Gunvor Lande
Gunvor Group Ltd is a multinational energy commodities trading company registered in Cyprus, with its main trading office in Geneva, Switzerland. Gunvor also has trading offices in Singapore, Houston, Stamford, London, Calgary, and Dubai, with a network of representative offices around the globe. The company operates in the trade, transport, storage and optimization of petroleum and other energy products, as well as having investments in oil terminal and port facilities. Its operations consist of securing crude oil and petroleum products upstream and delivering it to market via pipelines and tankers. Gunvor has a separate company, Nyera, set up in 2021 to invest in renewable energy sources. It is run by energy transition director Fredrik Tornqvist. The company, which was founded in 2000, is the fourth largest crude oil trader in the world after Glencore, Vitol and Trafigura. Today, Gunvor originates most of its crude oil from the Americas. It also trades African, Asian, and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Petroleum
Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refining, refined crude oil. Petroleum is a fossil fuel formed over millions of years from anaerobic decay of organic materials from buried prehistoric life, prehistoric organisms, particularly planktons and algae, and 70% of the world's oil deposits were formed during the Mesozoic. Conventional reserves of petroleum are primarily recovered by oil drilling, drilling, which is done after a study of the relevant structural geology, sedimentary basin analysis, analysis of the sedimentary basin, and reservoir characterization, characterization of the petroleum reservoir. There are also unconventional (oil & gas) reservoir, unconventional reserves such as oil sands and oil sh ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Baltic Sea
The Baltic Sea is an arm of the Atlantic Ocean that is enclosed by the countries of Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, Russia, Sweden, and the North European Plain, North and Central European Plain regions. It is the world's largest brackish water basin. The sea stretches from 53°N to 66°N latitude and from 10°E to 30°E longitude. It is a Continental shelf#Shelf seas, shelf sea and marginal sea of the Atlantic with limited water exchange between the two, making it an inland sea. The Baltic Sea drains through the Danish straits into the Kattegat by way of the Øresund, Great Belt and Little Belt. It includes the Gulf of Bothnia (divided into the Bothnian Bay and the Bothnian Sea), the Gulf of Finland, the Gulf of Riga and the Bay of Gdańsk. The "Baltic Proper" is bordered on its northern edge, at latitude 60°N, by Åland and the Gulf of Bothnia, on its northeastern edge by the Gulf of Finland, on its eastern edge by the Gulf of Riga, and in the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Dissolution Of The Soviet Union
The Soviet Union was formally dissolved as a sovereign state and subject of international law on 26 December 1991 by Declaration No. 142-N of the Soviet of the Republics of the Supreme Soviet of the Soviet Union. Declaration No. 142-Н of the Soviet of the Republics of the Supreme Soviet of the Soviet Union, formally establishing the dissolution of the Soviet Union as a state and subject of international law. It also brought an end to the Soviet Union's federal government and General Secretary (also President) Mikhail Gorbachev's effort to reform the Soviet political and economic system in an attempt to stop a period of political stalemate and economic backslide. The Soviet Union had experienced internal stagnation and ethnic separatism. Although highly centralized until its final years, the country was made up of 15 top-level republics that served as the homelands for different ethnicities. By late 1991, amid a catastrophic political crisis, with several republics al ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Perestroika
''Perestroika'' ( ; rus, перестройка, r=perestrojka, p=pʲɪrʲɪˈstrojkə, a=ru-perestroika.ogg, links=no) was a political reform movement within the Communist Party of the Soviet Union (CPSU) during the late 1980s, widely associated with CPSU general secretary Mikhail Gorbachev and his '' glasnost'' (meaning "transparency") policy reform. The literal meaning of ''perestroika'' is "restructuring," referring to the restructuring of the political economy of the Soviet Union in an attempt to end the Era of Stagnation. ''Perestroika'' allowed more independent actions from various ministries and introduced many market-like reforms. The purported goal of ''perestroika'' was not to end the planned economy, but rather to make socialism work more efficiently to better meet the needs of Soviet citizens by adopting elements of liberal economics. The process of implementing ''perestroika'' added to existing shortage and created political, social, and economic tensions wi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kirishi Refinery
