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    Reuters: UK Oil, Gas Output to Rise for First Time in 15 Years

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Summary

More efficient oil and gas technology will enable the UK oil and gas industry's output to increase for the first time in 15 years, Oil & Gas UK said today

by: Erica Mills

Posted in:

Press Notes

Reuters: UK Oil, Gas Output to Rise for First Time in 15 Years

British oil and gas production is set to rise for the first time in 15 years this year as investment in more efficient technology pays off, the industry's association said on Wednesday.

Britain's oil and gas output has more than halved in the past 10 years due to easy-to-reach resources running low and a lack of investments in new areas.

Read the full article HERE.