Search for Gunvor
31.03.2014 Swedish billionaire to seek investors after Russian partner’s exit from Gunvor
The Swedish billionaire who took control of the world’s fourth-largest oil trader last week buying out his Russian co-founder may soon look for a new partner. He says the ownership is too concentrated, Bloomberg reported on March 28.
21.03.2014 Russian billionaire Timchenko sells his Gunvor stake to Tornqvist
Russian billionaire Gennady Timchenko has sold his stake in global commodity trading company Gunvor to his partner Torbjorn Tornqvist, the company stated on its website on March 21, Itar-Tass has reported. Timchenko was put on US sanction list.
21.03.2014 Oil trader Gunvor affected by US sanctions
The U.S.
08.11.2013 Russia’s Novatek to Move into Oil Industry - Newspaper
Privately-owned Russian natural gas company Novatek is moving into oil production in the latest sign of its rapid expansion, RIA Novosti reported on November 8, citing business newspaper Vedomosti.
04.10.2013 Rosneft Returns to Caspian Gunvor Project
Rosneft and the Swedish company Lundin Petroleum are discussing joint offshore exploration in Norway and Russia, Lundin Petroleum has said in a press release.
21.05.2013 Gunvor Unit’s Oil Trading Activities Under Investigation in U.S.
A subsidiary of Gunvor Group Ltd., the independent energy trader, was served a subpoena by the U.S. Attorney’s office in April 2011 for documents relating to its oil-trading activities, Bloomberg reports.
09.04.2013 Gunvor Singapore Launches US $650 Million Revolving Credit Facilities
Gunvor Singapore Pte Ltd (the “Borrower”), a wholly-owned subsidiary of Gunvor Group (“Gunvor” or the “Company”), today launched US$ 650,000,000 syndicated revolving credit facilities (the “Facilities”).
25.01.2013 Gunvor Eyes U.S. Oil, Gas Activities
Reuters reports that Swiss-based trading house Gunvor, once dominant in the Russian crude oil market, is looking at new oil and gas opportunities in the United States, its chief executive said on Thursday.
25.01.2013 Gunvor May Issue Bond, Plans New Oil Refineries
Gunvor Group Ltd., the independent energy trader, may sell as much as $500 million of bonds this year and plans to build new refineries, chief executive officer and co-founder Torbjorn Tornqvist told Bloomberg.
23.01.2013 Gunvor Completes Financing to Support Novorossiysk Fuel Oil Terminal
LLC Novorossiysk Fuel Oil Terminal (“NFT”), which is jointly owned by Gunvor Group (“Gunvor”) and PJSC Novorossiysk Commercial Sea Port (“NCSP”), has successfully closed a secured 7-year USD $110 million credit facility (the “Facility”) from ZAO Raiffeisenbank.
March 2014
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