Gunvor Crude

This grade is described as light because of its relatively low density, and sweet because of its low sulphur content. Gunvor, which was co-founded by Tornqvist in 2000, has about 1,500 employees worldwide who help source crude oil and refined oil products traded in more than 100 countries. 21-22 at 14. 2783 percent of Brent crude oil prices. The Company trades crude oil, gasoil, fuel oil, gasoline, naphtha, and liquefied natural gas. In Geneva, its main trading office, Gunvor employs over 225 people while its Singapore office, the company’s fastest growing, currently employs more than 100 and comprises about a third of Gunvor’s trading in crude oil, oil products, coal, iron ore, industrial metals and precious metals. Tulane University. Gunvor has hired a senior veteran oil trader, David Garza, previously with BP L> and most recently U. 29pc of crude oil price for long-term 15-year contract. Gunvor was founded as a merchant of crude oil and oil products. See the complete profile on LinkedIn and discover William’s connections and jobs at similar companies. 9% of Brent for a late December cargo, submitted by Gunvor. 3% of Brent crude oil prices for a late October cargo, submitted by Vitol, to 10. gunvor Forgers are forcing a $9 trillion business into the digital age Cyber-crime is also an increasing threat as fraudsters become more sophisticated, according to Collins at TradeCloud, which uses blockchain technology to enhance security on its platform. The 95 to 100 million tonnes of crude oil annually entering Rotterdam are almost entirely destined for refineries in the port itself and in the Netherlands, Belgium and Germany. Gunvor to start producing IMO-compliant fuel oil mid-2020. Vikram has 2 jobs listed on their profile. Gunvor Group Ltd. Last year Clearlake was the eighth largest spot charterer of dirty tankers, according to figures compiled by Poten & Partners. She succeeds Jacques Erni, who will transition to an executive director role on the. Gunvor Launches USD 500 Million Syndication For Belgian Refinery Gunvor Closes USD $625 Million Syndication for Belgian Refinery, Oversubscribed by 25% antwerp belgium brc europe gunvor petroplus refinery. It sold its stake in crude oil storage at the Maasvlakte Olie Terminal late last year to Saudi Aramco Overseas Co. Its main trading office is in Geneva, but its headquarters are in Nicosia, Cyprus. Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy, metals and bulk materials from where they are sourced and stored to where they are demanded most. Timchenko transferred funds linked to alleged corrupt deals in Russia through the U. Paul has 4 jobs listed on their profile. Gunvor group's Anti-bribery & Corruption Compliance Director day-to-day support and direct report: - Supervise and guide remote compliance team members - Work with/assist in managing Financial Crime Risks with a strong focus on commercial agents and corporate hospitality. enabling Gunvor to acquire crude oil and petroleum. عرض ملف Adrien Janillon الشخصي على LinkedIn، أكبر شبكة للمحترفين في العالم. At OMV refineries crude oil is converted into fuel, heating oil, bitumen and petrochemical products by means of distillation, desulphurization, refining and mixing. Amsterdam, Geneva Branch („Gunvor”), for crude oil deliveries to AB ORLEN Lietuva (“ORLEN Lietuva”). oil refiner Tesoro, to run its U. * This phone number available for 3 min is not the recipient’s number but a number from a service which will put you through to that person. “Expanding into vessel ownership and taking advantage of the historically low shipbuilding prices to contract eco-friendly, scrubber-ready newbuilding tankers represented an attractive opportunity,” says Jan Andersen, Head of Shipping at Clearlake. Gunvor Petroleum Antwerp (GPA) is celebrating its 50th anniversary in September this year. Commodities trading. Gunvor Group Ltd. Gunvor may enter into negotiations with Petroci (National Oil Exploration Company of Côte d'Ivoire) for the removal of a shipment of crude oil, as documented in several documents. View Lily Zhang’s profile on LinkedIn, the world's largest professional community. Gunvor is one of the world’s leading independent commodities trading houses, and with the acquisition of the Rotterdam facility is now responsible for more than 1,000 refining jobs in Europe and almost 300,000 b/d of installed refining capacity. 