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Page added on November 28, 2009

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Britain's oil business just manages to keep trickling along

With production halved since 2000, companies want more help with tax breaks

Europa Oil & Gas has just started drilling in Lincolnshire, part of a long tradition of small companies hoping to strike “black gold” in Britain. But, whereas hope springs eternal in the minds of the oil men, Peak Oil came to Britain almost 10 years ago and many of the oil majors have come and gone.

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