Britain will allow some new oil and gas production on or near existing fields, the government said on Wednesday, easing its stance on new licences while dashing oil and gas producers' hopes for an early end to windfall taxes on their sector.From an output of around 4.4 million barrels of oil equivalent per day (boed) - similar to OPEC heavyweight Iraq - at the start of the new millennium and a position as a net exporter…
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