Venezuela’s reserves rise to 297 billion barrels with heavy oil in the Orinoco Belt and Brazil’s capacity is growing.
![Brazil oil exploration [GALLO/GETTY]](https://www.aljazeera.com/wp-content/uploads/2011/07/201171613252967734_20.jpeg?resize=570%2C380&quality=80)
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Venezuela’s reserves rise to 297 billion barrels with heavy oil in the Orinoco Belt and Brazil’s capacity is growing.