June 10, 2010
In early May, the Brookings Institution published a study on U.S.-Cuba environmental cooperation when dealing with the potential risks of oil exploration in shared ocean waters: As Cuba continues to develop its deepwater oil and natural gas reserves, the consequence to the United States of a similar mishap occurring in Cuban waters moves from the [...]
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November 29, 2008
Russian President Dmitry Medvedev concluded his visit to Havana. He met with Fidel Castro and said that a new bilateral accord will be waiting for President Raul Castro when he visits Russia. Medvedev and Raul Castro signed mining and oil exploration deals and discussed “military technical cooperation.” Raul Castro said that he is willing to [...]
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Cuba’s offshore oil development
August 2, 2011The U.S. Congressional Research Service published last month a report entitled “Cuba’s Offshore Oil Development: Background and U.S. Policy Considerations.” If oil is found, some experts estimate that it would take at least three to five years before production would begin. While it is unclear whether offshore oil production could result in Cuba becoming a [...]