Britain's oil industry calls on public purse as first fields shut
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LONDON (Reuters) - Britain's oil and gas sector needs government help to survive, industry body OGUK said, after the oil price crash triggered by the coronavirus and a Saudi-Russian price war threatens its ability to continue producing hydrocarbons in the North Sea.EnQuest became the first British producer to shut North Sea fields in the wake of the oil price slump to 17-year lows, saying it will not restart its Heather and Thistle/Deveron fields. For industry as a whole, Britain has already..