"It's a regulator, but not as we know it": the Oil and Gas Authority

"It's a regulator, but not as we know it": the Oil and Gas Authority
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Professor Terry Daintith will discuss his article, “Government Companies as Regulators” (2019 Modern Law Review, 1-28).

Sectoral regulators in the United Kingdom, such as Ofgem for gas and electricity, or Ofcom for broadcasting and telecommunications, are normally statutory bodies organised under specific legislation. Exceptionally, the regulator recently (2015) established for the upstream oi and gas industry – the Oil and Gas Authority - has been structured as a company wholly-owned by the Secretary of State, despite the fact that, like other regulators, it enjoys extensive powers of control both directly, under the Energy Act 2016, and via the licences and authorisations under which companies operate in this sector. What accounts for this unusual status? should we expect other new regulators to take this form? and what special issues of control and accountability does this status

Terence Daintith is a Professorial Fellow at the Institute of Advanced Legal Studies, University of London, where he was Director from 1988 to 1995. Before that he taught at the Universities of California (Berkeley), Edinburgh and Dundee, and was a research professor at the European University Institute in Florence, Italy. His main research interests are in the fields of oil and gas law, energy law, regulation, and constitutional law. He is co-editor of Daintith, Willoughby and Hill’s multi-volume United Kingdom Oil and Gas Law, the basic reference in the field, and was founding editor of the Journal of Energy and Natural Resources Law. His most recent book is Finders Keepers? How the Law of Capture Shaped the World Oil Industry (2010). He is currently working on the use of government-owned companies as a vehicle for policy implementation. From 1994 until 2002 he was Dean of the University of London’s School of Advanced Study, grouping its research institutes in the humanities and social sciences, and he now teaches oil and gas law, and energy law, in several Australian universities. He holds honorary doctorates in law from De Montfort University and the University of Aberdeen.

 

Speaker
Professor Terry Daintith (University of London)
Hosted by
The School of Law
Venue
Taylor C11
Contact

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