Former oil executive Mark McAllister lined up to be next Ofgem chair

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Just Stop Oil protesting in London 6 December 2022.
Just Stop Oil protesting in London 6 December 2022.

https://www.theguardian.com/business/2023/sep/06/former-oil-executive-mark-mcallister-lined-up-to-be-next-ofgem-chair

Government’s choice of energy regulator boss criticised as ‘putting the fox in charge of the hen house’

A former North Sea oil and gas boss has been lined up to chair Great Britain’s energy regulator, Ofgem, in a move criticised as “putting the fox in charge of the hen house”.

The government said Mark McAllister, who founded two oil and gas companies, Fairfield Energy and Acorn Oil & Gas, had “vital expertise” that would help him in the role.

The Lib Dems said it was not a suitable choice given McAllister’s history in the oil and gas industry at a time when companies have been criticised for making huge profits on the back of high energy prices. At the same time, households have been struggling with record gas and electricity bills over the last year, with the government providing about £40bn in support for consumers and businesses.

https://www.theguardian.com/business/2023/sep/06/former-oil-executive-mark-mcallister-lined-up-to-be-next-ofgem-chair

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