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Federal Energy Regulatory Commission v. Vitol Inc et al

  1. December 21, 2021

    Vitol, Trader Can't Shake FERC Market Manipulation Case

    A federal judge on Monday kept alive the Federal Energy Regulatory Commission's pursuit of approximately $3.55 million in market manipulation penalties against Vitol Inc. and one of its traders, rejecting arguments that FERC's case was time-barred and meritless.

  2. March 09, 2020

    Vitol Blasts 4th Circ. In Bid To Toss FERC Enforcement Case

    Vitol Inc. on Friday said the Federal Energy Regulatory Commission waited too long to pursue approximately $3.75 million in market manipulation penalties against the company and one of its traders, an argument that places the commodity trading giant at odds with a recent Fourth Circuit ruling it claims is "poorly reasoned."

  3. January 07, 2020

    FERC Sues Vitol, Trader To Collect On Nearly $4M In Penalties

    The Federal Energy Regulatory Commission has sued Vitol Inc. and one of the energy trading giant's employees to collect on about $3.75 million worth of penalties the agency levied after finding Vitol's trading activity manipulated California electricity markets.