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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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Jul 30, 2026 / Tyler Durden
"Diesel Is At Epicenter Of Supply Squeeze,": Goldman
"Diesel Is At Epicenter Of Supply Squeeze,": Goldman
Goldman analysts are out with an eye-opening note showing that global refinery runs have plunged to their lowest seasonal level since the Covid era as conflict-related outages hammer Russia and the Gulf while Chinese processing remains subdued.
Analysts, including Yulia Zhestkova Grigsby and Daan Struyven, introduced a new global refinery-runs nowcast, estimating that global runs declined by 6.5 million barrels per day from a year earlier in late July.
Non-OECD throughput dropped by 7 million barrels per day, led by the Middle East,...
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Apr 8, 2026 / Tyler Durden
ASP Isotopes Offers Helium Alternative As Qatar Export Crisis Looms
ASP Isotopes Offers Helium Alternative As Qatar Export Crisis Looms
ASP Isotopes could provide timely relief for the global helium shortage.
In a new research note from Canaccord Genuity analyst George Gianarikas, he highlights the company’s Virginia Gas Project in South Africa as a potential new source of supply just as Qatar’s helium exports face major disruption.
The warning comes shortly after we reported on Qatar’s Ras Laffan complex damage and the closure of the Strait of Hormuz, which together threaten roughly one-third of global helium output. Helium remains essential for semiconductor manufacturing,...
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May 16, 2026 / Tyler Durden
"You Should Be Preparing Your Criminal Defense": Becerra Feels The Heat In Final California Governor's Debate
"You Should Be Preparing Your Criminal Defense": Becerra Feels The Heat In Final California Governor's Debate
Authored by Susan Crabtree via RealClearPolitics,
Seven candidates vying for California’s governorship squared off Thursday in their fifth and final debate, with frontrunner Xavier Becerra facing down an onslaught of attacks from the right and the left over his policy record, a campaign fraud scandal, and what rivals described as a deceptive flip-flop on healthcare policy.
“This is what happens when you take the lead in polls,” remarked the former Biden Health and Human Services secretary...
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