A giant oil deposit discovered off Brazil
RIO DE JANEIRO (Reuters) - The Brazilian state oil company Petrobras has discovered with several partners a giant offshore oilfield in Brazil that could, according to the National Petroleum Agency, be the largest global discovery of its kind since 30 years.
The head of the agency, Haroldo Lima, told reporters that the field, discovered with the Spanish partners Repsol and British BG Group and called "Carioca", could contain 33 billion barrels of oil equivalent.
It would also be the largest discovery in Brazil, with reserves five times higher than the recently discovered giant Tupi deposit. The country's prospects for the American and world oil markets would be considerably strengthened.
Petrobras refused to confirm the estimates and indicated that studies on the deposit were continuing.
Rodrigo, Gaiern French version Gilles Guillaume
With that, the speculation is going to be compressed, the price to fall and the consumption to continue to climb, until indeed the methanes of the poles add to the CO2 to well rot the planet. In 2-3 generations we will live under a bell, the outside will be poisoned and too hot anyway.