TotalEnergies to divest 50% stake in Total PARCO Pakistan to Gunvor Group

TotalEnergies to divest 50% stake in Total PARCO Pakistan to Gunvor Group

TotalEnergies has announced it will sell its 50% stake in Total PARCO Pakistan Limited (TPPL) to Gunvor Group, a leading global commodities trading company. This significant transaction reflects TotalEnergies’ ongoing strategy to refine its portfolio by focusing on core geographies with substantial growth and transition opportunities. Details of the Strategic Sale TotalEnergies’ decision to sell […]

Gunvor Group and Quercus partner to advance solar energy in Italy

Gunvor Group and Quercus partner to advance solar energy in Italy

Gunvor Group, a leader in global energy commodities trading, in collaboration with Quercus Real Assets Limited, a London-based renewable specialist, has unveiled a groundbreaking partnership aimed at developing up to 3 gigawatts (GW) of solar photovoltaic (PV) capacity across Italy. This initiative marks a significant commitment by both entities to accelerate the Energy Transition by […]

Gunvor signs agreement with Commonwealth LNG export project

Gunvor signs agreement with Commonwealth LNG export project

Gunvor Group has signed an LNG marketing and gas supply agreement with Commonwealth LNG pertaining to the latter’s $4 billion Commonwealth LNG export project in Cameron Parish, Louisiana. As per the agreement, the Swiss commodities trading house will help the LNG developor in getting binding LNG offtake and gas supply agreements for the full capacity […]