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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 backlog of about 500 wells awaiting decommissioning and final abandonment, which means operators need to speed up work on well closures and abandonment, the watchdog said.
Last year, operators in the UK North Sea spent about £1.3 billion, or $1.75 billion, on well decommissioning activity only, with work undertaken on more than 250 wells and over 100 reaching final abandonment status.
“While this represents an increase in activity, a backlog of approximately 500 wells awaiting final abandonment remains,” the NSTA said.
“With more than 1,000 additional wells forecast to be decommissioned over the next five years, activity levels will need to increase significantly if industry is to meet regulatory expectations and provide the certainty of work needed to attract and retain critical supply chain resources.”
Nearly half of all spending on decommissioning in the UKCS is expected to be made by 2032, in what has been dubbed the ‘decade of decommissioning’ by the regulator.
Moreover, decommissioning expenditure is forecast to overtake capital expenditure (capex) from 2029 onwards as the UK North Sea matures and as few new oil and gas projects have been given the green light in recent years.
In what could be a relief for the North Sea offshore oil and gas industry, the UK’s new Labour Prime Minister, Andy Burnham, is expected to support some new projects, unlike his predecessor, Sir Keir Starmer, who sought to permanently ban new drilling.
Tyler Durden Fri, 08/14/2026 - 03:30Dear Abby: My charity donations unleashed a flood of nonstop fundraising mail
Where Child Poverty Is Highest (And Lowest) In The OECD
Child poverty rates vary widely across OECD economies, ranging from less than 5% in Finland to nearly 30% in Costa Rica.
This visualization, via Visual Capitalist's Melissa Garside, ranks OECD countries by the share of children ages 0–17 living below the poverty line in 2023. The poverty line is defined as half the median household income of the total population, meaning the measure is relative to living standards within each country. As a result, countries with the same poverty rate can differ in the absolute income levels of households classified as poor.
The data for this visualization comes from the OECD Income Distribution Database. It presents 2023 data, the latest available as of August 2026, covering OECD member countries as well as Bulgaria, Croatia, and Romania, which are currently in the accession process.
Costa Rica Has Highest Child Poverty Rate in OECDCosta Rica stood well above the rest of the ranking. Its 29.6% child poverty rate was 6.4 percentage points higher than Israel’s, the next-highest country at 23.2%.
High living costs and a large informal labor market are among the factors that can leave households with children particularly vulnerable to poverty.
RankCountryLiving Below the Poverty Line(%, Ages 0-17) 1🇨🇷 Costa Rica29.6 2🇮🇱 Israel23.2 3🇪🇸 Spain21.5 4🇺🇸 United States21.1 5🇧🇬 Bulgaria19.1 6🇷🇴 Romania17.7 7🇬🇧 UK15.8 8🇮🇹 Italy14.5 9🇨🇦 Canada14.0 10🇱🇺 Luxembourg13.5 11🇱🇹 Lithuania12.8 12🇸🇰 Slovakia12.8 13🇵🇹 Portugal12.5 14🇭🇷 Croatia12.3 15🇬🇷 Greece12.3 16🇫🇷 France12.0 17🇭🇺 Hungary11.3 18🇱🇻 Latvia10.0 19🇦🇹 Austria9.8 20🇩🇪 Germany9.1 21🇨🇭 Switzerland9.1 22🇨🇿 Czechia8.8 23🇰🇷 South Korea8.5 24🇸🇪 Sweden8.4 25🇳🇱 Netherlands8.4 26🇪🇪 Estonia8.2 27🇧🇪 Belgium7.9 28🇵🇱 Poland7.8 29🇳🇴 Norway6.9 30🇮🇪 Ireland6.8 31🇸🇮 Slovenia6.2 32🇫🇮 Finland4.6
The child poverty rate in Israel, one of the OECD countries with the youngest populations, is highly concentrated among two groups: Ultra-Orthodox (Haredi) Jews and Israeli Arabs. Both groups have child poverty rates of nearly 50%.
One in Five American Children Live in PovertyThe United States had the fourth-highest child poverty rate among OECD countries at 21.1%, just behind Spain at 21.5%.
Despite the country’s high overall wealth, roughly one in five U.S. children lived in households with incomes below half the national median. This illustrates the distinction between national wealth and how income is distributed among households with children.
The number of households living in poverty also varies significantly by state.
Northern Europe Has Some of the Lowest Child Poverty RatesAt the other end of the scale, Finland had the lowest child poverty rate at 4.6%, followed by Slovenia at 6.2%, Ireland at 6.8%, and Norway at 6.9%.
The difference between the extremes is substantial: Costa Rica’s child poverty rate was more than six times Finland’s. Four countries in the ranking had rates above 20%, while 10 had rates below 9%.
Because the OECD measure is relative to each country’s median income, these differences reflect how children fare within their own national income distribution rather than differences in absolute living standards between countries.
If you found this topic interesting, read People With Dependent Children Face Higher Poverty on Voronoi.