8 percent and Trafigura again bid the lowest for Feb. Sylvain has 7 jobs listed on their profile. The first was. Posts about Gunvor written by Henry Page. Gunvor, which was co-founded by Tornqvist in 2000, has about 1,500 employees worldwide who help source crude oil and refined oil products traded in more than 100 countries. What we do Petroleum—or crude oil—is a mixture of carbon particles, formed from the debris of plants and animals that died millions of years ago and, as a result of decay and the pressure of the Earth’s surface, became compacted. operations as the Swiss trading house further expands in. Gunvor Group is one of the largest independent commodity traders in the world, with operations in energy trading, trans-shipment and transportation of raw materials and petroleum products, as well as crude oil refining. View Chih-Kuo Sun’s profile on LinkedIn, the world's largest professional community. Augusta Energy merges many talents in crude oil and petroleum products trading. Information on valuation, funding, acquisitions, investors, and executives for Gunvor Group. LONDON (Reuters) - A rebound in profit this year has allowed Gunvor Group to cancel plans to sell its Ingolstadt refinery in Germany and stall the … Flipboard: Exclusive: Energy trader Gunvor cancels refinery sale as profit jumps. Oiltanking says the long-term deal further strengthens the position of Amsterdam, and the Oiltanking terminal in particular, as the preferred gasoline blending location in the ARA region. GUNVOR MAERSK - 9302891 - CONTAINER SHIP 9302891 GUNVOR MAERSK Click to view larger image. We leverage our expertise and relationships with crude suppliers to gain access to the types of crude oils our facilities process. These grades set the Brent crude benchmark for worldwide oil prices. The Dutch authorities have told Gunvor that it would not have to conduct an environmental assessment to move forward with construction of the upgrade. Gunvor is an independent energy trading company. It also trades African, Asian, and South-American crude and is active on all continents. ) will acquire sole control over Kuwait Petroleum Europoort B. There are two other main oil markers: Brent Crude and West Texas Intermediate. London — The short-lived oil price spike in the wake of the "nightmare" attacks on Saudi Arabia's oil facilities last month is a reflection of the Middle Eastern oil giant's waning influence in global oil markets, according to the head of Switzerland-based energy trader Gunvor. Its main trading office is in Geneva, but its headquarters are in Nicosia, Cyprus. Gunvor employed more than 1,600 people in 2012. It added: “Under the DSDP arrangement, the under listed fifteen (15) consortia/companies shall over the contract period, offtake crude oil and in return, deliver corresponding petroleum products. 17 according to Reuters data. 9% share into PA Resources – engaged into oil and gas exploration and extraction - has signed in Singapore a huge syndicated revolving credit facility widely oversubscribed. Gunvor Completes Crude Oil Pipeline Sale to Gazprombank The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis. Surgutneftegaz awards 340,000 T of April Urals crude to Shell, Gunvor, SOCAR Saturday, 23 March 2019 | 00:00 Russia’s Surgutneftegaz awarded a spot tender on Friday to sell 340,000 tonnes of Urals crude oil loading from the Baltic port of Ust-Luga and Black Sea’s Novorossiisk, traders said. In the Republic of Congo, this is an extremely lucrative business activity. Mercuria, which is headquartered in Geneva and is predominantly a crude and refined products trading shop, has a team of approximately 1,200 people working in some 37 offices around the globe and has annual “turnover,” or essentially gross annual revenues of around $100 billion. Supersized Crude Build Sends. eu 2001 – Prezent 18 ani. oil refiner Tesoro, to run its U. View William Ashbee’s profile on LinkedIn, the world's largest professional community. 3-4 cargo was at 15. The principal commodities traded by Gunvor continue to be refined petroleum products (fuel oil, gasoil, gasoline, naphtha, and LPG), crude oil, coal, natural gas, LNG, biofuels, carbon emissions and grains. See who you know at Gunvor Petroleum Antwerpen nv, leverage your professional network, and get hired. PLATTS WINDOW * No deals. * Oil trader Gunvor co-founder Timchenko included in list “Crude futures prices could move $2 plus or minus as. 5 million euro), and trading volumes of 184 million metric tons, according to figures posted on the corporate website. Most of its money is located in the west, they add. 9B between their estimated 413. A total of 15 groupings, with 36. Responsible for the Crude Destilation Unit, Hydroskimming Units, Claus and Mea Plant,. To ensure consistent growth in line the latest regulatory and market developments, Gunvor's Compliance Department also undergoes regular external audits, for benchmarking and assessment, that are conducted by Big Four firms. Gunvor Group is one of the largest independent commodity traders in the world, with operations in energy trading, trans-shipment and transportation of raw materials and petroleum products, as well as crude oil refining. 