gunvor news August 2, 2018 / 10:15 AM / a month ago. pexels The trader struck a deal with prosecutors to avoid jail time for cooperating with the “Gunvor will supply 60 cargoes at 13. Company News. Gunvor offloads NFOT. Add to myFT Digest. Gunvor supplied the lowest bid, expressed as a percentage of a barrel of crude oil, in the five-year tender of 11. 36 billion Revolving Credit Facility in favor of Gunvor International B. On the results of the tender Gunvor signed a trade contract with Surgutneftegas for grease oil supply. For more news Gunvor's ClearOcean Tankers orders six scrubber-ready tankers ahead of IMO 2020 rule - Read this Platts shipping news article here. Access latest agriculture news and analysis, conferences and events. 1 designed to "play an integral part in Gunvor’s ongoing, and expanding, operations in the Middle East. Also find news, photos and videos on A new ship holding company has been formed through a joint venture agreement between physical energy trader Gunvor Group… Go Home; News Newport News, Virginia Gunvor (pictured above, far left), who was born in Norway, originally came to the UK in the 1950s as an au pair and later opened Martin’s Travel, the first travel agency in Melton Mowbray, Leicestershire, in 1966. 80% of Brent crude price,” an official told The Express Tribune. Add this topic to your myFT Digest for news straight to your inbox. Be alerted about its next Bunkerspot provides news, in-depth analysis, expert comment and price indications for the global marine fuels industry GLOBAL: Gunvor, Oceangold Tankers and Maas Capital form new ship holding JV - Bunkerspot - Independent Intelligence for the Global Bunker Industry When media broke the news of the Swiss proceedings in July 2012, Gunvor was booted out of the Congolese market and fired its business developer, accusing him of masterminding the illicit scheme. A new ship holding company has been formed through a joint venture agreement between physical energy trader Gunvor Group… Go Home; News Newport News, Virginia Gunvor Sihm is a violinist. In the framework of the contract Gunvor will take up to 5. 67 billion Revolving Credit Facility in favour of Gunvor International B. Gunvor USA LLC, a subsidiary of international oil trader Gunvor Group Ltd. Popular news, March 1 News and events. Also find news, photos and videos on Gunvor Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week Subscribe for Maritime Reporter E-News Oil trader Gunvor Group Ltd (Gunvor) has said it plans to sell Russian assets following the imposition of U. Pascal Collard admitted to bribing authorities in the Republic of Congo and the Ivory Coast to secure oil cargoes. Mining . The NICOSIA, Cyprus, May 22, 2018 (GLOBE NEWSWIRE) -- Gunvor Group, one of the largest physical energy trading companies in the world, has entered into a joint venture with Oceangold Tankers and Maas Gunvor said: "When it comes to President Putin, he does not and never has had any ownership, beneficial or otherwise in Gunvor. LONDON, Jan 25 (Reuters) – The Netherlands has given provisional approval to Gunvor to add a fuel upgrading unit at its Rotterdam refinery, according to a document seen by Reuters, as the Gunvor Says It’s Under Investigation as Swiss Widen Congo Probe (Bloomberg) -- Switzerland’s Office of the Attorney General has widened an investigation into oil-trading activities in the Sanctioned Timchenko Sells Stake in Gunvor. " LONDON, Sept 12 (Reuters) - Switzerland's attorney general has widened a bribery investigation into a former employee of commodities trader Gunvor Group in the Republic of Congo to include the company itself, Gunvor said in a statement on Monday. Noble's Star Gasoline Trader Sinenko Said to Join Gunvor. Gunvor Blogs, Comments and Archive News on Economictimes. Gunvor USA LLC, a wholly owned An initiative to modernize energy trading processes through blockchain was receiving overwhelming interest from market participants, Chief Operations and IT Gunvor Group Eren Zekioglu said in an exclusive interview. ch Gunvor has neither a website nor a Moscow office Gunvor (company)'s wiki: Gunvor Group Ltd is a global commodity trading company registered in Cyprus,[5] with its main trading office in Geneva, Switzerland. This channel was generated automatically by YouTube's video discovery system. We will not terminate a relationship with any of our clients based on unconfirmed news. Business; Law and order Latest news about Gunvor Group. S. Trade Arabia is the leading portal for business information and trade news covering the Middle East and Arabian Gulf countries. 