Tyler Durden Fri, 08/14/2026 - 02:45Gun rights groups capitalize after judge reverses decades-old restrictions: ‘Monumental’
Julianne Hough flaunts her toned figure in bikinis as she shares snaps from her trip to Sardinia
Julianne Hough flaunts her toned figure in bikinis as she shares snaps from her trip to Sardinia
Arizona teen charged for ‘relentlessly’ targeting ex-girlfriend with dodgeballs during gym class
The Great Decline Of Britain
Authored by Steve Watson via Modernity News,
Britain's streets are rotting in plain sight. Road signs coated in years of grime, pavements choked with weeds, blocked drains, overflowing bins and potholes have become everyday features of life in what was once a first-world country.
Local authorities, funded by rising council tax, routinely fail to deliver the most basic maintenance. Ordinary people - including schoolchildren - are now having to do the job themselves.
All across the length and breadth of the country, from London squares to provincial roads, citizens are cleaning signs, restoring bins and clearing litter because the people paid to do it will not.
Four images that are commonplace across Britain:
??Rubbish everywhere.
??Weeds growing on pavements
??1 million potholes
??Blocked road drains
We are paying increased council tax and are not getting even the basics of infrastructure maintenance. The decay is everywhere. pic.twitter.com/ECM6Wd81Wl
The pattern is unmistakable: a country in visible decline, where the basics are abandoned while public money flows to ideologically driven schemes.
So many people are saying the same thing. The decay across Britain (especially since the Covid era) is noticeable almost everywhere. Weeds growing on pavements. Filthy streets and signposts. Potholes strewn everywhere. Overflowing rubbish bins. Dirty buildings. Blocked road... pic.twitter.com/V5D4wMKQ4K
— James Melville ? (@JamesMelville) August 4, 2026James Melville has documented the decay repeatedly. Rubbish everywhere, weeds forcing their way through pavements, endless potholes, blocked road drains and filthy signposts appear in image after image. He notes that people are paying higher taxes yet receiving less, with local councils failing on core infrastructure.
Britain is decaying. Blocked road drains. Potholes. Rubbish strewn streets. Dirty buildings. Road signs covered in muck. We are paying increased taxes but local and national governments and authorities aren't doing the basics.
It's time for a Great British Clean Up. pic.twitter.com/i26ONqCS7Y
Another recent video shows conditions that simply do not belong in a first-world nation, asking whether the decline is reversible.
First World countries don't look like this. Is this decline reversible...? pic.twitter.com/jexjQVIzdr
— Clean Up Britain (@cleanupbritain) July 24, 2026Another focuses on a council that has left basic service standards unmet.
A new one on our travels around the country...
Another council failing to provide an acceptable 'service' to ratepayers. This time @WodcNews pic.twitter.com/wqg2FFcYbO
Volunteers have stepped into the gap, proving that all it takes is a step ladder, cleaning spray and sponge to make filthy almost illegible road signs clear again.
Today with heavy rain all day I decided to go clean this road sign. Being wet with rain made cleaning much easier up a step ladder. Looks much better now pic.twitter.com/ihJisJJSpT
— Mike The Litterpicker (@mike56200) October 20, 2025Yes it's my work it was easy a spray with kitchen spray and wipe then rinse off. We don't have to put up with it pic.twitter.com/I4heyf2NId
— Mike The Litterpicker (@mike56200) December 2, 2025Well done to this man for cleaning up this road sign. Far too many of our road signs are covered in filth. The basics of maintenance are not being fulfilled by our local authorities. #GreatBritishCleanUp pic.twitter.com/varazRqVnI
— James Melville ? (@JamesMelville) November 18, 2025What a pathetic government that leaves this to be done by citizens
— Nathan Rich ???? (@NathanRichHGDW) June 5, 2025In London, Chad West fixed neglected garden square bins that the council had left unrepaired for years. He restored them in a few hours and later completed the full set of six, calling for people to take pride in their streets again.
For anyone still interested, all six bins in the park have now been restored ? pic.twitter.com/dE4ICw5Ykp
— Chad (@ChadWestTweets) August 9, 2026True, but I'm raised old school, just get it done
— Chad (@ChadWestTweets) August 8, 2026Even children are outperforming the authorities. In the seaside village of Millisle in Northern Ireland, brothers Jonah, 10, and Eli, 9, spent their school holidays scrubbing street signs with rubber gloves, cloths, sponges and soapy water. They set themselves a target of 50 signs and had already completed 36. They began after noticing dirty signs on the drive home and decided to clean them so people could actually read the names.
I saw an article about two boys who were using their school holidays to go around their town cleaning street signs.
They are not paid for it.
They just want to make a difference.
As soon as I saw the headline, I had a bet with myself that they were two white boys.
Jonah and... pic.twitter.com/b6TkYJl9ju
Jonah said: "We were driving home in my mum's car and we saw some dirty signs so we decided to go clean them to allow people to be able to see them." He added: "It's very important to take pride in your village. Doing something small can make a big difference."
Eli said they would keep going until the job was done, whatever the weather. Their mother Shelley said she was pleased they showed initiative and that it was something they would always remember and be proud of. Local residents praised the results, noting the signs were now legible again.
These acts of basic civic maintenance stand in sharp contrast to how councils choose to spend public money.
In Cambridge, England's first "cycle street" on Adams Road cost £2.4 million. Yes, really. Look at it.
