Organization
SK Energy Americas
Energy trading firm; with its parent SK Trading International, the second firm the California Attorney General sued over spot gasoline prices.
California Department of Justice suit over spot gasoline prices, filed May 2020
- Settled with California Department of Justice: $50M, $50 million settlement, with Vitol, of allegations of spot-market manipulation; SK did not respond to a request for comment on it 12The $50 million was settled jointly with Vitol, not paid by SK alone.
Connections 2
settled with
-
California Department of Justice
10 Jul 2024
$50M, $50 million settlement, with Vitol, of allegations of spot-market manipulation; SK did not respond to a request for comment on it
Primary record
12
The $50 million was settled jointly with Vitol, not paid by SK alone.
involved in
- California v. Vitol and SK spot-market case defendant, with its parent SK Trading International Primary record 1
Timeline 1 date
- 10 Jul 2024 SK Energy Americas settled with California Department of Justice
Proof 2 sources
-
Attorney General Bonta Announces $50 Million Settlement with Vitol and SK as Part of Ongoing Enforcement Against Big Oil, California Department of Justice, 10 Jul 2024.
Primary record
announced a $50 million settlement with gas trading firms, resolving allegations that Vitol, Inc. (Vitol) and SK Energy Americas, Inc., along with its parent company SK Trading International (SK), secretly worked together to tamper with and manipulate spot market prices for California gasoline.
-
Vitol, SK Settle California Fuel Rigging Probe for $50 Million, Bloomberg Law, 10 Jul 2024.
Scholarship & press
SK Energy Americas didn’t respond
Page history 1 change
- Add 55 stories, each checked against its sources96e92fe6
Something wrong or missing? Tell us, with a source, or edit this page.