21-22 at 14. View Ralf Seid’s profile on LinkedIn, the world's largest professional community. operations. Heads of Vitol, Trafigura and Gunvor say abundant supply and low demand will cap prices Workers repairing the Khurais oil plant in Saudi Arabia, damaged in attacks last month that saw the crude. Gunvor Group Ltd. Gunvor Group Ltd is a global commodity trading company registered in Cyprus, with its main trading office in Geneva, Switzerland. Gunvor, which was co-founded by Tornqvist in 2000, has about 1,500 employees worldwide who help source crude oil and refined oil products traded in more than 100 countries. Pakistan LNG says Trafigura, Gunvor lowest bidders in LNG tender It said Trafigura made the lowest bid to supply a cargo on Jan. EUROPE: Gunvor's ARA refinery network set to produce VLSFO in Q2 2020 Gunvor Group has confirmed to Bunkerspot this morning that its Rotterdam and Amsterdam refineries willl be 'working in synergy' to start producing the 0. Inc from Belgium through the port of Mobile, Alabama Call 855-374-1199 Import Genius bill of lading data reveals the trading activities of Gunvor Petroleum and millions of other suppliers. Gunvor wholly owns two refineries; one in Antwerp, Belgium; and another in Ingolstadt, Germany, both acquired in 2012. Erfahren Sie mehr über die Kontakte von Romain DUVAL und über Jobs bei ähnlichen Unternehmen. 5739 percent, May 16-17 at 9. The Nigerian government has said 15 oil firms have won bids to lift crude oil for a period of one year. 3% of Brent crude oil prices for a late October cargo, submitted by Vitol, to 10. The company announced on Thursday that negotiations to buy the Europoort refinery in Rotterdam are now in their final stage. * Brent: Gunvor bid at dated Brent plus 10 cents loading Dec. The prices in this tender ranged from 8. aufgelistet. , Geneva, has completed a. LNG with Gunvor State-run gas company GAIL (India) Ltd has signed a time-swap deal with Swiss trader Gunvor to sell some of its. We also employ our financing expertise to ensure the trading and facilities are sustainably maintained. To mark the occasion the oil refinery is organising a family day for members of personnel. Gunvor Refinery Ingolstadt (GRI) is a 100% owned inland refinery operating in a niche market. Crude oil supply arrives via the TAL pipeline system, a 753-kilometer pipeline connection from the marine shipping terminal in Trieste, Italy. Gunvor USA LLC has two main offices, located in Houston (TX) and Stamford (CT), which are focused on trading refined products, crude oil and natural gas. Senior Crude Trader Gunvor SA July 2016 - February 2019 2. crude from Freeport, Texas to Panama for storage. Brittany has 4 jobs listed on their profile. If we can do it, then others can as well," Reuters quoted CEO. Stéphane DEGENNE(GENEVE) est SENIOR CRUDE OIL TRADER chez Gunvor International Bv à Geneve depuis 2007. 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. Surgutneftegaz awards 340,000 T of April Urals crude to Shell, Gunvor, SOCAR Saturday, 23 March 2019 | 00:00 Russia’s Surgutneftegaz awarded a spot tender on Friday to sell 340,000 tonnes of Urals crude oil loading from the Baltic port of Ust-Luga and Black Sea’s Novorossiisk, traders said. Gunvor Group @Gunvor Geneva, Switzerland Moving physical energy and commodities safely and efficiently from where they are sourced and stored to where they are demanded most. London — Global commodity trading house Gunvor has been ordered to pay almost CHF94 million ($95 million) by the Office of the Attorney General of Switzerland for failing to take steps to prevent corruption in gaining access to the petroleum markets of the Republic of Congo and Ivory Coast. Financial processes analysis, design, reporting and accounting. EUROPE: Gunvor's ARA refinery network set to produce VLSFO in Q2 2020 Gunvor Group has confirmed to Bunkerspot this morning that its Rotterdam and Amsterdam refineries willl be 'working in synergy' to start producing the 0. The dilemma now facing the Kremlin's elite is how to hang on to its wealth if Putin leaves power, experts say. Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. In 2017, it had revenue of $63 billion (53. The move comes amid a growing shift in thinking on post-2020 HSFO demand. , Geneva, has secured project financing for a series of planned development and infrastructural upgrades at its 88,000-b/d. Aktivitäten. operations as the Swiss trading house further expands in. Gunvor, which was co-founded by Tornqvist in 2000, has about 1,500 employees worldwide who help source crude oil and refined oil products traded in more than 100 countries. shale hits the market. - Crude Unit - Sour Water Stripper Unit - Offsites Area - Thermal Cracker / Visbreaker Unit - Crude Unit - Sour Water Stripper Unit - Offsites Area. in Freight News 23/03/2019. SEATTLE (polymers. Gunvor Group Ltd is a global commodity trading company registered in Cyprus, with its main trading office in Geneva, Switzerland. See the complete profile on LinkedIn and discover Kenneth’s connections and jobs at similar companies. Gunvor Group, the Geneva-based commodities trader, named Muriel Schwab as group chief financial officer. In Geneva, its main trading office, Gunvor employs over 225 people while its Singapore office, the company’s fastest growing, currently employs more than 100 and comprises about a third of Gunvor’s trading in crude oil, oil products, coal, iron ore, industrial metals and precious metals. These grades set the Brent crude benchmark for worldwide oil prices. 78303 N / 122. Products are shipped from the on-site truck-loading rack and railcar-loading facilities. Last year, Gunvor had revenue of $87 billion. SOCAR Energoresource, a joint venture between Russian lender Sberbank and a group of investors, holds an 80% stake in the. The company announced on Thursday that negotiations to buy the Europoort refinery in Rotterdam are now in their final stage. Join LinkedIn today for free. Gunvor, which was co-founded by Tornqvist in 2000, has about 1,500 employees worldwide who help source crude oil and refined oil products traded in more than 100 countries. Gunvor is leveraging its expertise and excellent relationships with crude suppliers to gain access to the types of crude oils processed at its refineries. Supersized Crude Build Sends. 9999 1/20 oz Brilliant Uncirculated,[#559515] France, Medal, Société des agriculteurs de France, Trotin,2006 W SILVER EAGLE NGC MS70. Gunvor, formed at the start of the century by Tornqvist and his former Russian partner Gennady Timchenko, first specialised in Russian crude and product sales. Bloomberg News reported in June that the trading. Current destination of GUNVOR MAERSK is CNTAO>CNZHS and the estimated time of. See the complete profile on LinkedIn and discover William’s connections and jobs at similar companies. Its main trading office is in Geneva, but its headquarters are in Nicosia, Cyprus. 15 oil firms to lift Nigeria’s crude, deliver 14 billion litres of products. 5 million euro), and trading volumes of 184 million metric tons, according to figures posted on the corporate website. Heads of Vitol, Trafigura and Gunvor say abundant supply and low demand will cap prices Workers repairing the Khurais oil plant in Saudi Arabia, damaged in attacks last month that saw the crude. In April, Pdvsa sold similar shipments to Gunvor and US oil holding Chevron, according to Pdvsa export monthly report. Strategic Planning & Site Development Gunvor Petroleum Antwerpen nv October 2012 – June 2013 9 months. Erfahren Sie mehr über die Kontakte von Max W. Gunvor also said its investment in Tosk Energji is still subject to government approval. Sales and service of High Quality Petroleum Refinery Equipment Products&Machinery. The Dutch authorities have told Gunvor that it would not have to conduct an environmental assessment to move forward with construction of the upgrade. Its main trading office. 1 ("the Merger Regulation"). Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy, metals and bulk materials from where they are sourced and stored to where they are demanded most. Sehen Sie sich das Profil von Romain DUVAL auf LinkedIn an, dem weltweit größten beruflichen Netzwerk. See the complete profile on LinkedIn and discover David’s connections and jobs at similar companies. 