Gunvor Eyes Investment in U.S. Oil and Gas ...Middle East

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Gunvor Eyes Investment in U.S. Oil and Gas
source : OILPRICE ( Middle East ) () 49
Swiss commodity trading major Gunvor is considering asset purchases in the U.S. oil and gas space, Reuters has reported, citing unnamed sources, in a bid to build a better relationship with the Trump administration. President Trump called Gunvor a “Russian puppet” after the Swiss company made a bid for the international business of Russian oil major Lukoil. The bid was worth $22 billion and there were no rivals but the U.S. sent a strong signal it would block the deal. Following that signal, Gunvor dropped its bid. Reports followed…

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