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The U.K. government unveils plans to bolster the country's oil and gas sector, promising to work...

The U.K. government unveils plans to bolster the country's oil and gas sector, promising to work with the industry to provide tax certainty, supply chain support and skills development. Net energy imports last year rose to the highest levels since 1976, reflecting more than a decade of declining output due to natural decline rates at mature fields and a changing tax regime.
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