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United Kingdom increases oil production in 2015, but new field development declines

After many years of decline, production of petroleum and other liquids in the United Kingdom (U.K.) increased by about 100,000 barrels per day (b/d) in 2015. The largest contribution to this increase came from fields that were brought online in the second half of 2014. Significant increases also came from …read more

Source:: TODAY IN ENERGY