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Rubis: FUEL SECTOR IN CORSICA: RUBIS RESPONDS TO THE DECISION OF THE FRENCH COMPETITION AUTHORITY (AUTORITÉ DE LA CONCURRENCE)
Globenewswire· 2025-11-17 17:59
Core Viewpoint - Rubis has been fined a total of €64,240,000 by the French Competition Authority for alleged anti-competitive practices in the fuel supply chain in Corsica, with the total penalties for all involved parties amounting to €187,490,000 [1] Group 1 - The French Competition Authority issued a decision on November 17, 2025, imposing sanctions on multiple entities for anti-competitive practices in the supply, storage, and distribution of fuels in Corsica, which allegedly occurred between 2016 and 2022 [1] - Rubis SCA has been fined €64,240,000, jointly and severally with its subsidiary Rubis Énergie, and an additional €430,000, jointly and severally with its former subsidiary Rubis Terminal [1] - Rubis expresses strong disagreement with the decision, claiming it does not accurately reflect the facts and denies the alleged practices [2] Group 2 - The company is committed to ensuring a reliable and competitive fuel supply for the Corsican market, benefiting consumers on the island [2] - Rubis is currently reviewing the Competition Authority's decision and plans to file an appeal before the Paris Court of Appeal [3]
Certa expands operations to supply biofuel to more homes
RTE.ie· 2025-10-21 12:40
Core Viewpoint - Certa, a fuel supplier under DCC plc, is expanding its operations to provide a new lower carbon home heating biofuel, EcoMax, to 100,000 households in Dublin, Kildare, and Louth in response to high demand [1]. Group 1: Product Details - EcoMax is a biofuel blend consisting of 20% Hydrotreated Vegetable Oil (HVO) and 80% kerosene, which is derived from waste plant matter [1]. - Households can use EcoMax directly in their existing liquid fuel boilers without any modifications [2]. Group 2: Environmental Impact - The use of EcoMax allows households to reduce their home heating carbon emissions by up to 20% [2]. - Certa aims to facilitate the transition to this hybrid home heating solution, helping tens of thousands of households lower their carbon footprint [3].
X @Bloomberg
Bloomberg· 2025-08-28 11:56
Industry Overview - Brazil's Federal Police initiated extensive operations targeting organized crime within the country's fuel supply chain [1]