New laws could mean gas companies who breach regulations could be fined £20,000 a day.
The Communications and Utilities Regulatory Authority has published the results of a consultation it carried out into regulating the gas industry through new legislation.
It says in future it would mean the maximum fine for breaking the rules would be 10 per cent of a company's turnover.
But it says where a firm ignores instructions from the authority, it could impose a £20,000 a day financial penalty.
Economic crime talk later this month
A leading economic crime expert will visit the Island later this month.
Last chance for this year's income tax returns!
There's just one day left to return your income tax form this year.
More than 400 cyber-threats reported in two months
The Cyber Security Centre for the Isle of Man has released its latest threat update.
FlexyStaff Launches on the Isle of Man, giving local businesses and workers a better way to fill shifts.
FlexyStaff, the on-demand staffing app, has officially launched on the Isle of Man, giving local businesses a quicker way to cover shifts and giving Island workers more control over when and where they work.
Praase announces new home in the south of the Island
Spud lovers in the south of the Island could be in for a treat - after a catering company revealed it's relocating.
CyberIsle returns to Santon next month
A huge cybersecurity event will be returning to the Isle of Man for its eighth year next month.
Santon to host sustainable finance event
The Isle of Man will be hosting an event about sustainable finance in Santon next month.
Digital Isle of Man set for SBC Summit in Lisbon
The Isle of Man will be at an igaming conference in Portugal next week.
