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Gunvor completes $420m Middle East loanGunvor Group has signed a $420 million secured uncommitted borrowing base facility, replacing a $400 million facility agreed in August last year, the company said in a statement. The funding is used to finance working capital needs incl More… |
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Russia's oil giant Gunvor and Putin's 'wealth'The most startling part of Washington's sanctions on Russian businessmen loyal to President Vladimir Putin may be a single sentence that contains an explosive allegation: that Putin himself profits from the world's No 4 oil trading compa More… |
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Iran has huge problems on oil exports: GunvorIran is experiencing "huge problems" exporting oil but there is unlikely to be a sharp drop in volumes after the European Union oil embargo comes into effect from July 1, the chief executive of oil trader Gunvor said. Western financial san More… |
