Work Here?
About Gunvor
Industries
Industrial & Manufacturing
Energy
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$7B
Headquarters
Geneva, Switzerland
Founded
2000
Overview
Gunvor moves physical energy, metals, and bulk materials from where they are produced to where they are needed most. The company operates by sourcing these commodities and using its own network of refineries, pipelines, and storage terminals to manage the logistics of the global supply chain. Unlike many competitors that focus solely on trading, Gunvor invests heavily in industrial infrastructure and upstream assets to gain direct control over the movement and processing of goods. Its goal is to create sustainable value for customers by providing efficient and safe transport solutions for essential global resources.
Simplify's Take
What believers are saying
- Gunvor USA's $2.34B borrowing base facility oversubscribed by 21 lenders in 2025.
- LNG credit facility upsized to $1.565B from $1.2B due to strong demand.
- Sace guarantees €400M 5-year term loan, matching Mercuria and Trafigura deals.
What critics are saying
- LNG glut from Plaquemines Phase 2 crashes prices below $5/MMBtu, breaching covenants by Q1 2027.
- Vitol ramps to 1.2 mbpd U.S. crude, cutting Gunvor's Houston volumes 25% in 12 months.
- Spain's 2030 renewables mandate impairs BBE gas plant by €200M via EU ETS by 2029.
What makes Gunvor unique
- Gunvor holds 42% stake in Oklahoma's Flywheel Energy for U.S. natural gas production.
- Gunvor acquired 75% of BP's 785MW Bahia De Bizkaia power plant in Bilbao, Spain.
- Gunvor invests £60M in Artemis Technologies' zero-emission eFoiler hydrofoiling ferries.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$7B
Above
Industry Average
Funded Over
1 Rounds
Benefits
Professional Development Budget
Company News
Gunvor Group Ltd announced a management-led buyout, with the management team acquiring full ownership from majority owner Torbjorn Tornqvist. Gary Pedersen, head of Americas since 2024, is appointed as the new CEO. The transaction aims to introduce new governance and structural changes for long-term growth in the U.S., Europe, and Asia. Pedersen will operate between Houston and Geneva during the transition. Additional board and executive changes are anticipated.
Gunvor Group has invested in Artemis Technologies to support nonhydrocarbon maritime solutions. This follows a £33 million ($45 million) UK Government grant to the Artemis-led Belfast Maritime Consortium for zero-emission ferries, bringing total project investment to £60 million ($75 million). The investment will aid the development of the Artemis eFoilerTM, an electric hydrofoiling system, reducing fuel costs by 90% and emissions to zero for vessels carrying up to 350 passengers.
Commodity trading giant Gunvor has grown its uncommitted borrowing base facility in the US to US$2.34bn with support from a syndicate of 21 lenders, including four new participants. Houston-headquartered Gunvor USA says the facility was strongly oversubscribed, which managing director David Garza says “reflects the continued confidence of our banking partners in the US business ...
Gunvor's unit takes pertamina's PGN to arbitration over LNG supply dispute.
The prime minister was told that the Gunvor Group had already signed an agreement to acquire 50% shares of Total Parco.
Gunvor is Hiring for 27 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Gunvor
Industries
Industrial & Manufacturing
Energy
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$7B
Headquarters
Geneva, Switzerland
Founded
2000
Gunvor is Hiring for 27 Jobs on Simplify!
Find jobs on Simplify and start your career today