-year tranche, as well as a US $500 […]