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#tornqvist — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #tornqvist, aggregated by home.social.

  1. After #sanctions, #Lukoil to sell assets to firm founded by #Putin ally

    #Russian oil company #Lukoil had reached deal to sell its foreign assets to #Gunvor, company founded #Putin ally

    Lukoil said Gunvor offered to buy assets & 2 companies had agreed on key terms of deal

    Gunvor, registered in #Cyprus and headquartered in #Switzerland, was founded in 1997 by Gennady Timchenko, a close associate of Putin, and #Swedish #billionaire Torbjörn #Törnqvist

    kyivindependent.com/after-us-s

    #corruption #greed

  2. #Gunvor Group Ltd. Chief Executive Officer Torbjörn #Törnqvist estimates about 600,000 barrels of #Russia’s daily oil-refining capacity has been knocked out by Ukrainian drone strikes.

    #JPMorgan Chase & Co believes "It could be “several weeks, if not months” until the capacity was restored, with the strikes adding about $4 a barrel of risk premium to global crude prices, analysts including Natasha Kaneva said in a note."

    bloomberg.com/news/articles/20

    #Ukraine