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Posted AT 11:37 AM EST on 14/06/08

Farther, deeper, colder

From Saturday's Globe and Mail

Brazil: Into the Deep Output: 1.766 million barrels a day. Reserves: 11 billion barrels. In addition, state-owned Petroleo Brasileiro SA (Petrobras) has estimated recoverable reserves at its new Tupi field of up to eight billion barrels, one of the largest discoveries in the past 20 years.

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