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In the papers today - Wednesday 3 October

Tensions between the Competition Commission and the Civil Aviation Authority are set to resurface today with the publication of a Commission report on the proposed charging regime for BAA's three London airports...

The report is expected to support CAA proposals to drive down the rate of return that BAA can earn – Financial Times

Russia's Gazprom warned Ukraine yesterday that it could cut its gas supplies over a £637M debt. The warning raised fears that reductions in supplies to Kiev could trigger shortages in Europe such as occurred in the price stand-off in 2006 – Financial Times

The prospect of extracting oil in seas off the Falklands moved a step closer yesterday when BHP Bilton, the mining giant, agreed to buy a stake in licences owned by a small exploration company – Financial Times

Parts of the Artic have experienced an unprecedented heatwave this summer, with one research station in the Canadian High Artic recording temperatures above 20 degrees Celcius, about 15 degrees higher than the long term average. The high temperatures were accompanied by a dramatic melting of Artic sea in September to the lowest levels ever recorded, a further indication of how sensitive this region of the world is to global warming – The Independent

Scottish & Southern Energy plans a massive investment at Peterhead power station including a new gas turbine unit. The firm say this will generate both construction and long-term jobs at the station - The Scotsman

Scottish & Southern Energy (SSE) is to spend £600m by 2010 improving the green credentials of its generation portfolio, it said yesterday. However, it has warned again that its efforts to increase the amount generated from renewable energy sources was still being held up by the planning system - The Scotsman

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