Tag: Cuba

Cuba: ferronickel plant

Cuba will proceed with plans to build a ferronickel plant with its ally Venezuela.

Cuba: oil reserves

The state-owned Cuban oil company Cubapetroleo says the country may have more than 20bn barrels of oil in its offshore fields - more than double the previous estimate.

New stainless steel plant

Venezuela and Cuba have signed an agreement to create a joint steelmaking company called Aceros del Alba CA, which will make stainless steel products in Venezuela.

Aceros del ALBA JV

Venezuela and Cuba have confirmed the creation of a JV in the steel industry to produce and distribute stainless and special steel.

Chinese SS gets probed

The US Office of Foreign Assets Control (OFAC) is investigating the alleged use of Cuban-origin nickel in stainless steel exported to the USA from China.

Cuba Explores Gulf for Oil

Cuba is planning to begin exploration for oil in its waters in the Gulf of Mexico in August, it was reported.