'UK enjoys first North Sea energy output rise in 15 years'

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Britain's oil and gas production has risen for the first time in 15 years on cheaper extraction costs, an industry body said Tuesday, while warning of a lack of investment. Output jumped by 10.4 percent in 2015 compared with a year earlier, Oil & Gas UK said in a report. "Few industries could have achieved the performance improvements the UKâ s oil and gas industry has demonstrated over the last 18 months," it said.

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