UK/IRELAND

Industry-funded UK regulator on the cards

THE UK government's legislative program, announced on Wednesday in the Queen's speech, includes a section referencing the Wood review, which advises that a new regulator should be established at the cost of the industry.

Industry-funded UK regulator on the cards

The Wood review was commissioned by the government around this time last year, aimed at analysing a recovery of the UK offshore oil and gas industry and its regulations. The government said it would...

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