CCS and offshore wind, a pair of key decarbonising technologies, are in “competition for space” in the North Sea causing a regulatory headache, according to an industry leader.
Norway's competition watchdog said it will look into whether competition rules are being infringed in the country's oil industry.
Millions of vulnerable households could see their gas and electricity bills slashed under plans expected to be unveiled on Thursday in a long-awaited report into Britain’s energy sector. The Competition and Markets Authority (CMA) will publish its “provisional decision on remedies” after a two-year investigation amid reports that it is likely to set a price cap for low income and vulnerable customers who have pre-payment meters - around 16% of households.
The Oil and Gas Authority has launched a £500,000 competition aimed at unlocking the North Sea's exploration potential.
The head of Ukraine's competition authority said it has decided to fine Gazprom $3.5billion for abusing its monopoly on the Ukrainian gas market.
The chief executive of the Competition and Markets Authority (CMA) has written to energy secretary Amber Rudd raising concerns over competition in the North Sea oil and gas industry. The CMA has warned the Department of Energy and Climate Change (DECC) that plans to establish the Oil and Gas Authority (OGA) could lead to information exchanges which may harm competition.
An oil company has launched an interactive game in a bid to recruit fresh talent to its team.