7 billion (2 billion pounds). Gunvor also has trading offices in Singapore , the Bahamas , and Dubai , with a network of representative offices around the globe. Iran has huge problems on oil exports: Gunvor Friday 7 September 2018 GPA wants to share its story with all stakeholders. ” Gunvor USA LLC, a subsidiary of international oil trader Gunvor Group Ltd. A Swiss court accepted a plea bargain on Tuesday from a former employee of energy trader Gunvor Group in relation to an investigation into corruption in Congo Republic and Ivory Coast, the former ONALASKA/ROCKFORD, Ill. V. International oil and gas trading giant Gunvor said Wednesday it opened a branch office in Dubai on Aug. To mark the occasion the oil refinery is organising a family day for members of personnel. Business News -MELBOURNE (REUTERS) - Singapore-based metals trader Kyen Resources has bought the metals trading book of Switzerland's Gunvor, three sources with direct knowledge of the deal said 29 August 2018, News Wires — A Swiss court accepted a plea bargain on Tuesday from a former employee of energy trader Gunvor Group in relation to an investigation into corruption in Congo Republic and Ivory Coast, the former employee’s lawyer said. For Gunvor, one of the world's largest independent commodity traders, the acquisition of the Ingolstadt refinery and the connected marketing activities is the first step to establishing a presence - News - Careers Gunvor identified two compressor units that were critical in the overall process but operated without an advanced monitoring system to track past Gunvor To Expand Global Trading Activity With New Hires. Gunvor has until Aug. has secured a $500 million borrowing base credit facility to support its new downtown Houston office and U. 875% 21may2018, USD, еurobond information: issuer, comment, quotes, payment, ratings Implico expertise supports Gunvor’s refinery investment in Ingolstadt. By Dmitry Zhdannikov LONDON (Reuters) - Trading house Gunvor on Thursday reported a rise in core earnings and traded volumes saying it emerged stronger from brief turmoil in 2014 when its Russian co-founder sold out of the business now worth at least $2. All about News Gunvor buys refinery Q8 . ” Mr. With Golar’s sister vessel, the Hilli, nearing completion and with Petronas FLNG having recently delivered commercial cargoes, FLNG is now entering the mainstream. 13, 2017. pascalheimlicher. The reason? Allegations of corruption and bribery in Latest Gunvor Group articles on risk management, derivatives and complex finance Gunvor Petroleum Antwerp (GPA) is celebrating its 50th anniversary in September this year. 37% of Brent crude price and Shell will also supply the same 60 cargoes at 13. The three partners hold an equal share in ClearOcean Tankers, which has been incorporated Latest Gunvor Group articles on risk management, derivatives and complex finance Ex-Gunvor oil trader found guilty of bribing African officials Latest News. A trader for the Geneva based commodities company Gunvor has been convicted of bribery. Kuwait Photos von 2003 - 2018 Danke an die Fotografen: Thomas Lüthi/BLICK, Pascal Heimlicher (www. 29 percent of a barrel of crude oil. ’s Get All the Oil & Gas Journal News Delivered to Your Inbox. In 1944, the Norwegian nurse Gunvor Galtung Haavik fell in love with a Russian prisoner of war. operations. August 2, 2018 / 10:07 Oil Trader Gunvor Approached Competitors to Sell Itself By Sarah McFarlane Gunvor Group, one of the world’s largest oil traders, has sounded out competitors a The Netherlands has given provisional approval to Gunvor to add a fuel upgrading unit at its Rotterdam refinery, according to a document seen by Reuters, as the international oil trader prepares for tough new environmental rules on shipping fuels. gl/fb/w3ZpQ8 Gunvor Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. , has secured a $875 million borrowing base credit facility, according to a press release. Gunvor Trading giant Gunvor Group said it renewed a $700 million borrowing facility and continues to receive support from its banks—suggesting that sanctions and a U. Gunvor News: Gunvor, Oceangold And Maas Capital Form Tanker JV, UN Seeks Traders' Help Enforcing North Korea Sanctions, Ulstein Reports Good 2012 Financial Latest news about Gunvor Group. Timchenko was a 44 percent shareholder in the Cyprus-based company until he sold his stake to Gunvor CEO and Daily GPI / Markets / NGI The Weekly Gas Market Report / Markets / NGI All News Access Gunvor's New Houston Office to Trade NatGas. English judge rules against Uttam Galva in dispute with Gunvor. Home News Gunvor gets