Mercuria

Mercuria Energy Group Ltd. is a Cayman Islands-domiciled Swiss multinational commodity trading company active in a wide spectrum of global energy markets including crude oil and refined petroleum products, natural gas (including LNG), power, biodiesel, base metals and agricultural products. The company is one of the world's five largest independent energy traders and asset operators and is based in Geneva, Switzerland, with 37 additional offices worldwide. The group operates in 50 countries. Mercuria was founded in 2004 by Marco Dunand and Daniel Jaeggi, then executives at Phibro, a commodities trading firm sold by Citigroup to Occidental Petroleum in 2009. The company focused on oil trading operations until 2007. Prior to this, Mercuria assumed control of J&S Group, named after Polish businessmen Gregory Jankilevitsch and Wiaczesław Smołokowski. They founded Mercuria with several associates, where they remain as shareholders today.