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Gunvor Group Ltd

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  • Wednesday, 3 May, 2023
    Oil & Gas industry
    Shell, BP and Total out-trade Vitol, Trafigura, Mercuria and Gunvor

    European oil majors’ combined trading profits surpass those of the four biggest private energy traders

  • Wednesday, 22 March, 2023
    Commodities
    Profits at commodity traders hit record in 2022, say finance chiefs

    Companies set high-water mark unlikely to be repeated in 2023

  • Monday, 6 March, 2023
    Adnoc and Gunvor deal talks reach impasse

    Co-founder of Switzerland-based energy trading company said to be reluctant to yield control to Abu Dhabi group

  • Monday, 6 March, 2023
    Natural gas
    Gunvor chief says loss of Russian gas will cement US export role

    Energy executives see lasting change in global energy market after Moscow’s invasion of Ukraine

  • Monday, 23 January, 2023
    Oil & Gas industry
    Abu Dhabi’s Adnoc and Gunvor extend talks to reach investment deal

    National oil group is seeking a minority stake in commodity trader as it looks to diversify its revenue stream

  • Wednesday, 21 September, 2022
    Gunvor in sale talks with Abu Dhabi’s Adnoc

    Deal for all or part of trading house would boost UAE’s reach in global commodity markets

  • Thursday, 21 July, 2022
    Commodity trader Gunvor posts record first-half profit

    Net income at Geneva-based group quadruples to $841mn in first six months

  • Tuesday, 19 April, 2022
    Gunvor reports highest full-year profit since 2015

    Swiss commodity trader records $726mn in earnings from booming energy demand as lockdowns eased

  • Sunday, 10 April, 2022
    War in Ukraine
    Ukraine calls on commodity traders to stop handling Russian oil

    Vitol, Trafigura, Glencore and Gunvor accused of helping Moscow receive ‘blood money’

  • Wednesday, 13 October, 2021
    Commodities
    Gunvor cuts LNG positions amid $1bn of margin calls

    Commodity trader moves to reduce gas exposure in face of unprecedented price surge

  • Wednesday, 29 September, 2021
    Gunvor reveals record trading volumes in rare public release

    Revenues at commodity trader almost double to $47bn in first half of 2021

  • Wednesday, 30 June, 2021
    Switzerland probes energy trader Gunvor over activities in Ecuador

    Federal prosecutor launches criminal investigation into suspected bribery and money laundering

  • Wednesday, 18 November, 2020
    Gunvor to end use of agents to win business

    Latest commodity trader to cut back on intermediaries as sector faces scrutiny from regulators

  • Tuesday, 29 September, 2020
    Oil & Gas industry
    Oil traders rush to invest billions into renewables

    Mercuria, Gunvor, Vitol and Trafigura speed up preparations for energy transition

  • Sunday, 14 June, 2020
    Singapore
    Gunvor boss criticises ‘loose lending’ in Singapore

    One of world’s largest independent oil traders raises concerns after trading scandals in city state

  • Thursday, 17 October, 2019
    Gunvor pays almost $100m to settle Africa corruption case

    Prosecutors say Swiss energy trader lacked measures to prevent staff bribing officials

  • Monday, 14 October, 2019
    Gunvor has learnt lessons from corruption case, says chief

    Torbjorn Tornqvist vows to continue tightening procedures at the energy trader

  • Friday, 7 June, 2019
    Energy trader Gunvor bounces back from first annual loss
  • Thursday, 20 December, 2018
    Natural gas
    Commodity traders sharply increase LNG presence

    Growing supply from new gas projects in US and Australia fuels EM buyer demand

  • Tuesday, 18 December, 2018
    Gunvor’s liquefied natural gas deliveries rise 60% in 2018

    The company is on track to become the largest independent commodity trader in LNG

  • Wednesday, 28 November, 2018
    Commodity trader Gunvor to adopt UN human rights principles
  • Wednesday, 31 October, 2018
    Energy trader Gunvor names new CFO
  • Monday, 15 October, 2018
    Oil
    Gunvor closes first sustainability-linked commodity trader financing deal
  • Wednesday, 10 October, 2018
    Oil
    Leading oil traders face off over price outlook as Iran sanctions near

    Views split over direction of crude in 2019

  • Wednesday, 19 September, 2018
    Commodities
    Energy traders and banks back new blockchain platforms

    Aim is to provide faster, cheaper and more secure ways of completing trades

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