England's first 'cycle street' forced to close over poor road markings despite £2.4million costhttps://t.co/LKq4J27YbJ
— GB News (@GBNEWS) August 11, 2026It gave cyclists and pedestrians priority, narrowed the carriageway, added red surfacing and special signage. Within months the road markings proved inadequate. The street had to be closed for roughly two weeks so the contractor could remove and replace them. A Greater Cambridge Partnership spokesperson said a routine quality check revealed the markings were not up to the required standard and apologised for the inconvenience.
In London, Camden Council installed four zebra crossings painted in the blue, pink and white colours of the transgender pride flag in Bloomsbury at a cost of £10,464. The stated purpose was to "help celebrate transgender awareness."
London council faces legal action over trans flag pedestrian crossing@HJoyceGender: "The trans flag crossings... a costly exercise in celebrating a flag that represents unforgivable medical harms done to gender-distressed children in name of 'progress'." https://t.co/86cgI4u2Dg
— Sex Matters (@SexMattersOrg) July 7, 2025A local resident, Blessing Olubanjo, argued that the crossings breach political neutrality rules under the Local Government Act 1986 and amount to unlawful political messaging. She said: "I brought this case because I believe in fairness, freedom of belief, and the proper role of public institutions. As a Christian and a taxpayer, I should not be made to feel excluded or marginalised by political symbols in public spaces. This crossing sends a message that only one viewpoint is welcome, and that's not right in a truly democratic society."
Now in the ?@theLDNstandard?
'London council faces legal action after installing road crossing in colours of transgender pride flag'
?@christianlegal? https://t.co/suA2n3tv4e
Andrea Williams of the Christian Legal Centre stated: "The crossing is a visual endorsement of a contested ideology, installed by a public authority in breach of its legal duties. This is not the role of local government." Disability groups had previously warned that the colours could confuse visually impaired people and those with learning disabilities or sensory sensitivity.
Such rainbow and trans crossings have been installed in countless locations, particularly in London.
Meanwhile, Mayor of London Sadiq Khan has poured millions into basketball courts and related programmes. City Hall has invested nearly £2 million to improve facilities, expand coaching schemes and create more opportunities for the sport.
Recent work includes partnership with NBA champion OG Anunoby and Camden Council to redevelop the Argyle Square court. Critics point out that many British people do not even play or watch basketball and that streets choked with weeds and filthy signs represent more immediate needs.
Don't want basketball courts. Want... what shall we start with? Maybe streets that are not covered in 5ft weeds first please. Priorities. https://t.co/vyIIzDgCu8 pic.twitter.com/2b4xmHE2R5
— m o d e r n i t y (@ModernityNews) August 6, 2026This is what decline looks like. First-world countries do not leave their road signs illegible for years. They do not require ten-year-olds to restore civic pride during the school holidays. They do not prioritise contested ideological symbols and niche sports infrastructure while the everyday environment decays.
I still can't get over this ... when did we become so shit at everything? pic.twitter.com/WLrQYlNYlw
— Becky Tallentire (@Bluestocking63) July 23, 2026Britain is displaying the visual markers once associated with much poorer nations: neglect of the ordinary, indifference from those in charge, and citizens forced to improvise solutions.
Edinburgh – new postcard designs pic.twitter.com/PWw71m7vIz
— Edinburgh's Disgraces (@EdiDisgraces) July 23, 2026This is my town pic.twitter.com/yS2XGNklCD
— inkyblue (@brushworking) July 24, 2026 — Simon Monckton (@SimonMonckton) July 23, 2026That's the ruse- stop maintaining the environment, let drains and gullets become blocked, let river channels silt up, make flooding more likely, call it climate change, scam the punter for more cash. pic.twitter.com/iGsARIViYW
— TrevorDistance (@TrevorDistance3) July 24, 2026Bath's Royal Victoria Park duck pond. 196 years old, left to die on the LibDem's watch... So sad, so wrong...
Where is Wera Hobhouse MP when we really need her? pic.twitter.com/JeMypyaspb
The council have totally given up, pavement, what pavement? pic.twitter.com/H0IFpyIEF7
— Remote Viewer (@chess137) August 4, 2026So true, parts of #Moray look like we have been living in an apocalypse for a few years. I think last year the councillors got a 40% increase and the CEO got a 23% increase; it must be so nice to be paid more for incompetence and failures. pic.twitter.com/mflhmtCAX6
— Glenden S Fawcett (@theFMofficer) August 4, 2026Flooded roads, blocked drainage and deep potholes... We need a serious national discussion as to why our Councils are failing. It's not just "lack of funds" it's something more fundamental... lack of pride, turning a blind eye, amateur working practices and minimal... pic.twitter.com/RKiQOfwfjT
— Clean Up Britain (@cleanupbritain) February 23, 2026We have lost the ability to look after and maintain anything in this country. Britain IS crumbling.
Litter, fly-tipping, neglected infrastructure and potholes.
Sadly, we have the lot... in spades. This cannot go on. pic.twitter.com/pcTGtusoYw
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Tyler Durden Fri, 08/14/2026 - 02:00