go-ahead for Rotterdam refinery upgrade for IMO 2020 fuels 1/25/2018 LONDON (Reuters) - The Netherlands has given provisional approval to Gunvor to add a fuel upgrading unit at its Rotterdam refinery, according to a document seen by Reuters, as the international oil trader prepares for tough new environmental rules on Global energy trader Gunvor Group is opening its first London office while closing its trading desk in the Bahamas, sources familiar with the matter said. Gunvor News: Latest and Breaking News on Gunvor. Stay updated with business news, breaking news headlines. TXF provides news, high profile networking events, training and data intelligence service to the corporates, traders, financiers and deal makers that encompass the trade, commodity and export finance communities. The U. For the total poll rating with number of votes of Gunvor, see List of countries by credit rating (poll) References ↑ Gunvor News As indicated in an LNG World Shipping news story posted on 22 February 2018, Petrobangla, the Bangladeshi state oil and gas company, had earlier signed a memorandum of understanding with the Gunvor/Exmar partnership covering the provision of an LNG reception facility. Turkish lira hits new September high amid rate hike speculation; “Gunvor USA has grown rapidly since its launch in 2016, and has significantly expanded its bank group as part of the refinancing,” said David Garza, President of Gunvor USA and Managing Director for its North American operations. The Facility will replace the maturing Tranche A of the Borrower's Home News Gunvor gets go-ahead for Rotterdam refinery upgrade for IMO 2020 fuels 1/25/2018 LONDON (Reuters) - The Netherlands has given provisional approval to Gunvor to add a fuel upgrading unit at its Rotterdam refinery, according to a document seen by Reuters, as the international oil trader prepares for tough new environmental rules on Global energy trader Gunvor Group is opening its first London office while closing its trading desk in the Bahamas, sources familiar with the matter said. Gunvor Gunvor draws in record-high support for RCF. Timchenko and CEO Torbjorn Tornqvist. View News Articles: Global energy trader Gunvor Group GGL. " On the results of the tender Gunvor signed a trade contract with Surgutneftegas for grease oil supply. Gunvor Group, one of the largest physical energy trading companies in the world, has entered into a joint venture with Oceangold Tankers and Maas Capital to form ClearOcean Tankers, a new ship holding company. Implico expertise supports Gunvor’s refinery investment in Ingolstadt News Read more LONDON, Sept 12 (Reuters) - Switzerland's attorney general has widened a bribery investigation into a former employee of commodities trader Gunvor Group in the Republic of Congo to include the company itself, Gunvor said in a statement on Monday. com), Michael H. 6 mln tons of grease oil in June-December 2016 from the Ust-Luga port. Oil Trader Gunvor Approached Competitors to Sell Itself By Sarah McFarlane Gunvor Group, one of the world’s largest oil traders, has sounded out competitors a Gunvor News- Zee Business provides latest news on Gunvor, Gunvor news Today, Top News on Gunvor, update on Gunvor. Gunvor (born 1912) grew up in Odda, and showed an early interest in A trader for the Geneva based commodities company Gunvor has been convicted of bribery. Gunvor Petroleum Rotterdam BV (GPR), a subsidiary of Gunvor Group Ltd. Timchenko was a 44 percent shareholder in the Cyprus-based company until he sold his stake to Gunvor CEO and The Netherlands has given provisional approval to Gunvor to add a fuel upgrading unit at its Rotterdam refinery. Explore Gunvor Group profile at Times of India for photos, videos and latest news of Gunvor Group. News and awards. Launching the new website dovetails with the wish to better coordinate the look and feel of the three Gunvor refineries (Antwerp, Rotterdam and Ingolstadt) to each other and improve their commitment to the Gunvor Group. Gunvor Group on Wikipedia, Google News & Yahoo Finance Gunvor Group on LinkedIn, Twitter & YouTube. A Swiss court accepted a plea bargain on Tuesday from a former employee of energy trader Gunvor Group in relation to an investigation into corruption in Congo Republic and Ivory Coast, the former Gunvor Group Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Implico rolls-out OpenTAS at Gunvor Ingolstadt refinerySource: Oil IT NewsPublished on 2017-07-27 As indicated in an LNG World Shipping news story posted on 22 February 2018, Petrobangla, the Bangladeshi state oil and gas company, had earlier signed a memorandum of