Cuba Contracts with Australian Firm for Hydrocarbon Production Sharing

Cuba Contracts with Australian Firm for Hydrocarbon Production Sharing

According to World Oil, MEO Australia has concluded terms and executed the Cuba Block 9 Production Sharing Contract (PSC) with the national oil company Cuba Petróleo Union (CUPET).  The block 9 onshore contract contains the large Veradero oil field and other discoveries. Specific terms of the contract are unknown, but the timing appears to symbolic … Read more

The History and Rancor of the Helms-Burton Act of 1996

The History and Rancor of the Helms-Burton Act of 1996

Amid all the excitement over recent progress in restoring normal relations between the US and Cuba, there remains important legislative impediments to dismantling the various ideological ramparts designed to foment Cuba’s destabilization. What is certain is that the cantankerous history between the two countries produced laws that reflect a deep hurt and mistrust. Removing these … Read more