Gunvor Group
About
Gunvor is one of the world's largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy from where it is sourced and stored to where it is demanded most. Gunvor has strategic investments in industrial infrastructure — refineries, pipelines, storage and terminals — that complement its core trading activity and generate sustainable value across the global supply chain for our customers.
News
TPH: LNG Agreements Start to Materialize, but Most Non-binding
Since the end of April, U.S. LNG export facilities have made agreements totaling 16 mtpa, or 72% of the year’s 22.5 mtpa in offtake agreements.
TotalEnergies Exits Pakistan JV in Deal with Gunvor Group
TotalEnergies is selling its 50% stake in Total PARCO Pakistan to commodities trading company Gunvor Group.
Glenfarne: HOAs Commit More than Half of Texas LNG Plant Capacity
Glenfarne Energy Transition said a new, nonbinding agreement has committed half of the Texas LNG Brownsville plant's 4 million tons/year capacity.
Trafigura, Gunvor Demand Sparks Jump in Brent Oil Benchmark
Trafigura has bought seven cargoes since June 21 and Gunvor bought Forties and WTI cargoes on June 24.
Chesapeake Stockpiles DUCs as Doubts Creep in Over Southwestern Deal
Chesapeake Energy is stockpiling DUCs until demand returns through growth from LNG exports, power generation and industrial activity.
Heard from the Field: US Needs More Gas Storage
The current gas working capacity fits a 60 Bcf/d market — but today, the market exceeds 100 Bcf/d, gas executives said at CERAWeek by S&P Global.
Proactive, not Reactive: Taking Measures to Keep Oil Stable
Events threatening instability are commonplace in the energy sector. Panelists at CERAWeek by S&P Global discussed the strategies their companies are taking to tackle uncertainty.
Gunvor Group Inks Purchase Agreement with Texas LNG Brownsville
The agreement with Texas LNG Brownsville calls for a 20-year free on-board sale and purchase agreement of 0.5 million tonnes per annum of LNG for a Gunvor Group subsidiary.