Mexico might be replacing Venezuela as Cuba’s key economic savior, sending $3 billion in oil between May and August, some of it in a Cuban ship under U.S. sanctions, a Mexican group fighting ...

Melbana Energy Limited ( (AU:MAY) ) has provided an announcement. Melbana Energy Limited reported continuous oil production from its Alameda-2 site in Cuba, with a crude inventory exceeding 33,000 ...

The Sydney-based company said flow testing at the Amistad-2 well in Cuba's onshore Block 9 had failed to recover oil.

The government of Mexico has been giving billions of dollars worth of oil to Cuba through a shell company and programs, in what the country’s president, Claudia Sheinbaum, calls a humanitarian effort ...

Members of the Organization of Petroleum Exporting Countries and their allies decided over the weekend to boost oil output by ...

Nov 2025 - Despite intersecting significant reservoir, no oil recovered; focus shifts to seismic survey and potential Amistad-11 well.

The latest update is out from Melbana Energy Limited ( (AU:MAY) ).

As if tensions between the United States and Russia were not high enough, the Russian government-owned oil corporation Rosneft is now seeking a major oil deal with Cuba. At the World Petroleum ...

Eight members of the oil cartel agreed on Sunday to a small increase but said they would now pause in adding more oil, reflecting market concerns about an oversupply.

OPEC+ will likely approve another oil production increase of at least 137,000 barrels per day at its meeting next Sunday, as rising oil prices encourage the group to try to further regain market share ...