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Gunvor Unit to Pay $661 Million After Pleading Guilty in Bribery Scheme
The Wall Street Journal· 2 months agoThe U.S. Justice Department said that Gunvor SA was charged with conspiring to bribe officials of...
Geneva oil trader reaches $661M settlement with US, Swiss authorities over bribery in Ecuador
Associated Press via Yahoo News· 2 months agoGeneva-based commodities trading firm Gunvor said Friday that it has reached a $661 million...
Gunvor Group Inks Purchase Agreement with Texas LNG Brownsville
Hart Energy via Yahoo Finance· 2 months agoThe agreement with Texas LNG Brownsville calls for a 20-year free on-board sale and purchase...
Energy trader Gunvor more than doubles provision for US fine
Reuters via Yahoo Finance· 8 months agoGlobal energy trader Gunvor's first-half net profit slipped to $803 million from $841 million a year...
Swiss prosecutors indict an ex-employee of trading firm Gunvor over bribes paid in Republic of Congo
Associated Press via Yahoo News· 7 months agoSwiss federal prosecutors on Tuesday said they have indicted a former employee of oil trading...
Gunvor: Russia has lost 600,000 barrels of daily oil-refining capacity due to drone attacks
Kyiv Independent via Yahoo News· 2 months agoUkraine's recent drone attacks have knocked out about 600,000 barrels of Russia's daily oil-refining...
UPDATE 4-Energy trader Gunvor to pay $662 mln to end US, Swiss bribery cases
Reuters via Yahoo Finance· 2 months agoGunvor, one of the world's largest oil traders, agreed on Friday to pay about $662 million to resolve U.S. and Swiss investigations into a scheme to pay bribes to Ecuadorean officials to win ...
World’s Biggest Energy Traders Are Returning to Metals
Bloomberg via Yahoo Finance· 2 weeks ago(Bloomberg) -- Some of the world’s biggest energy trading companies are returning to metals, years...
MOVES-Gunvor's macro trading head Monkam to join U.S.-based hedge fund -source
Reuters via Yahoo Finance· 7 months agoThe head of macro trading at Gunvor, one of the world's largest commodities trading companies, has left to join a Houston-based hedge fund and commodity firm, according to a source familiar ...
UPDATE 3-Energy trader Gunvor's 2023 net profit nearly halves
Reuters via Yahoo Finance· 1 month agoGlobal energy trader Gunvor's net profit nearly halved in 2023, as the high price volatility seen across energy commodities abated versus the preceding year. Like Gunvor, rivals including Vitol ...