Gunvor managers buy out CEO Tornqvist

Gunvor’s CEO, Torbjorn Tornqvist, will step down and sell his shareholding in the LNG trader in a management buyout.

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Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

Hanwha Ocean, Posco plan to build LNG carrier with high-manganese steel tanks

South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.

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Centalion buys Haynesville natural gas assets

Energy trader Centalion, formerly known as Gunvor, has acquired a portfolio of Haynesville upstream and midstream natural gas assets in Texas and Louisiana from Texas-based Silver Hill Energy Partners.

Gunvor, Delfin seal new LNG SPA

Geneva-based energy trader Gunvor has entered into another long-term LNG offtake deal with Delfin Midstream, the US developer of a floating LNG export project offshore Louisiana.

Expand Energy seals new Delfin LNG deal

US shale gas producer Expand Energy has signed a new sales and purchase agreement with Delfin Midstream to offtake volumes from the latter's planned floating LNG export project offshore Louisiana. Expand Energy said the previously announced SPAs with Delfin and Gunvor have been terminated.

Glenfarne’s Texas LNG, Gunvor finalize 20-year LNG supply deal

Glenfarne’s Texas LNG, the developer of the planned 4 mtpa LNG export terminal in the port of Brownsville, has signed a 20-year sales and purchase deal with a unit of Geneva-based trader Gunvor.