BP has discovered the largest oil and gas field of the last 25 years
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BP Plc said it has made its biggest discovery in 25 years in deep waters off Brazil, a welcome development for the British oil major as it tries to reverse years of underperformance. BP in particular has discovered an oil and gas deposit about 500 meters (1,640 feet) deep in the Bumerangue block in the Santos Basin, it announced Monday without giving further details. The discovery adds to other......
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