Gunvor's New Clothes

Gunvor is rebranding - distancing itself from past Russia links. It will become Centalion Group (following a management buyout) and position itself in Singapore from its previous jurisdiction of Cyprus. Gary Pedersen is Chairman and CEO. Gary started his career at Koch Industries.

Gunvor Expands Precious Metals Business

Energy firm Gunvor Group, known especially for crude oil, refined products, natural gas and LNG trading, is diversifying its precious metal trading activities (derivatives) to physical trading, off the back of the rally in gold prices. 

Other active areas for the company include biofuels (specifically trading the feedstocks, such as corn or sugarcane, whose juice can be fermented to produce ethanol), power and emissions trading.