About Varo energy Sweden
VARO Energy (VARO) is a diversified energy company headquartered in Zug, Switzerland with a presence in twenty-six countries. It operates across the energy value chains in manufacturing, storage and distribution, marketing and trading, with businesses in conventional energies and sustainable energies. In 2022, VARO announced its “ONE VARO Transformation strategy” which focu.
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6 FAQs about [Varo energy Sweden]
Will Varo energy buy Preem?
European energy firm Varo Energy is in talks to acquire Preem's two Swedish refineries in a bet on growing demand for low-carbon biofuels, four industry sources told Reuters.
Will Varo buy Preem refineries in Sweden?
Varo is in talks to acquire the Gothenburg and Lysekil refineries in Sweden from Preem's parent company, Corral Petroleum Holdings. File Image / Pixabay Energy trading firm Varo Energy is reportedly considering buying Preem 's two refineries in Sweden.
What is Varo energy?
VARO Energy is committed to accelerating the energy transition with a blend of conventional and sustainable energy solutions. Learn about their innovative approach, reliable energy supply, and sustainable practices that meet diverse energy needs across Europe.
What is Varo energy doing with orim energy?
Varo Energy and Orim Energy set up a partnership in February to promote biofuels in the Amsterdam-Rotterdam-Antwerp region. Varo is in talks to acquire the Gothenburg and Lysekil refineries from Preem's parent company, Corral Petroleum Holdings.
Who owns Varo energy?
It was established as a joint venture between the commodity trader Vitol (75%) and Atlas Invest (25%), a financial holding company owned by the leading energy investor, Marcel van Poecke, who remains the Chairman of VARO Energy.
Is Varo a sustainable company?
Varo already has stakes in refineries in Germany and Switzerland and is expanding in sustainable fuel and trading. It plans to invest around $3.5 billion between 2022 and 2026, with two-thirds committed to sustainable energies. Preem aims to increase production of renewable fuels to 5 million cubic metres by 2035, the company has said.




































