Algeria to Supply Crude to Cuba
Thursday, 8th September 2016
Algeria is sending crude oil to Cuba for the first time to help offset lower supplies from the island's closest ally, Venezuela. Algeria's state-owned Sonatrach plans to ship about 515,00 barrels of crude to Cuba in October, with a possible second cargo loading in November or December.
Despite Thawed Relations, US Not Lured by Cuba’s Oil
Thursday, 7th May 2015
Cuba unveiled new data Wednesday that it said confirmed there were billions of barrels of oil beneath its Gulf of Mexico waters but admitted there was little interest in new exploration, even with the thaw in U.S. relations.