Connection

popular articles

Iraq and the United Arab Emirates submit compensation plans to OPEC+ after oil overproduction
BP discovers new oil field 190 km off the coast of Louisiana
Europe struggles to meet its rare earth targets
Coolant leak at Olkiluoto 3 reactor in Finland
Equinor announces the acquisition of Scatec as main shareholder

DG Raspail Conseil convicted of receiving stolen goods for favouritism

The company DG Raspail Conseil has been convicted of concealing favouritism with EDF. 81,000 fine for contracts awarded without competition or advertising. This decision was pronounced within the framework of a procedure of preliminary recognition of guilt (CRPC) and the sentence was approved by a judge.
  • [favorite_button]

Please share:

The company DG Raspail Conseil was fined 81,000 euros for handling favouritism during a plea bargain hearing held on Tuesday at the Paris judicial court. This sentence was negotiated with the National Financial Prosecutor’s Office (PNF) under a procedure of prior recognition of guilt (CRPC) and approved by a judge.

 

A fine of 20% of the disputed contract

The fine is equal to 20% of the disputed contract and is accompanied by a three-year suspended exclusion from public contracts, as well as the absence of this conviction from the company’s criminal record. In 2010, DG Raspail Conseil entered into a consulting agreement with EDF that was extended until 2012 for a total amount of 405,000 euros, without competition or advertising.

In 2016, the National Financial Prosecutor’s Office (PNF) opened an investigation and identified disputed contracts between EDF and 41 consultants between 2010 and 2016. The Court of Auditors had also pointed out to the courts the existence within EDF of “negotiations for private consulting contracts without competitive bidding”, which were not covered by the exemptions provided for by French and Community law.

 

The company “assumed” its conviction

The company’s co-manager admitted her lack of knowledge of public procurement regulations. “We were really a small company facing a behemoth” and “it was the first big contract of the company”, whose turnover amounts to about 300 000 euros, she explained. In defense, the company’s lawyer considered that “it is a formal offence. It is a nightmare for the company, but it assumes it”, underlining “the total good faith of (his) clients”.

This is the second plea bargaining procedure (CRPC) related to this investigation. In January, the founder of the Havas communications company, Stéphane Fouks, was fined 165,500 euros and suspended for three years from public contracts.

 

The PNF must decide whether or not to hold a trial

The financial prosecutor’s office will soon decide whether or not to hold a trial for favoritism concerning EDF, its former CEO Henri Proglio, and a former secretary general, and for receiving favoritism concerning some twenty consultants. Prosecutions should be dropped for another 20 consultants whose contracts were under 400,000 euros.

Register free of charge for uninterrupted access.

Publicite

Latest news

Enel posts €2bn net profit rise despite falling electricity prices
Six years sought in Sweden over Think Pink case and its 200,000 tonnes of waste
Elcogen signs agreement with Casale to integrate green hydrogen into ammonia
Statkraft ends new green hydrogen projects in Europe
Ukraine submits strategic mining agreement with the United States for parliamentary vote

Recently published in

Siemens Energy raises annual outlook after 52% surge in orders

Driven by strong operational execution and robust demand across key segments, Siemens Energy reports double-digit revenue growth and upgrades its outlook for fiscal year 2025.
Enel posts €2bn net profit rise despite falling electricity prices
Italian group Enel exceeded analysts’ forecasts with €22bn ($23.66bn) in revenue in Q1 2025, driven by international operations.
en_1140290956540-4
Enel posts €2bn net profit rise despite falling electricity prices
Italian group Enel exceeded analysts’ forecasts with €22bn ($23.66bn) in revenue in Q1 2025, driven by international operations.
en_1140290956540-4
RWE completes 999 MW in energy projects across the US and expands presence
German group RWE has commissioned six new energy projects in the US, reaching a combined capacity of 999 MW across wind, solar and battery storage technologies.
imgonline-com-ua-Resize-IgeO7EahX3GZ8
RWE completes 999 MW in energy projects across the US and expands presence
German group RWE has commissioned six new energy projects in the US, reaching a combined capacity of 999 MW across wind, solar and battery storage technologies.
imgonline-com-ua-Resize-IgeO7EahX3GZ8
Veolia takes full control of WTS in a $1.75 billion deal
Veolia acquires full ownership of Water Technologies and Solutions by purchasing the 30% stake held by CDPQ, further consolidating its growth strategy focused on industrial water technologies.
en_1140290946540-3
Veolia takes full control of WTS in a $1.75 billion deal
Veolia acquires full ownership of Water Technologies and Solutions by purchasing the 30% stake held by CDPQ, further consolidating its growth strategy focused on industrial water technologies.
en_1140290946540-3

Legrand posts 12.3% increase driven by data centre demand

Legrand reaffirms its annual targets after strong first-quarter growth driven by the expansion of data centres and solid commercial performance in the United States.
Aker BP reaches $3.2bn in Q1 2025 revenue and confirms growth strategy
Oil company Aker BP maintained stable production and strengthened its cash position in Q1 2025 while advancing key projects and new discoveries in the Norwegian Sea.
en_1140290954540-2
Aker BP reaches $3.2bn in Q1 2025 revenue and confirms growth strategy
Oil company Aker BP maintained stable production and strengthened its cash position in Q1 2025 while advancing key projects and new discoveries in the Norwegian Sea.
en_1140290954540-2
Exterra raises CA$20mn to industrialise mining residue transformation in Québec
Québec-based Exterra Solutions Carbone closes a CA$20mn Series A round to build the world’s largest asbestos residue treatment plant and expand its technologies internationally.
en_1140290953540-2
Exterra raises CA$20mn to industrialise mining residue transformation in Québec
Québec-based Exterra Solutions Carbone closes a CA$20mn Series A round to build the world’s largest asbestos residue treatment plant and expand its technologies internationally.
en_1140290953540-2
Marathon Petroleum posts $74mn net loss in Q1 2025
Marathon Petroleum reported a net loss in Q1 2025 due to a major maintenance programme, while its midstream unit supported results with an 8% rise in adjusted EBITDA.
en_1140290961540-2
Marathon Petroleum posts $74mn net loss in Q1 2025
Marathon Petroleum reported a net loss in Q1 2025 due to a major maintenance programme, while its midstream unit supported results with an 8% rise in adjusted EBITDA.
en_1140290961540-2

Euronext launches three indices to strengthen defence and energy financing

Stock exchange operator Euronext unveils thematic indices to channel capital into Europe's strategic energy, defence and aerospace sectors.
Sunoco acquires Parkland for $9.1bn and creates new listed entity SUNCorp
US distributor Sunoco will acquire Canada's Parkland for $9.1bn, including debt, in a mixed transaction and form a separate listed entity, SUNCorp, whose shares will be treated as corporate stock for tax purposes.
en_1140290945540
Sunoco acquires Parkland for $9.1bn and creates new listed entity SUNCorp
US distributor Sunoco will acquire Canada's Parkland for $9.1bn, including debt, in a mixed transaction and form a separate listed entity, SUNCorp, whose shares will be treated as corporate stock for tax purposes.
en_1140290945540
Shell appoints Colette Hirstius as head of US operations
Shell announced the appointment of Colette Hirstius as President of Shell USA starting August 1, succeeding Gretchen Watkins after seven years in the role.
en_1140290962540
Shell appoints Colette Hirstius as head of US operations
Shell announced the appointment of Colette Hirstius as President of Shell USA starting August 1, succeeding Gretchen Watkins after seven years in the role.
en_1140290962540
ADNOC Gas exceeds expectations with $1.27bn net profit in first quarter
Emirati producer ADNOC Gas recorded a 7% increase in net profit in Q1 2025, driven by sustained domestic demand and efficient operational management.
en_1140290947540
ADNOC Gas exceeds expectations with $1.27bn net profit in first quarter
Emirati producer ADNOC Gas recorded a 7% increase in net profit in Q1 2025, driven by sustained domestic demand and efficient operational management.
en_1140290947540

ExxonMobil reports 6% drop in quarterly profit despite increased synergies

Falling refining margins and weaker oil prices weighed on ExxonMobil’s Q1 results, while the group now expects $3bn in annual synergies from its acquisition of Pioneer.
Innergex shareholders approve 99.86% vote for full acquisition by CDPQ
Innergex shareholders validated the company’s full acquisition by Caisse de dépôt et placement du Québec for a total amount close to $1.8bn, pending final judicial and regulatory approvals.
en_1140290972540-2
Innergex shareholders approve 99.86% vote for full acquisition by CDPQ
Innergex shareholders validated the company’s full acquisition by Caisse de dépôt et placement du Québec for a total amount close to $1.8bn, pending final judicial and regulatory approvals.
en_1140290972540-2
Chevron sees net profit drop 36% in Q1 2025
Chevron reports a sharp decline in quarterly results, impacted by weak refining margins, stable production and exceptional charges in the United States and the United Kingdom.
en_1140290969540-2
Chevron sees net profit drop 36% in Q1 2025
Chevron reports a sharp decline in quarterly results, impacted by weak refining margins, stable production and exceptional charges in the United States and the United Kingdom.
en_1140290969540-2
Shell posts net profit of $4.8bn in Q1 2025 despite falling oil prices
Shell plc recorded a net profit of $4.8bn in the first quarter of 2025, down 35%, but above analyst expectations, supported by solid operational performance and a new share buyback programme.
en_1140290968540-2
Shell posts net profit of $4.8bn in Q1 2025 despite falling oil prices
Shell plc recorded a net profit of $4.8bn in the first quarter of 2025, down 35%, but above analyst expectations, supported by solid operational performance and a new share buyback programme.
en_1140290968540-2

TC Energy invests CA$2.4bn in nuclear and natural gas

TC Energy is committing CA$2.4bn to two major projects in North America, targeting rising energy demand and the long-term value of regulated assets.
Air Products posts $1.7bn net loss and exits three US projects
Air Products reports a substantial loss in Q2 of fiscal 2025, driven by charges tied to a strategic review of its US project portfolio.
en_1140290967540
Air Products posts $1.7bn net loss and exits three US projects
Air Products reports a substantial loss in Q2 of fiscal 2025, driven by charges tied to a strategic review of its US project portfolio.
en_1140290967540
Prospera Energy increases revenue by 38% and strengthens financial positioning
Prospera Energy closed fiscal year 2024 with a notable increase in revenue and a strategic reorganisation of its assets, while reinforcing its performance on the financial market.
en_1140290964540
Prospera Energy increases revenue by 38% and strengthens financial positioning
Prospera Energy closed fiscal year 2024 with a notable increase in revenue and a strategic reorganisation of its assets, while reinforcing its performance on the financial market.
en_1140290964540
Voltalia records 15% increase in production despite price pressure
Voltalia’s revenue rose by 2% in the first quarter of 2025, driven by third-party services, while energy production reached 1.1 terawatt-hours due to improved resources in Brazil.
en_1140290982540
Voltalia records 15% increase in production despite price pressure
Voltalia’s revenue rose by 2% in the first quarter of 2025, driven by third-party services, while energy production reached 1.1 terawatt-hours due to improved resources in Brazil.
en_1140290982540

Maxeon restructures operations after 55% annual revenue drop

Facing a U.S. import ban and a sharp sales decline, Maxeon Solar Technologies is now focusing its efforts on the American market.
Technip Energies raises forecast after 22% revenue surge
Technip Energies posted a double-digit growth in Q1 2025, supported by a record order backlog of €18.2bn ($19.46bn), despite regulatory uncertainties in the United States.
en_1140290959540-16
Technip Energies raises forecast after 22% revenue surge
Technip Energies posted a double-digit growth in Q1 2025, supported by a record order backlog of €18.2bn ($19.46bn), despite regulatory uncertainties in the United States.
en_1140290959540-16
Iberdrola posts 27% drop in quarterly profit following exceptional asset sale
Spanish group Iberdrola saw its net profit fall in the first quarter despite a moderate revenue increase, impacted by an unfavourable base effect linked to the 2024 asset sale in Mexico.
en_1140290961540-17
Iberdrola posts 27% drop in quarterly profit following exceptional asset sale
Spanish group Iberdrola saw its net profit fall in the first quarter despite a moderate revenue increase, impacted by an unfavourable base effect linked to the 2024 asset sale in Mexico.
en_1140290961540-17
Exeltium resumes negotiations with EDF to secure power supply agreement
The Exeltium consortium, composed of 24 electro-intensive industrial firms, seeks to finalise a new power supply deal with EDF before summer to succeed the original Exeltium 1 agreement.
en_1140290943540-13-2
Exeltium resumes negotiations with EDF to secure power supply agreement
The Exeltium consortium, composed of 24 electro-intensive industrial firms, seeks to finalise a new power supply deal with EDF before summer to succeed the original Exeltium 1 agreement.
en_1140290943540-13-2

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS