The island of Cuba had proven oil reserves of 124 million barrels according to 2013 figures. There are varied estimates of total crude oil reserves that rely mainly on estimations of as-yet undiscovered offshore oil deposits in the North Cuba Basin. Cuba is on... More »
The European Union and Cuba have signed a deal normalizing ties and establishing economic relations with Cuba. On Friday, Cuban Foreign Minister Bruno Rodriguez and EU Foreign Policy Chief Federica Mogherini were present at the signing of the agreement in Hava... More »
It just got a whole lot cheaper for Americans to stay connected by phone in Cuba . The good news this week is that IDT Corporation (NYSE:IDT) announced the launch of its Boss Revolution Cuba Plus calling plan at a cheaper rate. IDT and ETECSA (Empresa de Tele... More »
Two years of negotiations should be finalized this week between the EU and Cuba. The European Union met with Cuban government officials last week in an attempt to finalize approximately two years of negotiations. It was previously hoped that an agreement bet... More »
Each year the Cuban government publishes a portfolio of Foreign Investment Opportunities in Cuba. The investment portfolio is available online and published annually by the Cuban Ministry of Foreign Commerce and Investment. The latest edition of the Portfoli... More »
The following press release published by Leni Gas Cuba Limited announces positive performance results for the Cuban travel business group inCloud9/Travelwelcome. Revenues are expected to increase dramatically in the upcoming months/years, a growth forecast clo... More »
The Cuban Minister of Foreign Trade and Investment (MINCEX), Rodrigo Malmierca Diaz, ends his official visit to the United States today. From February 15-18, he headed the delegation accompanied by Cuban officials including the president of the Chamber of Com... More »
Update to this article: Obama’s official visit has been confirmed for March 21 – 22nd. U.S. Secretary of State John Kerry stated Tuesday (February 23) he plans to travel to Cuba “in the next week or two” for talks on human rights. Kerry was previously in Cuba ... More »
A memorandum of understanding between Cuba and the United States is expected to be signed today. At present five major US airlines (United, Delta, American, Southwest and JetBlue) are interested in providing direct flights to Cuba. Discussions on flights to ... More »
Caterpillar signed a deal with Rimco a privately owned company in Puerto Rico for distribution of Caterpillar equipment in Cuba. Caterpillar products including construction and mining equipment, power systems, marine and industrial engines will contribute to ... More »
Update: MEO Australia (ASX: MEO) is now known as Melbana Energy Limited, listed on the Australian ASX (“MAY”). Early mover in the Cuban oil and gas sector MEO Australia Limited (ASX: MEO) reported a significant find in Block 9 a week ago, and is currently wo... More »
Cuban Minister of Foreign Trade and Investment, Rodrigo Malmierca Díaz, will lead a delegation to the United States from February 15 to 18. Officials from the Ministry of Foreign Affairs (MINCEX) , the Central Bank, the Chamber of Commerce and executives of Cu... More »
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