understanding with the Gunvor/ Exmar partnership covering the provision of an LNG reception facility. sanctions on the company's co-founder Gennady Timchenko, Bloomberg reports. Eni, which won the 15-year tender to supply approximately 180 cargoes, entered a winning bid of 12. com In particular, the probe has been launched into transactions in which Gunvor Group purchased oil from Russia’s Rosneft company and later sold it to third parties GENEVA, April 18, 2018 (GLOBE NEWSWIRE) -- Gunvor Group, one of the largest physical commodities trading companies in the world, announces its support of the Extractive Industries Transparency Gunvor withdraws PA Resources bankruptcy request. Global energy trader Gunvor Group is opening its first London office while closing its trading desk in the Bahamas, sources familiar with the matter said. and Gunvor SA , representing a 30% increase in the total available facilities. The refinery and its international distribution center have direct access to the open sea and the European hinterland, which is a unique location for producing and distributing finished and intermediate products such as LPG, gasoline, diesel Gunvor Group Ltd Add to myFT. — Gunvor Dahl of Onalaska and formerly of Rockford passed away peacefully at the Onalaska Care Center on Monday, Feb. Dow Jones, a News Corp company Swiss news in 10 languages en Search on swissinfo Menu Republic of the Republic of the Congo Swiss prosecutor widens probe into commodities trader Gunvor. probe targeting its founder and Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move Kuwait Petroleum International and Gunvor Group have announced today that News. South African land reform may allow for compensation, ANC says; Bangladesh’s Petrobangla on Tuesday signed a non-binding memorandum of understanding with Gunvor’s Singapore unit for the supply of liquefied natural gas from 2 Billionaire Torbjorn Tornqvist Seeking New Gunvor Partner March 31, 2014 Daily News Billionaire co-founder of Swedish commodities conglomerate Gunvor Group, Torbjorn Tornqvist , may look for a new partner after the existing partners in the company depart, according to Bloomberg . Trading company Gunvor has emerged as a winner in a tender to supply Pakistan with six liquefied LNG World News Staff . World Maritime News. Sinn (www. Trading house Gunvor is looking to sell a stake in more of its Rotterdam oil storage, two sources told Reuters, after offloading a chunk last year to a subsidiary of state oil giant Saudi Aramco. Be alerted about its next Gunvor Group’s acquisition of shares in Meerwind results in an indirect change of control of Rörvik Timber and gives rise to an obligation for Gunvor Group to make a mandatory bid for all shares and to all shareholders in Rörvik Gunvor Group, the world’s fourth-biggest oil trader, plans to expand into short-term buying and selling of LNG as global supply rises. Global energy trader Gunvor Group has put on hold plans to upgrade its Rotterdam refinery that intended to make the plant more Latest Industry News Gunvor Group plans to open a U. Geneva-based, independent energy company Gunvor International BV has Oslo, 18 April 2018 - Gunvor Group, one of the world’s leading commodity trading firms, today announced its support of the Extractive Industries Transparency Initiative (EITI), the global standard for governance of the natural resources. Gunvor invests in Rotterdam refinery. Posted by Eric Haun August 21 Gunvor will take the full contract capacity of the Gandria FLNG vessel of 2 . , Geneva, has completed a deal to take 100% ownership of Kuwait Petroleum International Ltd. com), Miriam Baumgartner, Sonja Baumgartner und Roland Meyer. However, if it is proven that Gunvor has an unacceptable history, ABN AMRO will terminate the relationship, subject to the required legal procedures. Gunvor Gets Go-Ahead For Rotterdam Refinery Upgrade For New Shipping Fuels Home News Gunvor halts Rotterdam refinery upgrade for new shipping fuels 8/28/2018 AMSTERDAM/LONDON, (Reuters) - Global energy trader Gunvor Group has put on hold plans to upgrade its Rotterdam refinery that intended to make the plant more competitive ahead of new global rules on shipping fuel quality, it said, citing market conditions. Commodities trader Gunvor has yet to decide on upgrades to its Rotterdam refinery Ship & Bunker News Team On the results of the tender Gunvor signed a trade contract with Surgutneftegas for grease oil supply. Source: Miscellaneous. Clifford Chance advised Gunvor Petroleum Rotterdam B. , the global commodity trader part-owned by Russian billionaire Gennady Timchenko, has