Mercuria Energy Group Ltd. is a Cypriot-domiciled Swiss[2] 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[3] and agricultural products.
[4] 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.
[6] Mercuria was started in 2004 by Marco Dunand and Daniel Jaeggi, then executives at Phibro, the commodities trader sold by Citigroup to Occidental Petroleum in 2009.
[12] Its subsidiaries include Navitas Energy in Canada[13] and Vesta Terminal Services in Europe,[14] which operates port logistics, storage and processing facilities in the Netherlands, Estonia, Belgium, and Germany.
[16] As the company expanded, it has hired traders and investment professionals from Morgan Stanley, Goldman Sachs, Louis Dreyfus Group[17] and Electrabel in London.