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Gunvor To Expand In United States After Strong Profits - CEO

Gunvor To Expand In United States After Strong Profits - CEO
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"Europe was taking about 110 billion cubic meters per year from Russia. We think Europe was able to cover about half... That´s about 1,000 LNG cargoes. and the rest is demand destruction, close to 20%. Some of it is weather related," he said.

OTTAWA, March 24 (Reuters) - The United States and Canada must together build a North American market on everything from semiconductors to solar panel batteries, in the face of growing competition, including from an "increasingly assertive China," Prime Minister Justin Trudeau said on Friday.

BRUSSELS, March 20 (Reuters) - European Union member states have agreed to supply one million rounds of artillery ammunition to Ukraine, Estonian Defence Minister Hanno Pevkur said on the sidelines of a meeting with his EU counterparts in Brussels on Monday.

Holding the flags of both countries and the African Union, the group of about a dozen men and women walked in single file last week on the side of a road near Hounde, in western Burkina Faso, as they neared the finish line of a trek of more than 860 km (535 miles).

HOUNDE, Burkina Faso, March 21 (Reuters) - A small group of activists have been walking from Mali's capital Bamako to Burkina Faso's capital Ouagadougou to express their support for a federation between the two West African states.

The U.S.
action targets former director of the Paraguayan Civil Aviation Authority, Edgar Melgarejo, current member of the Paraguayan Panel for the Discipline of Judges and Prosecutors, Jorge Bogarin, and current Court Clerk Vicente Ferreira, State Department spokesperson Vedant Patel said in a statement.

Canada and the United States also acknowledged "the serious long-term challenge to the international order posed by the People's Republic of China, including disruptive actions such as economic coercion, non-market policies and practices, and human rights abuses," the two countries said in a joint statement.

OTTAWA, March 24 (Reuters) - The United States and Canada pledged to work together on several issues, including migration, defense and security, the two countries said on Friday after a meeting between U.S.
President Joe Biden and Canadian Prime Minister Justin Trudeau.

The DOJ and the financial market regulator the CFTC have continued investigating the firm and Gunvor expects to pay a fine.
"We are looking at whether to take a provision on our books for 2022," Tornqvist said.

Swiss energy traders have posted record returns over the last few years as they thrived in extremely volatile markets brought on by the COVID-19 pandemic and then Russia's invasion of Ukraine last year.

LAUSANNE, Switzerland, March 21 (Reuters) - Energy trader Gunvor made strong profits last year and is looking to expand its oil trading and develop a significant power trading arm in the United States, its CEO told Reuters.

"It is for us today to push our governments, our institutions, our people to move towards a federation because we believe that only the federation can be the global and definitive solution for Africa," said Souleymane Diouf Diallo, spokesperson for the group, calling itself "The walkers for African unity".

March 23 (Reuters) - The United States has designated one former and two current Paraguayan officials for what Washington said was their involvement in "significant corruption," making the officials and their families ineligible for entry into the North American country.

All our activities did very well," CEO Torbjorn Tornqvist told Reuters on the sidelines of the Financial Times Commodities Global Summit, declining to give figures as the firm's results are still being finalised. "It was a very, very good year.

Brief description"Europe was taking about 110 billion cubic meters per year from Russia. We think Europe was able to cover about half... That´s about 1,000 LNG cargoes. and the rest is demand destruction, close to 20%. Some of it is weather related," he said.

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