no plans to acquire OAO Kuzbassrazrezugol, Russia’s second-largest producer of coal for power stations. and Gunvor SA . Image Source: SteelGuru. Gunvor Group trading partners LONDON, Aug 16 (Reuters) - Gunvor has hired a senior veteran oil trader, David Garza, previously with BP L> and most recently U. Gunvor was born on June 30th, 1921 in Oslo, Norway. Plus discover more shipping market news, products & services. Our focus is now on completing the financing package and debt facility. Stay informed of all the news from the port of Rotterdam and port related events in general. Gunvor Group decided to withdraw its petition for bankruptcy in PA Resources. Gunvor Google News: RPT-Oil trader Gunvor revamps leadership as old guard stands down - Reuters https:// goo. While we remain a physical trader at heart, we have strategically invested in upstream, midstream and downstream assets to create a platform for international expansion. An explosive investigation by Swiss NGO Public Eye has revealed the complex tangle by which employees of Gunvor, one of the world’s biggest oil traders, BREAKING NEWS Gunvor Petroleum Antwerpen is a mid-sized refinery situated at an ideal location in the northern part of the port of Antwerp, the largest integrated petrochemical cluster in Europe. Brief details are that in 2015, Zambia ordered 100,000 metric tonnes of crude oil from Gunvor but when the oil arrived at the port in Dar-es-Salaam, Zambia refused to […] News and events. 17 to submit an offer for one or more assets, Blackstone Group LP, the financial adviser to Afren’s administrators, said in a letter addressed to TARKO-SALE, Russia (Bloomberg) -- OAO Novatek, the Russian company developing a liquefied natural gas project in the Arctic, is considering a tie-up with global energy trader Gunvor Group Ltd. Gunvor Group, a leading global commodities trading house, has sold a 74 percent stake in OJSC ??Ust-Luga Oil?, the operator of Ust-Luga Oil Products Terminal News Central Africa Republic of Congo: Gunvor, the Kremlin, Gunvor co-founder Gennady Timchenko has close ties to Russia’s President Vladimir Putin Gunvor submitted the most competitive offers for five of six liquefied natural gas (LNG) cargoes sought by Pakistan LNG for delivery in July and August via a Recent News UKMTO Weekly Piracy Report GPA wants to share its story with all stakeholders. East Asia News -BEIJING/LONDON (REUTERS) - Chinese prosecutors have charged an employee of Swiss commodity trader Gunvor Group who has been held for a year for allegedly smuggling fuel and evading Gunvor claims ‘politics’ behind Chinese smuggling allegations Get the latest and most important news of the day – sign up for free to the TradeWinds Daily News Update Gunvor Group Ltd has signed a US$ 1. Add to myFT Digest Tuesday, 28 August, 2018. Gunvor News: Gunvor, Oceangold And Maas Capital Form Tanker JV, UN Seeks Traders' Help Enforcing North Korea Sanctions, Gunvor To Lease Exmar FSRU, Ulstein Gunvor Talked To Rivals To Potentially Sell Itself Tsvetana is a writer for the U. Törnqvist is the majority owner of the closely held Swiss-based firm. Gunvor Group Ltd. We cannot Gunvor Group has completed its acquisition of the Kuwait Petroleum Europoort refinery in Rotterdam, The Netherlands, from Kuwait Petroleum International, allowing the refinery to continue to Gunvor Investments Limited (“Gunvor”), a subsidiary of Gunvor Group Ltd, today entered into an agreement to sell shares in PA Resources AB (publ) for market value (the “SPA”), and purchased a cash settled option over such shares, with a strike price of zero and for a premium that is Gunvor Group, one of the largest physical energy trading companies in the world, has entered into a joint venture with Oceangold Tankers and Maas Capital to Recent News Awilco Says LNG Shipping In particular, the probe has been launched into transactions in which Gunvor Group purchased oil from Russia’s Rosneft company and later sold it to third parties Gunvor Group Ltd. Gunvor Group, 5. oil refiner Tesoro, to run its U. Photos von 2003 - 2018 Danke an die Fotografen: Thomas Lüthi/BLICK, Pascal Heimlicher (www. , Geneva, Get All the Oil & Gas Journal News Delivered to Your Inbox. She breathed her last breath on October 17th, 1995. 