Skip to Primary Navigation

Skip to main content

Equinor and Danske Commodities fined €12m for gas market manipulation

Pime Minister Keir Starmer (L) and Norwegian Prime Minister Jonas Gahr Støre (2nd R) are shown the workings of the Northern Lights Carbon Capture and Storage facility by Tim Heijn (R), Executive director of Northern Lights and Anders Opedal (2nd L), CEO of Equinor, on December 16, 2024 in Bergen, Norway.
Equinor CEO Anders Opedal (second left) shows a delegation including UK PM Keir Starmer (left) around a storage facility in Norway. Photo: Leon Neal/Getty Images
Jean Hurley profile image

Jean Hurley

2 min read

The firms were sanctioned for breach of European regulation on wholesale energy market integrity and transparency – REMIT.


On January 20, 2025, the Dispute Settlement and Sanctions Committee (CoRDiS) of the French energy regulatory authority (CRE) imposed a €4m ($4.2m) fine on Equinor ASA and an €8m ($8.4m) fine on its trading arm Danske Commodities A/S for manipulating annual capacity auctions at the virtual interconnection point between France and

, , , , , , , ,

Get full access, free for a month

This is a Premium article. Start your 28-day free trial to continue reading and access all content on GRIP – no payment details required.

Start free trial Sign in

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience