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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
Fuel supplier Certa, which is part of DCC plc, is expanding its operations to make a new lower carbon home heating biofuel available to 100,000 households across Dublin, Kildare and Louth.The company said the expansion is in response to "exceptional" demand for the new biofuel, known as EcoMax."EcoMax comprises a blend of 20% HVO (Hydrotreated Vegetable Oil), a fossil-free fuel made from waste plant matter, and 80% kerosene," the company explained."Householders can use it instead of regular home heating oil ...
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]