Kinef (), an abbreviation for Kirishi Petroleum Organic Synthesis (), also known as Kirishi Refinery, is a Russian joint stock production association operating a large oil refinery based in Kirishi, Leningrad Oblast. It is a subsidiary of Surgutneftegaz. The Kirishi refinery is the only one in Northwestern Russia. History Construction of the refinery had begun in 1961 in an area devastated by World War II. The first oil products were produced in 1966. By 1972, the Kirishi refinery had been one of the five largest in the Soviet Union. In 1980 the plant was reconstructed and started diesel hydrotreating unit with capacity of two million tonnes per year. The main fractionation tower K-5 weighing 335.2 tons, diameter of 5 m and a length of 62 m was delivered by " Spetstyazhavtotrans" from the factory "Dzerzhinskhimmash". In 1987 Kirishineftekhimexport subdivision of Kirishinefteorgsintez was founded to conduct external economic activity of the company. In 1991 it became an inde ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Soviet Union
The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet Union, it dissolved in 1991. During its existence, it was the list of countries and dependencies by area, largest country by area, extending across Time in Russia, eleven time zones and sharing Geography of the Soviet Union#Borders and neighbors, borders with twelve countries, and the List of countries and dependencies by population, third-most populous country. An overall successor to the Russian Empire, it was nominally organized as a federal union of Republics of the Soviet Union, national republics, the largest and most populous of which was the Russian SFSR. In practice, Government of the Soviet Union, its government and Economy of the Soviet Union, economy were Soviet-type economic planning, highly centralized. As a one-party state go ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Estonia
Estonia, officially the Republic of Estonia, is a country in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the Baltic Sea across from Sweden, to the south by Latvia, and to the east by Russia. The territory of Estonia consists of the mainland, the larger islands of Saaremaa and Hiiumaa, and over 2,300 other islands and islets on the east coast of the Baltic Sea. Its capital Tallinn and Tartu are the two largest List of cities and towns in Estonia, urban areas. The Estonian language is the official language and the first language of the Estonians, majority of its population of nearly 1.4 million. Estonia is one of the least populous members of the European Union and NATO. Present-day Estonia has been inhabited since at least 9,000 BC. The Ancient Estonia#Early Middle Ages, medieval indigenous population of Estonia was one of the last pagan civilisations in Europe to adopt Christianity following the Northern Crusades in the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Uppdrag Granskning
''Uppdrag granskning'' (English name: ''Mission: Investigate'') is a Swedish television program focusing on investigative journalism Investigative journalism is a form of journalism in which reporters deeply investigate a single topic of interest, such as serious crimes, racial injustice, political corruption, or corporate wrongdoing. An investigative journalist may spend m .... The program is produced by and aired on SVT and has become known for the use of concealed cameras and microphones. In April 2016, after an interview with ''Uppdrag granskning'', the Icelandic prime minister Sigmundur Davíð Gunnlaugsson resigned, after a controversy concerning the Panama Papers. In 2017, as part of the programs reporting on the Paradise Papers they uncovered that the plane used to fly the crown princess and her newly wed husband from their marriage ceremony was registered in a tax haven. According to the program, the pilots who flew the couple have also been charged by Swedish c ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Trafigura
Trafigura Group Pte. Ltd. is a Singaporean-based multinational commodities company, with major regional hubs in Geneva, Houston, Montevideo and Mumbai, founded in 1993. The company trades in base metals and energy. It is the world's largest private metal trader and second-largest oil trader having built or purchased stakes in pipelines, mines, smelters, ports and storage terminals. Trafigura was formed by Claude Dauphin and Eric de Turckheim in 1993 but quickly split off from a group of companies managed by Marc Rich. Trafigura has been named or involved in several scandals, particularly the 2006 Ivory Coast toxic waste dump (which left up to 100,000 people with skin rashes, headaches and respiratory problems) and the Iraq Oil-for-Food Scandal. History Trafigura Beheer BV was established as a private group of companies in 1993 by six founding partners: Claude Dauphin, Eric de Turckheim, Graham Sharp, Antonio Cometti, Daniel Posen and Mark Crandall. Initially focused on ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Vitol
Vitol (Pronounced: Vee-Tol) is a Swiss-based Dutch multinational energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger. Though trading, logistics, and distribution are at the core of its business, these are notably complemented by refining, shipping, terminals, exploration and production, power generation, and retail businesses. Vitol has over 40 offices worldwide, with its largest operations in Geneva, Houston, London, and Singapore. With revenues of $400 billion in 2023, Vitol is the largest independent energy trader in the world, and would be the second-largest company worldwide as measured by revenue on the ''Fortune'' Global 500 list. Given the secrecy Vitol maintains around all its business activities and the limited nature of its statutory disclosures, it is excluded from rankings. The company, however, does provide some more financial information to its lenders and to a few other entities with which it trades. The ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |