MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 19.Aug.2025, Words: 328) — AMIGO LNG S.A. de C.V., the Mexican joint venture of Texas-based Epcilon LNG LLC and Singapore-based LNG Alliance, signed a definitive long-term sale and purchase agreement (SPA) with Gunvor Singapore Pte Ltd. Per the agreement, Gunvor will acquire 0.85 million […]
Tag: Gunvor
TotalEnergies Divests Shares in Total Parco in Pakistan
(TotalEnergies, 6.Aug.2024) — TotalEnergies signed an agreement to sell its 50% stake in Total PARCO Pakistan Limited (TPPL) to Gunvor Group. The transaction reflects the selective strategy of TotalEnergies in Marketing & Services focused on core geographies with growth and transitioning opportunities. TPPL is a 50/50 joint venture between TotalEnergies […]
Chesapeake, Delfin LNG and Gunvor Ink 0.5 MTPA Deal
(Chesapeake, 13.Feb.2024) — Chesapeake Energy Corporation (NASDAQ: CHK), Delfin LNG LLC and Gunvor Group Ltd, through Gunvor Singapore Pte Ltd, announced the entrance into a liquefied natural gas (LNG) export deal that includes executed Sales and Purchase Agreements (SPA) for long-term liquefaction offtake. Under the SPA, Chesapeake will purchase approximately 0.5 […]
Switzerland Investigates Gunvor Links To Ecuador
(Reuters, 30.Jun.2021) — Swiss prosecutors said on Wednesday they are investigating whether bribery, money laundering or other crimes linked to Ecuador oil trading were committed in Switzerland following a U.S. criminal case against an ex-Gunvor Group employee. U.S. prosecutors are investigating “the suspected bribery of Ecuadorian public officials and money […]
EP PetroEcuador Opens Doors To Corruption Investigation
(Energy Analytics Institute, 15.Apr.2021) — EP PetroEcuador offered Ecuador’s attorney general’s office access to all the necessary facilities it sees fit to collect any type of information requested as part of the investigation processes of the justice institution related to acts of corruption related to the state entity. Alleged cases […]
Ecuador Judge Orders Pre-trial Detention Of Officials In Oil Graft Case
(Reuters, 14.Apr.2021) — An Ecuadorean judge ordered that the country’s current comptroller and former energy minister be placed under pre-trial detention on charges of organized crime related to state oil company Petroecuador, prosecutors said on Wednesday. Prosecutors on Tuesday alleged that Comptroller Pablo Celi and former energy minister Jose Agusto […]
Energy Capital Vietnam And Gunvor Form Trade JV
(ECV, 8.Dec.2020) — Energy Capital Vietnam (ECV), a US-based project holding and development company established in 2015 to serve as a platform for private investment into Vietnam, has announced the formation of a joint venture (JV) with Gunvor International BV (Gunvor), one of the world’s leading independent energy commodities trading […]
Exxon Among 34 Vying To Market Guyana’s Oil
(Stabroek News, 22.Apr.2020) — Thirty-four companies have submitted expressions of interests (EOIs) to market Guyana’s entitlement from the Exxon-operated Liza Destiny FPSO in the Stabroek Block, offshore Guyana. The companies include the Stabroek Block operator ExxonMobil, current marketer Shell Western Supply and Trading Ltd, former British Petroleum Company BP, Norway’s […]
Glencore Lands PetroEcuador ‘Spot’ Deal
(Energy Analytics Institute, Ian Silverman, 14.Jul.2018) – Glencore Ltd won a recent EP PetroEcuador spot auction, which guarantees the Ecuadorian entity income of $279.3 million. The Swiss company offered the best bid price with a positive differential of $ 1.08 per barrel, reported the daily newspaper El Universo. EP Petroecuador […]