Vitol receives €5m REMIT fine

Vitol SA has received a fine of €5m levied by the Commission de régulation de l’énergie (CRE), the French National Regulatory Authority for a breach of REMIT. The fine is levied for “sending misleading price signals” by placing “phantom orders” in the PEG Sud  market on multiple occasions. The press release in English can be found here and … Continue reading → Source: Energy Trading Regulation – Vitol receives €5m REMIT fine

Continue reading Vitol receives €5m REMIT fine. This article appeared first on CTRM Center.

Source: CTRM Center

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