The French antitrust agency has fined Total Energies and two other companies with fines exceeding 1.8 billion euros.

On November 17th local time, the French antitrust regulatory authority imposed a total fine of 187.5 million euros on TotalEnergies Marketing France, two companies under the Rubis Group, and EG Retail for suspected anti-competitive practices on the island of Corsica. The regulatory authority pointed out that these companies, as shareholders of the Corsican oil reserve company, monopolized the island's fuel storage resources through written agreements, forcing competitors to accept their fuel procurement terms. The specific penalty amounts are as follows: TotalEnergies Marketing France 1.158 billion euros, Rubis Terminal and Rubis Energie companies a total of 64.7 million euros, and EG Retail 7 million euros.