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WASHINGTON, April 15 (UPI) -- Cuban offshore drilling is an "issue of concern," U.S. Interior Secretary Ken Salazar said.
MIAMI, Nov. 26 (UPI) -- Russian oil companies are expressing an interest in tapping Cuba's offshore oil potential ahead of an official state visit by Russian President Dmitry Medvedev.
WASHINGTON, Nov. 3 (UPI) -- Declining gasoline prices have taken some of the punch out of the political stump speech that revolves around U.S. oil independence, observers said.
MIAMI, June 18 (UPI) -- A consortium of Brazilian and foreign oil companies has discovered yet another oil field off the coast of South America's largest country, adding to the already multibillion-barrel reserves found in Brazilian waters in recent years.
MIAMI, June 4 (UPI) -- Brazil's oil bounty apparently continues to grow with the discovery of a new deposit of sweet crude off the coast of Sao Paulo state, according to energy officials.
MIAMI, May 21 (UPI) -- Following the discovery of a U.S. Navy fighter in Venezuelan airspace, President Hugo Chavez warned that oil prices could reach $500 a barrel were the United States to attack Venezuela.
MIAMI, April 23 (UPI) -- Energy officials from Iran said they were ready to make good on promises to bolster energy ties with Venezuela by establishing a joint Tehran-Caracas oil company, a concept considered far-fetched by some considering the rash of projects proposed by the two nations that have yet to come to fruition.
MIAMI, March 19 (UPI) -- Two U.S. representatives from Florida introduced legislation seeking to designate Venezuela a state sponsor of terror, a move that could hurt the country's oil sector and U.S. relations in the region.
MIAMI, March 12 (UPI) -- U.S. sanctions against Venezuela over its alleged support of a leftist Colombian rebel group would cripple its oil industry and cause a worldwide spike in already record-high oil prices, experts say.
MIAMI, Feb. 27 (UPI) -- Oil production in Cuba has fallen steadily over the last half decade from a production high of nearly 65,000 barrels per day in 2003, according to energy experts on the subject.
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