31 August 2010
Govt suspends consideration process for oil exploration
(pdf 679 KB)
Government has suspended the consideration process for all oil exploration and drilling applications until the country has stringent environmental protocols in place to mitigate against a catastrophic oil well leak.
29 August 2010
Oil exploration in Cuba expected to go ahead
(pdf 142 KB)
Preparations for full-scale oil exploration are gaining momentum in Cuba's Gulf of Mexico waters just 50 miles from the US, testing the limits of the trade embargo on the Caribbean nation.
25 August 2010
Cuba looks to cooperate on offshore safety
(pdf 268 KB)
Lee Hunt, President of the Houston-based International Association of Drilling Contractors, said during a visit to Havana he would like to see Cuba's state oil company join the organisation to be able to exchange information with its neighbors on drilling techniques, safety and regulation.
19 August 2010
Oil Prospects in Cuba have some rethinking U.S. Trade Embargo
(pdf 113 KB)
Washington - As speculation surfaces of oil prospects in Cuba, officials are worried that the United States' embargo will fall short with trade, as the island continues to attract global investments from countries such as China.