13/04/2010 12:49pm Dow Jones News. Global commodities trader, Gunvor Group Ltd. Also find news, photos and videos on Leading international commodities operator Gunvor has sold a 74-percent stake in the Ust-Luga oil terminal to Russian businessman Andrei Bokarev. probe targeting its founder and It has been reported that Gunvor is looking to sell more oil storage in Rotterdam, following on from the stake it sold to Saudi Aramco in 2017. com AMSTERDAM/LONDON, Aug 28 (Reuters) - Global energy trader Gunvor Group has put on hold plans to upgrade its Rotterdam refinery that intended to make the plant more competitive ahead of new global Bunkerspot provides news, in-depth analysis, expert comment and price indications for the global marine fuels industry EUROPE: Gunvor looking to offload further Rotterdam oil storage - Bunkerspot - Independent Intelligence for the Global Bunker Industry In 2017 the U. zoom. Gunvor updates this website regularly, however, all news and information is first posted to the company’s Twitter account: @Gunvor Gunvor was founded in 2000 as a merchant of crude oil and oil products. , is interested in acquiring the African assets of insolvent oil explorer Afren Plc. pexels The trader struck a deal with prosecutors to avoid jail time for cooperating with the Gunvor Group Ltd. subsidiary — which Gunvor in Congo Oil, cash payments and embezzlement. By contrast, rival trader Gunvor is moving forward with plans to set up a floating storage and regasification unit or FSRU barge a stone’s throw from Trafigura’s proposed project, officials Gunvor Hofmo was a poetry poet. The court Gunvor acquires Rotterdam Refinery édité le 02/02/2016 - Plus de news de " Gunvor " - Voir la fiche entreprise de " Gunvor " Gunvor Group has completed its acquisition of the Kuwait Petroleum Europoort refinery in Rotterdam, The Netherlands, from Kuwait Petroleum International, allowing the refinery to continue to operate in line with Gunvor Ex-Gunvor oil trader found guilty of bribing African officials Latest News. sinnart. Swiss-based oil trader Gunvor says it has not been notified of investigations involving the company, and called news of probes by US regulators a rumor, according to company spokesperson Seth Pietras. She was working as head nurse at the hospital in Bodø when she met Vladimir Kozlov. “I expect to remain a dominant shareholder in the Group for the foreseeable future,” he said in an emailed statement. Gunvor Group’s acquisition of shares in Meerwind results in an indirect change of control of Rörvik Timber and gives rise to an obligation for Gunvor Group to make a mandatory bid for all shares and to all shareholders in Rörvik Gunvor Group Ltd has signed a US$ 1. Home; News by topic Belgium-based owner and operator Exmar has executed a ten-year charter with Cyprus-registered commodity trader Gunvor for Business News. Gunvor cashed in almost 17 million dollars from these trading activities. state of Mississippi listed Gunvor on its Iran restricted companies list rendering Gunvor ineligible for investment our daily Iran news brief. subsidiary — which Global energy trader Gunvor Group has put on hold plans to upgrade its Rotterdam refinery that intended to make the plant… Advertisement; Related News Kongsberg A former oil trader with Gunvor Group was given an 18-month suspended jail sentence after admitting to bribing public officials to secure oil cargoes from the Republic of Congo and Ivory Coast. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Oil trader Gunvor agrees to buy second Petroplus refinery - Read this Platts oil news article here. Russian energy trader, Gunvor, has outlaid $400 million to take a 33% stake in the Signal Peak coal mine in Montana, United States. Bloomberg | Quint is a multiplatform, Indian business and financial news company. UL has put on hold plans to add a fuel upgrading unit at its Rotterdam refinery intended to Gunvor Group is the world's third largest independent oil trading company by turnover, with trading conducted from offices in Geneva, Singapore and Nassau, Bahamas. Our focus is now on completing the financing package and debt Gunvor Refinery Replaces Field Equipment without Interrupting Operations project for loading processes at the Gunvor refinery in Ingolstadt. Gunvor is the second commodity trading house to join the initiative that is also aimed at stamping out corruption in the oil industry, following Trafigura which has been supporting the program Gunvor News: Latest and Breaking News on Gunvor. "Gunvor was never notified of any investigation related to the company’s activities. Gunvor Services supports a number of advanced information systems, including for risk, trading and finance CAREERS With almost 200 employees, Gunvor Services AS is a growing operation and is always looking for experienced and motivated people to join our team. Plus discover more oil market news, products & services. GUNVOR PETROLEUM ANTWERPEN (GPA) When media broke the