Discovery of the Largest Oil Reservoir in Brazil
October 14, 2025
BP recently announced the discovery of the largest oil and gas reservoir in the last 25 years in the Bumerangue offshore area near Brazil. The reservoir is estimated to be 500 meters tall and covers 300 square kilometers. The company is seeking a partner for its exploitation, with Petrobras being a potential candidate. This discovery could impact global energy dynamics, given the shift towards alternative energy sources.