Gunvor Group

MANAGEMENT BUY-OUT //  Members of the management of Gunvor Group announce the successful acceptance of a management-led buy-out offer of the company from existing ownership. Under the agreement, majority owner Torbjörn Törnqvist will sell the entirety of his holdings in favor of a group of current employees, who will wholly own the company going forward. There will continue to be no outside ownership or interests. Gary Pedersen has been appointed as chief executive officer of the Company. Pedersen was signed in 2024 as CEO Americas based in Houston. The management buy-out, first conceived of by the Company’s leadership at Gunvor’s all-hands retreat in Morocco in 2022, will entail a series of structural and governance changes designed to ensure the long-term commercial success and global growth of the 25-year-old company. Learn more: https://lnkd.in/duFav9qm #oott #commodities #leadership

EARLY CAREERS // JOM at Our Office: A Look Inside Trading We recently welcomed a group of students as part of JOM - Journées Osez Tous les Métiers. They spent the day with us to understand what trading actually involves. They met Elsa Pernot, Global Head of Ethics & Sustainability, Oscar Mejia, Technical Manager for Refineries & Terminals, Frédéric Meeus, Head of Naphtha and LPG, and Adeline Nguyen, Product Owner – Trading System. The focused on what sustainability means in global energy, and how careers in this field can look very different from the usual stereotypes. Our HR team walked the group through how recruitment works and what employers look for. The students then took part in practical challenges and simple trading games to see how decisions are made in real time – a clear, hands-on introduction to a sector many had never considered. (Parental permission was obtained for use of images.)

FINANCE // Gunvor Group has signed a US $2.395 billion sustainability-linked, multi-currency revolving credit facility. Thanks to strong support from existing and new banking partners the Facility ended up upsized this year again, with additional liquidity successfully raised in both tranches. “We are very pleased with the outcome of this refinancing with an increased facility amount – including in the longer tenor – and several new banks joining the pool. We thank our banking pool for their continued support in this flagship European financing facility for our Group,” said Jeff Webster, Chief Financial Officer of Gunvor Group. Learn more about the details of the RCF and its related KPIs: https://lnkd.in/d7ZBzCen #oott #tradefinance

TALENT TALKS // In this second episode, Silvia from our Talent Acquisition team shares practical tips for building a strong professional image and standing out on LinkedIn.

TALENT TALKS // In the first episode of our talent talks series, Silvia from our talent acquisition team shares a few key tips to help you prepare and stand out in your next interview at Gunvor.

GRAD PROGRAM //  Inspiring Future Traders at Tulane Last week we partnered with AmplifyME at Tulane University to deliver an exclusive Trading Discovery & Simulation Event. Students gained first-hand trading experience through a real-time simulation of oil, gas, and power markets, managing $20M in virtual capital and making quick risk-based decisions. Alongside the simulation, they met our traders, operators, and middle office colleagues, explored different career paths in energy trading, and learned what it really takes to succeed in a fast-paced, dynamic environment. A big thank you to Tulane University for hosting us and to AmplifyME for delivering such an engaging session. Applications to our 2026 Graduate Program are open now. https://lnkd.in/dyUvvDQt

GRAD PROGRAM // Gunvor Graduate Program – Recruitment Now Open We’re excited to open applications for the Gunvor Graduate Program 2026, starting in September 2026. If you’re graduating by June 2026 with up to one year of professional experience, this is your chance to join us in Geneva, Singapore, or Houston. The program offers: ◾ Rotations across desks for broad exposure ◾ Hands-on learning in real trading environments ◾ Mentorship from industry leaders ◾ Tailored development to grow your career Kickstart your future in trading and quantitative analysis — apply now: Geneva ◾ Trading & Supply Chain – https://lnkd.in/d8YyNFNc ◾ Quantitative Analysis/Data Science – https://lnkd.in/d3gYw4E6 Singapore ◾ Trading & Supply Chain – https://lnkd.in/dnRHqSJ3 ◾ Quantitative Analysis/Data Science – https://lnkd.in/dfKgPCKX Houston ◾ Trading & Supply Chain – https://lnkd.in/dzYCC3MW ◾ Quantitative Analysis/Data Science – https://lnkd.in/dnnrrwkM

TEXAS LNG // Gunvor has signed a 20-year deal to buy liquefied natural gas from Texas LNG Brownsville LLC, under a sales and purchase agreement for delivery of 0.5 million tons of LNG a year from Texas LNG, to be supplied on a free-on-board basis. “Texas LNG is moving rapidly towards a targeted year-end Final Investment Decision,” said Glenfarne Chief Executive Officer and Founder Brendan Duval. “Our agreement with Gunvor continues our progressing of successfully completed commercial contracts, sufficient for FID, for Texas LNG. Together with the advanced state of project financing and completion of the FERC process last month, this project is poised to unlock the superior benefits of clean, reliable U.S. LNG for Gunvor and our other partners.” Learn more: https://lnkd.in/dPJcqqEp #lng #oott #texas #energysecurity

TRADING & AI // Code can now be generated and deployed in seconds. But in commodities trading, speed without structure is risk. Cititec spoke with Angelo Andreetto, Head of Data at Gunvor Group, about how companies can stay in control as AI accelerates the software lifecycle: https://lnkd.in/d4rNFjme

GRAD PROGRAM // Marc joined our grad program in 2024. Hear about his journey so far with Gunvor and his advice for others looking to enter commodities trading.   "It’s been a steep learning curve, but everyone has been super-supportive and there’s a great bunch of grads working hard to make their mark. Wherever I look, I’m amazed at our focus on efficiency and how the organization continuously applies this to our business.”   Gunvor’s #Graduate Program is designed to foster the next generation of trading talent, and is an incredible opportunity for young, talented professionals who are eager learn about and work in the world’s energy #supplychain, on global and local levels in the areas of #trading, #engineering, #statistics, #dataScience, #mathematics, #engineering. Learn more: https://lnkd.in/dyUvvDQt