29pc of crude oil price for long-term 15-year contract. Gunvor Group will produce low sulfur fuel oil at its Rotterdam refinery following updates set to take place in March. Gunvor says it will re-start the refinery as soon as possible and will operate it on a long-term basis, as part of its strategy of diversifying from pure trading operations. Posts about Gunvor written by Henry Page. Phillips 66 reserves the right, without prejudice, to reject and return to Seller any quantities of crude oil and/or condensate which are found (even after delivery to Phillips 66) to be contaminated by chemicals foreign to virgin crude and/or condensate including, but not limited to, chlorinated and/or oxygenated hydrocarbons. Crude Oil Operations Gunvor Group Ltd March 2008 – August 2009 1 year 6 months. See the complete profile on LinkedIn and discover Russ’ connections and jobs at similar companies. Gunvor also has trading offices in Singapore, the Bahamas, and Dubai, with a network of representative offices around the globe. The private launch sees backers BP, Shell, Equinor, Gunvor and Mercuria go live on the system. Oil trader Gunvor Group Ltd. Sehen Sie sich das Profil von Max W. Ralf has 6 jobs listed on their profile. Gunvor, which was co-founded by Tornqvist in 2000, has about 1,500 employees worldwide who help source crude oil and refined oil products traded in more than 100 countries. Phillips 66 purchases crude oil and condensate through its North American Supply and Trading business operation. Gunvor, which was co-founded by Tornqvist in 2000, has about 1,500 employees worldwide who help source crude oil and refined oil products traded in more than 100 countries. The Nigerian National Petroleum Corporation has announced the winners of its 2019/2020 contracts for the exchange of crude oil for imported petroleum products. See the complete profile on LinkedIn and discover Nick’s connections and jobs at similar companies. View William Ashbee’s profile on LinkedIn, the world's largest professional community. Base Oil Report offers solutions to the entire base oil value chain, from refiners, suppliers, buyers and traders, agents, consultants, lubricant companies, professionals and logistic providers as well as any other entity of the base oil value chain. Gunvor International B. The oil market is rebalancing but OPEC cannot "afford to letup" on its production cuts in the face of rising non-OPEC supplies next year, trading house Gunvor's CEO Torbjorn Tornqvist told Reuters. Gunvor Completes Sale of Novorossiysk Terminal. Commercial help provided to the Relationship Managers, help in the setting-up and follow-up process of bank/country lines, documentary credits confirmation, transactions structuration and folllow-up, credit committees preparation, claculation of confirmation pricings, administrative help in the. Découvrez ses expériences et son réseau professionnel. 9B between their estimated 413. With effect from 1 December 2009, the Treaty on the Functioning of the European Union ("TFEU") has introduced certain changes, such as the replacement of. hired at least one senior energy trader from San Antonio-based Valero Energy Corp. Crude Oil Price Seen At $65-$100 A Barrel Next Year But in 2019, forecasters say emerging-market crises and trade disputes could dent global demand while rising non-OPEC production adds to supply. Eni came up with a bid price of 12. 9 per cent of Brent for a late December cargo, submitted by Gunvor. Total, Gunvor, Glencore Vie To Buy $1B Chevron Assets In South Africa By Tsvetana Paraskova - Oct Plans are to bolster production to 39 million tons of crude per year, or 850,000 barrels per. Crude oil supply arrives via the TAL pipeline system, a 753 kilometer pipeline connection from the marine shipping terminal in Trieste, Italy. 15 million b/d, but shipments eased back afterwards, averaging just 0. Its revenues, which are heavily influenced by underlying commodity prices, rose to $63bn up from $47bn a. Atlantic Trading & Marketing, Inc. View Yik Shiong Leow’s profile on LinkedIn, the world's largest professional community. Speakers at Argus Global Crude - Geneva. See the complete profile on LinkedIn and discover Jeremiah’s connections and jobs at similar companies. crude to be exported to Cuba and how that depends on Venezuela’s current oil-producing situation as well as U. Gunvor has hired a senior veteran oil trader, David Garza, previously with BP L and most recently U. Exclusive: Energy trader Gunvor cancels refinery sale as profit jumps. Monrovia and renamed Seraphine. In 2017, it had revenue of $63 billion (53. Gunvor is further investing in its refineries to ensure legal compliance and business development. Highly accomplished and results