news of the Swiss proceedings in July 2012, Gunvor was booted out of the Congolese market and fired its business developer, accusing him of masterminding the illicit scheme. Gunvor Group Blogs, Comments and Archive News on Economictimes. Gunvor’s involvement is a further addition to a strong partnerships along the Fortuna value chain. IMO2020: Gunvor Rotteram Refinery Upgrade in Offing. We cannot ISLAMABAD: Global commodity trader Gunvor and Italian energy company Eni on Thursday emerged as the lowest bidders for supplying a total of 240 shipments of liquefied natural gas (LNG) at much Gunvor Group has completed its acquisition of the Kuwait Petroleum Europoort refinery in Rotterdam, The Netherlands, from Kuwait Petroleum International, allowing the refinery to continue to Trading house Gunvor is looking to sell a stake in more of its Rotterdam oil storage, two sources told Reuters, after offloading a chunk last year to a subsidiary of state oil giant Saudi Aramco. Steel News - Published on Fri, 11 May 2018. Follow LNG World News. gunvor petroleum rotterdam (gpr) GPR, 100% owned by Gunvor Group, is situated in the Port of Rotterdam. Energy trader Gunvor to open London trading office, closes Bahamas Gunvor had recently recruited a natural gas trading team for London International oil trader Gunvor Group Ltd. The National Oil Corporation (NOC) has reasserted that it is the only body authorised by the United Nations to export crude oil and oil products from Libya. 6247 percent, the official said. Switzerland’s attorney general has widened its investigation into the activities of a former employee at commodity trader Gunvor accused of bribery, money laundering and embezzlement in Africa. is borrowing $500 million to fund a new trading office in Houston as one of the world’s five largest independent oil traders makes its boldest move yet to diversify operations. For the total poll rating with number of votes of Gunvor, see List of countries by credit rating (poll) References ↑ Gunvor News Latest News. on the financing of a comprehensive upgrade of its Gunvor Petroleum Rotterdam refinery. office as the oil trader moves away from its Russian roots, according to people with knowledge of the matter. Sugar; Last month, Switzerland-based Gunvor's shipping arm Clearlake fixed a MR tanker, the The Permanent Court of Arbitration (PCA) in the Hague has started hearing the matter in which Gunvor Oil of South Africa has sued the Zambian government. Gunvor has secured Exmar’s FSRU barge to use in a small-scale LNG project in Bangladesh, but could struggle to secure the vessels needed to supply the project. Oil Trader Gunvor Group Invests in Paraguay Petroleum Supplier. operations as the Swiss Oslo, 18 April 2018 - Gunvor Group, one of the world’s leading commodity trading firms, today announced its support of the Extractive Industries Transparency Initiative (EITI), the global standard for governance of the natural resources. When RTS disclosed news of the Gunvor’s involvement is a further addition to a strong partnership along the Fortuna value chain. Gunvor Group News: Latest and Breaking News on Gunvor Group. The list of bidders is a who's who of top commodity traders and oil firms, with Engie, Trafigura, Gunvor, Glencore, SK, Oman Trading International, Noble , Eni, Petronas, Shell, Gas Natural Fenosa Global energy trader Gunvor Group has put on hold plans to upgrade its Rotterdam refinery that intended to make the plant… Advertisement; Related News Kongsberg NICOSIA, Cyprus, May 22, 2018 (GLOBE NEWSWIRE) — Gunvor Group, one of the largest physical energy trading companies in the world, has entered into a joint venture with Oceangold Tankers and Maas Gunvor was founded in 2000 by Mr. Subscribe to Breaking News. a commentator on the Ekho Moskvy news website said with apparent glee that Putin allies appeared to be getting frightened. NEWS. Swiss news in 10 languages en Search on swissinfo Menu Ex-Gunvor Oil Trader Found Guilty of Bribing African Officials Gunvor “wholly rejects the possibility of a conscious and desired Gunvor Group Ltd is a global commodity trading company registered in Cyprus, with its main trading office in Geneva, Switzerland. August 2, 2018 / 10:07 Gunvor Group Ltd is a global commodity trading company registered in Cyprus, with its main trading office in Geneva, Switzerland. x DOWNLOAD. It has been reported that Gunvor is looking to sell more oil storage in Rotterdam, following on from the stake it sold to Saudi Aramco in 2017. news, events and services for companies and individuals involved in global trade. The court confirmed the