Babcock Aberdeen operation to be renamed while competition watchdog mulls CHC takeover
The Babcock oil and gas helicopter operation in Aberdeen is to be renamed while the competition watchdog mulls a takeover by rival CHC.
Competition and Markets Authority (CMA)
Big numbers, big waves, big deal
Energy Voice Out Loud, under the tender new management of Allister, took a look at the big numbers coming out of OGUK’s big report this week. Imports are rising, it seems, but politics remain a tangled web. Are companies too scared of allegations of greenwashing to make the case for the energy industry?
Babcock ‘completes’ £10m sale of Aberdeen-headquartered helicopter business to CHC
Babcock International has announced the completion of the sale of its oil and gas aviation business to CHC Helicopters.
Competition regulator drops inquiry into Baker Hughes, Akastor deal
The UK’s competition inspector has deemed plans by Baker Hughes and investment firm Akastor to merge two business units not worthy of an investigation.
CHC beats rivals to new Taqa North Sea helicopter contract
CHC has beat its incumbent rivals to a newly-formed Taqa helicopter contract in the central North Sea.
Ofgem plan could ‘hinder green recovery’, energy bosses warn
The bosses of some of Britain's biggest energy companies have warned that Ofgem could get bogged down in a lengthy battle over a plan they believe will set back the UK's drive to build a green recovery after the coronavirus crisis.
North Sea must heed competition rules when it comes to cutting costs
The Covid-19 pandemic has created a severe demand shock for the energy market, coinciding with an oil price war that has caused prices to plummet further.
Competition authorities clear Wood’s £250million sale of nuclear business
UK competition authorities have approved Wood’s £250m sale of its nuclear business.
Vulnerable energy customers could face prepay price rise
Four million vulnerable households on prepay gas and electricity meters could soon see their bills rise, according to the Competition and Markets Authority (CMA).
Balmoral loses legal fight over £130,000 fine
Balmoral Tanks has lost a long-running legal fight with the Competition and Markets Authority (CMA) after a court upheld a £130,000 fine imposed by the regulator.
SSE and NPower to be probed by UK competitions watchdog
A move by SSE and the owner of NPower to merge their operations and create a new UK energy supplier is to be investigated by Britain’s competition watchdog.
Ofgem blasts SSE and EDF Energy over appeal
SSE and EDF Energy’s failed appeal to change industry rules has been criticised by a senior partner from energy regulator Ofgem.
CMA rejects SSE, EDF Energy appeal against Ofgem
The Competition and Markets Authority (CMA) has rejected an appeal by SSE and EDF Energy to pursue a change in industry rules on electric generation.
Balmoral vows to fight competition watchdog fine
Balmoral Group has vowed to launch an appeal after it was slapped with a £130,000 fine by the competition watchdog.