driven Senior Energy Trader with over 20 years of experience on energy field including, crude oil, distillates (heavy & middle & light), LNG and gas markets, renewables and environment including,processing and managing waste and reduce the pollution & the emissions and increased energy efficiency, petrochemical and. UPDATE 10-Crude oil futures rise on fears over sanctions against Russia. Stephane Dejenne then replaced Orti as the new global head of crude. Senior Trading Operator chez Gunvor Group Ltd Trading Operator - Crude Desk - West Africa / East Africa / Persian Gulf في Gunvor Group Ltd عرض الملف الشخصي عرض شارات الملف الشخصي. Tuesday, 18 October, 2016. The company has said 40 percent of the crude it handles originates from North and South America, including. Gunvor Kristiansen is Earth Scientist at Chevron Corp. 5 Jobs sind im Profil von Romain DUVAL aufgelistet. Add to my Calendar 04/11/2016 18:30:00 04/13/2016 13:20:00 true FT Commodities Global Summit 2016 Now in its fifth year, the Financial Times returned to the Beau Rivage Palace in Lausanne this April for our industry-leading FT Commodities Global Summit. The size of the new. Gunvor supplied the lowest bid, expressed as a percentage of a barrel of crude oil, in the five-year tender of 11. Aktivitäten. Sanctions on Venezuela, as well as Iran, have kept crude supplies in Asia snug, supporting Brent at $60 a barrel. is engaged in trading oil and crude products including coal, gas, LNG, and emissions. "We found ways to do so without actually changing much, not even the crude oil, to produce some low sulfur fuel oil. Sehen Sie sich auf LinkedIn das vollständige Profil an. Its main trading office is in Geneva, but its headquarters are in Nicosia, Cyprus. Crude market gives commodity trading houses chance to exploit price swings. Last year, Gunvor had revenue of $87 billion. Eric is the Senior Energy Analyst on Citi’s commodities research team in New York, where he conducts research on global energy markets and generates Citi’s house views on oil prices. Atlantic Trading & Marketing, Inc. 29% of the crude oil. Gunvor then further expanded into natural gas, liquefied natural gas (LNG), biofuels, power and carbon emissions. William has 7 jobs listed on their profile. and sources crude oil from 35 countries. Surgutneftegaz awards 340,000 T of April Urals crude to Shell, Gunvor, SOCAR. 15 Companies Win Contract To Lift Nigeria’s Crude Oil Fifteen firms have been selected by the Nigerian National Petroleum Corporation (NNPC) for its crude oil for refined fuel swap otherwise. Sehen Sie sich das Profil von Ivan Egorov auf LinkedIn an, dem weltweit größten beruflichen Netzwerk. After almost three decades on the front lines of global oil trading, the head of crude at Mercuria Energy Group is retiring with a warning about the consequences of the industry's dramatic growth. Gunvor Group Ltd is a global commodity trading company registered in Cyprus, with its main trading office in Geneva, Switzerland. Gunvor builds up underlying profits after shedding terminals and metals unit. Ben Doubroff Crude Oil Trader at Gunvor Group Ltd Calgary, Alberta, Canada Oil & Energy 1 person has recommended Ben. BENEFICIARY : VAT: 0% Total in USD $ 1 803. Indeni Oil Refinery was shut down. Côte d’Ivoire has to be Factored in the Gunvor Affair. Capitol Crude: The US Oil Policy Podcast – Considering the Future of Cuba’s Oil Imports in Light of US Exports. View William Ashbee’s profile on LinkedIn, the world's largest professional community. View Nick Sweeney’s profile on LinkedIn, the world's largest professional community. The prices in this tender ranged from 8. 7270 percent and June 14-15 at 9. Panjiva uses over 30 international data sources to help you find qualified vendors of napo crude oil. The Rotterdam refinery enhances Gunvor's refining operations, particularly through its synergies with the Antwerp refinery. Pakistan LNG says Trafigura, Gunvor lowest bidders in LNG tender It said Trafigura made the lowest bid to supply a cargo on Jan. Gunvor’s proven trading model and relationships in the finance sector have enabled our continued and successful expansion. The port of Rotterdam offers the advantage that even the largest oil tankers can enter the port and load and unload at the oil terminals in a single visit. Gunvor's acquisition of three refineries has created greater opportunities for us to further diversify our crude oil portfolio. The prices, expressed in the document as crude oil slope or the numerical percentage of Brent crude price, are a valuable pointer for the opaque LNG market. Gunvor became the biggest independent LNG trader last year after delivering about 11 million mt, a 60% jump from 2017. 