If, as the regulator argues, the oil regulator cannot "materially impact" the value of oil companies operating in the UK, I'd humbly suggest that that means that the regulator is not fit for purpose. www.theferret.scot/oil-watchdog...
theferret.scotOil watchdog faces 'conflict of interests' row over directors’ Shell and BP sharesBoard members at the North Sea oil regulator hold Shell and BP shares. Critics say the investments raise questions about the body's independence.
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