decision. GENEVA, April 18, 2018 (GLOBE NEWSWIRE) -- Gunvor Group, one of the largest physical commodities trading companies in the world, announces its support of the Extractive Industries Transparency Trading giant Gunvor Group said it renewed a $700 million borrowing facility and continues to receive support from its banks—suggesting that sanctions and a U. -based Divergente LLC consulting firm with over a decade of experience writing for news outlets such as The upgraded Rotterdam refinery will complement Gunvor Group’s existing refining operations, particularly through integration with its existing European refinery Read More GPR launches new website! Gunvor Group Ltd Add to myFT. Gunvor is looking for more staff after hiring at In 2012, Swiss Television revealed that Gunvor’s headquarters in Geneva had been searched by the police. Gunvor Singapore Pte Ltd is set to supply LNG to Bangladesh from 2018 after signing a memorandum of understanding with state-run Petrobangla on Tuesday -- Bangladesh s fifth LNG supply agreement, and the third this month. [2] EEMUA news « ‹ 1 ; 2 › » From tank bottoms to wind turbine blades, and lots of things in between Global commodity trading company Gunvor has extended the News Contact Us Gunvor Awarded Fortuna FLNG Offtake. The company-now one of the world’s largest independent commodity traders-built its reputation selling Russian oil, but in recent years has diversified. Switzerland's attorney general has widened a bribery investigation into a former employee of commodities trader Gunvor Group in the Republic of Congo to include the company itself, Gunvor said in Gunvor Group has completed the sale of the Novorossiysk Fuel Oil Terminal to a subsidiary of OJSC Transneft. Gunvor starts Ingolstadt refinery Gunvor Group Ltd has commenced operations at the former Petroplus refinery in Ingolstadt, Germany, having completed the acquisition of the refinery assets and relevant marketing activities. We combine Gunvor, one of the world’s largest independent oil and energy traders, said on Tuesday that an investigation by the attorney general had been widened to “examine possible organisational shortcomings exploited by the ex-employee to perpetrate alleged acts of bribery of foreign officials”. Explore Gunvor profile at Times of India for photos, videos and latest news of Gunvor. Gennady Timchenko was the co-founder (together with Torbjörn Törnqvist) of Gunvor Group, a corporation registered in Cyprus, and operating in trading and logistics related to the international energy market. to receive news Gunvor confirms that Mr Timchenko has sold his shares to his Swedish co-founder, Mr Tornqvist. as it prepares to ship LNG abroad for the first time. He is not a beneficiary of Gunvor or its activities, directly or Gunvor Group, one of the world’s largest oil traders, has sounded out competitors over a possible sale, two people familiar with the matter said. Gunvor said the investigation was expanded to By John Lee. Gunvor said the investigation was expanded to Global energy trader Gunvor Group is opening its first London office while also closing its trading desk in the Bahamas to increase efficiency in North America, sources familiar with the matter said. Haavik’s life was about to be turned upside-down. Also find news, photos and videos on Gunvor Oil trader Gunvor Group Ltd (Gunvor) has said it plans to sell Russian assets following the imposition of U. News. Joe Fisher Gunvor USA LLC has opened a trading office in Gunvor inks largest shipowning move with six newbuildings Get the latest and most important news of the day – sign up for free to the TradeWinds Daily News Update Gunvor, who was informed of the publication of the report by Public Eye, announced yesterday to Reuters news agency that it was now being prosecuted for attribution of a felony or misdemeanor as a result of "inadequate organization", the only charge under the Swiss Criminal Code to prosecute companies - not individuals - for criminal offenses Gunvor Chief Executive Torbjörn Törnqvist said the company has no sale plans “at this time. GENEVA, SWITZERLAND--(Marketwired - March 3, 2016) - Gunvor Group, one of the world's largest independent commodities trading houses, has completed the sale of the Novorossiysk Fuel Oil Terminal In 2011, Gunvor purchased a stake in Keaton Energy Holding in South Africa, and also a 33% stake in the Signal Peak coal mine, which for the first half of 2012, was the highest producing long wall Pétrole: Un ex-employé de Gunvor soupçonné de blanchiment à Genève - News Genève: Actu genevoise - tdg. Share this article. gunvor news