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Decommissioning Spending In UK North Sea Hits Record High
Decommissioning Spending In UK North Sea Hits Record High
Authored by Michael Kern via OilPrice.com,
Decommissioning remained a major activity across the UK North Sea in 2025, with industry spending hitting a record-high of £2.6 billion, or $3.5 billion, the North Sea industry regulator said in a report on Thursday.
Well-decommissioning remains the single largest component of forecast decommissioning expenditure on the UK Continental Shelf (UKCS), accounting for around half of expected costs to 2032, the North Sea Transition Authority (NSTA) noted in its annual decommissioning cost and performance update.
The UK North Sea has a...
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Sep 21, 2026 / Tyler Durden
Judge Rules EPA Must Reinstate $7 Billion Biden-Era Subsidies For Solar Promotion
Judge Rules EPA Must Reinstate $7 Billion Biden-Era Subsidies For Solar Promotion
Authored by Jeremy Lott via The Epoch Times,
A $7 billion federal government grant program for solar promotion, authorized during the Biden administration, was reinstated by a federal judge on Sept. 18 in a ruling that rebuffed the Trump administration's efforts to cancel it.
Solar panel array at a solar farm near Lancaster, Calif., on June 17, 2026. Mario Tama/Getty Images
Judge Mary McElroy of the U.S. District Court for the District of Rhode Island wrote in her ruling that the...
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Feb 18, 2026 / Dave DeCamp
White House Claims There Are ‘Many Reasons’ to Strike Iran, Doesn’t Elaborate Further
As a US attack on Iran appears increasingly likely, White House Press Secretary Karoline Leavitt claimed on Wednesday that there are “many reasons” for the US to bomb the country, but declined to elaborate further, as the administration hasn’t given a coherent reason for the potential war. Leavitt made the comments when asked why a […]
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Sep 25, 2026 / John W. And Nisha Whitehead
When Everything Becomes a National Security Threat
“National security” has become the government’s all-purpose permission slip to behave badly. They have become the magic words that can make constitutional restraints disappear—especially when the courts defer to claims of national security. Call something a matter of national security and the normal rules start disappearing: Courts defer. Congress retreats. Secrecy expands. Executive power grows. That […]
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