21-22 at 14. Gunvor, co-owned by Gennady Timchenko, has expanded dramatically into foreign trade and assets while ceding a top spot in the Russian crude oil export market to rivals in the past two years. 4 percent of Brent crude oil prices, Gunvor's bid for the Feb. Eni came up with a bid price of 12. Gunvor Group Limited (Gunvor) is a vertically integrated energy trading company. The 95 to 100 million tonnes of crude oil annually entering Rotterdam are almost entirely destined for refineries in the port itself and in the Netherlands, Belgium and Germany. Gunvor hired international compliance experts to assist with enhancing Gunvor's global program. 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 in Germany. See the complete profile on LinkedIn and discover Ralf’s connections and jobs at similar companies. See the complete profile on LinkedIn and discover Kim’s connections and jobs at similar companies. Total, Gunvor, Glencore Vie To Buy $1B Chevron Assets In South Africa By Tsvetana Paraskova - Oct Plans are to bolster production to 39 million tons of crude per year, or 850,000 barrels per. 21-22 at 14. Critics say the wave of renationalisations under Putin has transformed Putin's associates into multimillionaires. Between 2009 and 2011, the company operated a small Houston office that came with its. That was the surprise outcome of the latest big Russian crude oil sales tender, for long routinely won by Gunvor. 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 […]. Gunvor Completes Crude Oil Pipeline Sale to Gazprombank The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis. We leverage our expertise and relationships with crude suppliers to gain access to the types of crude oils our facilities process. crude to be exported to Cuba and how that depends on Venezuela’s current oil-producing situation as well as U. Gunvor Group signed a purchase agreement to acquire the assets of Petroplus’ Ingolstadt refinery and related German marketing activities EU Approves Gunvor Purchase Of German Petroplus Assets Gunvor Starts Ingolstadt Refinery. The price of a gallon of crude oil rose fourfold from USD 3 to USD 12, and caused a revolution in the way oil was sold throughout the world. A former employee of the Geneva-based commodities trader Gunvor has been handed an 18-month suspended sentence as part of a plea bargain. The Transalpine (TAL) pipeline, which originates in Trieste, Italy, supplies crude oil to the refinery. Bose SoundTouch SA-5 Amplifier! OE Replacement for 2000-2012 International 5600i Outer Air Filter, FH Group Synthetic Leather Auto Seat Cover, 4 Headrests Full Set With Steering and Belt Pads, Black Red, Biscayne Outdoor Floor Lamp, Better Homes & Gardens Everson Outdoor Tile-Top Gas Fire Pit, Flash Furniture Leather Swivel Cocoon Chair with Curved Arms. Gunvor Group - The latest news about Gunvor Group from the WSJ Risk & Compliance Journal. See the complete profile on LinkedIn and discover Paul’s connections and jobs at similar companies. See the complete profile on LinkedIn and discover Lorena’s connections and jobs at similar companies. The University of Texas at Austin - Red McCombs School of Business. These include BP, Shell, Mercuria Energy Group, ABN Amro, ING, and Gunvor Group. › Continue Reading. Gunvor Group Ltd. Crude assay ranked Espoir above the Brent in quality. Gunvor Completes Sale of Novorossiysk Terminal. Gunvor, headquartered in Geneva, quoted 11. 3 million barrels per day last year. Its main trading centres are in Geneva, Singapore, the Bahamas and Dubai. * Brent: Gunvor bid at dated Brent plus 10 cents loading Dec. Gunvor international BV, (àcncva Branch 14 Quai General Guisan 1204 Geneva Switzerland Bussels, 02/05/2011 INVOICE Nr 110503 Description SHIP GLEN MAYE 13. The terminal in Novorossiysk was commissioned in 2012. Learn about working at Gunvor Petroleum Antwerpen nv. Tulane University. Gunvor, which was co-founded by Tornqvist in 2000, has about 1,500 employees worldwide who help source crude oil and refined oil products traded in more than 100 countries. Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy, metals and bulk materials from where they are sourced and stored to where they are demanded most. by Herman Wang and Brian Scheid, Platts Editors, March 21, 2016 As President…. Eni came up with a bid price of 12. There are two other main oil markers: Brent Crude and West Texas Intermediate. Gunvor employed more than 1,600 people in 2012. Carmen has 3 jobs listed on their profile. If we can do it, then others can as well," Reuters quoted CEO. 17 according to Reuters data. Gunvor CEO Torbjorn. See the complete profile on LinkedIn and discover David’s connections and jobs at similar companies. As a trader, Gunvor is well suited to running efficient and profitable refineries. Gunvor, which was co-founded by Tornqvist in 2000, has about 1,500 employees worldwide who help source crude oil and refined oil products traded in more than 100 countries. Headquartered in Geneva Switzerland Gunvor has main trading offices in London, Singapore, Nassau, Dubai and Houston. (ii) The target business covers the refining of crude oil and the marketing and distribution of mineral oil products and petrochemical products to national and. Sehen Sie sich auf LinkedIn das vollständige Profil an. Gunvor CEO Torbjorn Tornqvist said he also sees oil at current levels, of under $60 a barrel, a year from now and that next year the market would “test OPEC ’s resolve” on its commitment to. 62% of the $/b crude oil value as its $/mn Btu LNG price for the short-term LNG supply contract whereas Italy's Eni offered to bring LNG over the long run at 12. DXT Commodities, Vitol, PetroChina and Socar Trading submitting the lowest bids for the remaining four delivery slots. Listen to our very own Jorge Piñon as he discusses with Platt’s editors Herman Wang and Brian Sheid on the potential for U. View William Ashbee’s profile on LinkedIn, the world's largest professional community. The Japan Customs-cleared Crude (JCC) is the average price of customs-cleared crude oil imports into Japan (formerly the average of the top twenty crude oils by volume) as reported in customs statistics; nicknamed the "Japanese Crude Cocktail". It plans to sell its stake in the Stargate storage terminal as well but Gunvor told Reuters these efforts were now also on hold. LONDON, Sept 14 (Reuters) - Trading house Gunvor - dubbed by dealers the king of Kremlin oil - has been left with no Russian crude to sell. , Geneva, has secured project financing for a series of planned development and infrastructural upgrades at its 88,000-b/d. Gunvor Talked To Rivals To Potentially Sell Itself. The report added that ConocoPhillips, Cuban Cupet and Cubametales, operator Delaney Petroleum Co, Jamaican Petrojam and Nicaragua also received crude oil and virgin naphtha from Venezuela in May. 29pc of crude oil price for long-term 15-year contract. After 12 years at the company, the company’s head of crude oil trading, Jose Orti, is retiring. The prices in this tender ranged from 8. That was the surprise outcome of the latest big Russian crude oil sales tender, for long routinely won by Gunvor. According to Kommentarii’s source, the supply chain of oil to Ukrtatnafta appears as follows: Rosneft — Gunvor — Rixo (a Turkish company, trading in mazut [low quality fuel oil] for thermal power plants). From FT Alphaville: Dispatches from the 2015 FT Commodities Summit FT Alphaville is in Lausanne, Switzerland, for this year’s Commodities Summit. Strategic Planning & Site Development Gunvor Petroleum Antwerpen nv October 2012 – June 2013 9 months. Last year Clearlake was the eighth largest spot charterer of dirty tankers, according to figures compiled by Poten & Partners. Gunvor employed more than 1,600 people in 2012. Gunvor, formed at the start of the century by Tornqvist and his former Russian partner Gennady Timchenko, first specialized in Russian crude and product sales. Gunvor to start producing IMO-compliant fuel oil mid-2020. ’Femi Asu and Okechukwu Nnodim The Nigerian National Petroleum Corporation has awarded its 2019/2020 contracts for the exchange of crude oil for imported petroleum products to 15 consortiums. Its main trading office is in Geneva, but its headquarters are in Nicosia, Cyprus. Gunvor says it will re-start the refinery as soon as possible and will operate it on a long-term basis, as part of its strategy of diversifying from pure trading operations. It added: “Under the DSDP arrangement, the under listed fifteen (15) consortia/companies shall over the contract period, offtake crude oil and in return, deliver corresponding petroleum products. Espoir is an high-quality, light, low-sulfur and the crude oil is not landlocked; nothing predisposes this oil to trade at a discount in the market. In 2011, Gunvor was trading less than 20% of Russia's seaborne oil.