Accessibility helpSkip to navigationSkip to contentSkip to footer
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign In
  • Home
  • World
    Sections
    • World Home
    • Israel-Hamas war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • Japanese stock index suffers worst day since 1987 as global rout intensifies
    • Labour has the UK’s wealthier over-65s in its sights
    • UK universities regulator plans for looming insolvencies
    • Fresh violence flares after dozens of rioters arrested across England
    • Why global investors find it so easy to sell Japan
  • UK
    Sections
    • UK Home
    • UK Economy
    • UK Politics
    • UK Companies
    • Personal Finance
    Most Read
    • Labour has the UK’s wealthier over-65s in its sights
    • UK universities regulator plans for looming insolvencies
    • Fresh violence flares after dozens of rioters arrested across England
    • Why are the far right rioting in England?
    • Why pension funds should not be patriots
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Blessed are the bean counters — except when it comes to growth
    • Widespread boycotts in Muslim countries hammer western brands
    • Novo Nordisk boosts research as rivals challenge weight-loss leader
    • Why pension funds should not be patriots
    • Woodside to buy OCI Global’s ‘blue’ ammonia project for $2.3bn
  • Tech
    Sections
    • Tech Home
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
    Most Read
    • Lloyds hires Amazon Web Services executive as its new AI chief
    • A rollercoaster earnings season for tech stocks
    • Elliott says Nvidia is in a ‘bubble’ and AI is ‘overhyped’
    • Brain implant made from graphene is set to begin UK clinical trial
    • Big Tech groups say their $100bn AI spending spree is just beginning
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
    Most Read
    • Japanese stock index suffers worst day since 1987 as global rout intensifies
    • Why global investors find it so easy to sell Japan
    • Asset managers fret over lost gains as investor cash piles up on sidelines
    • Everyone calm down
    • Woodside to buy OCI Global’s ‘blue’ ammonia project for $2.3bn
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Why global investors find it so easy to sell Japan
    • The power of choosing your words wisely
    • Blessed are the bean counters — except when it comes to growth
    • The volatile far right on UK streets is becoming more difficult to label
    • Why pension funds should not be patriots
  • Lex
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
    Most Read
    • Cities on screen: Choose Edinburgh
    • Tesla attempt to save Elon Musk’s $56bn pay package gets sceptical reception
    • ‘Gone are the days of taking a phone call in the open’: why office pods are everywhere
    • Bolt promises benefits to gig workers ahead of court battle with union
    • How Roger Federer rode the ‘beautiful wave’ of tennis for 24 years
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • What and how to read
    • Cities on screen: Choose Edinburgh
    • One of Scandinavia’s buzziest fashion brands is ready to scale
    • Photobombing de Gaulle: how a forgotten picture rewrites the history of WWII
    • Could music win it for Kamala Harris?
  • HTSI
MenuSearch
  • Home
  • World
  • UK
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Lex
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

Gunvor Group Ltd

  • Thursday, 1 August, 2024
    Gunvor steps up biofuel bet as it uses record profits to diversify

    Commodity trader buys half of Varo Energy’s $600mn Dutch project

    The Varo refinery in Cressier, Switzerland
  • Friday, 1 March, 2024
    Gunvor to pay more than $660mn to resolve US corruption case

    Swiss group owned by billionaire Torbjörn Törnqvist pleads guilty in New York court over scheme to bribe Ecuadorean officials

    A Gunvor refinery in Rotterdam, Netherlands
  • Monday, 11 December, 2023
    Commodity trader Gunvor to buy Spanish power station from BP

    Geneva-based group aims to take advantage of volatility in gas and power markets

    An LNG carrier uploads liquefied natural gas at the Bahia de Bizkaia plant in Spain
  • Tuesday, 24 October, 2023
    Gunvor chief looks to keep control in family after end of Adnoc talks

    Torbjörn Törnqvist says bumper profits have reduced rationale for seeking outside investor

    Torbjörn Törnqvist
  • Tuesday, 27 June, 2023
    News in-depthRussian business & finance
    Vitol and Gunvor help keep Russian refined oil flowing, data shows

    European energy traders are still large buyers, according to FT analysis of exporters’ customs declarations

    A construction worker climbs out of a fuel storage tank porthole at a VTTV oil storage terminal
  • 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

    The BP logo
  • 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

    Stockpiles of coal at the Newcastle Coal Terminal in Newcastle, New South Wales, Australia
  • 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

    Oil is pumped into an oil tanker
  • 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

    Torbjörn Törnqvist, Gunvor chief executive
  • 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

    A Gunvor refining facility at the port of Rotterdam
  • 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

    An oil refinery
  • 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

    A Gunvor refinery in Rotterdam, Netherlands
  • 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’

    A Rosneft oil derrick in eastern Siberia.
  • 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

    Gas storage tanks seen from a distance
  • 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

    An oil tanker
  • 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

    Toernqvist CEO of Gunvor Group pauses during the first Global Commodities Summit in Lausanne...Torbjoern Toernqvist, CEO of Gunvor Group Ltd, an independent commodity trading company, pauses during a panel discussion at the first Global Commodities Summit in Lausanne April 24, 2012. REUTERS/Denis Balibouse (SWITZERLAND - Tags: BUSINESS COMMODITIES HEADSHOT)
  • Monday, 14 October, 2019
    Gunvor has learnt lessons from corruption case, says chief

    Torbjorn Tornqvist vows to continue tightening procedures at the energy trader

    CEO of Gunvor Group, Torbjorn Tornqvist speaks during the Oil & Money conference in London...CEO of Gunvor Group, Torbjorn Tornqvist speaks during the Oil & Money conference in London October 1, 2013. REUTERS/Luke MacGregor (BRITAIN - Tags: BUSINESS ENERGY) - RTR3FHC7
  • 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

    The LNG Sakura liquefied natural gas tanker arrives at Tokyo Gas Co.'s Negishi LNG terminal in Yokohama, Japan, on Monday, May 21, 2018. Tokyo Gas received Japan's first LNG shipment from Dominion Energy's Cove Point project today, the company said in statement. Photographer: Tomohiro Ohsumi/Bloomberg
  • 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

Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency Converter

Community & Events

FT CommunityFT Live EventsFT ForumsBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2024. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Edition:UK
International
Subscribe for full access

Top sections

  • Home
  • World
    • Israel-Hamas war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
  • UK
    • UK Economy
    • UK Politics
    • UK Companies
    • Personal Finance
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
  • Markets
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Lex
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • HTSI
  • Special Reports

FT recommends

  • Alphaville
  • FT Edit
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Visual and data journalism
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Live Events
  • FT Forums
  • Board Director Programme
  • myFT
  • Portfolio
  • FT Digital Edition
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In