Exclusive - UK oil and gas decline to halt as investment booms

LONDON (Reuters) - British oil and gas tax revenues could rise by billions of pounds this year as high oil prices boost earnings and tempt operators into opening new fields after a decade of sharp declines, industry data and Reuters research showed.

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Source: http://uk.reuters.com/article/2012/01/13/uk-energy-oil-gas-north-sea-idUKTRE80C0EH20120113?feedType=RSS&feedName=domesticNews

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