Watching the World: Cuba’s oil idealism

02/06/2006
US energy executives met their Cuban counterparts last week in the first private-sector oil summit between the two countries. The Cubans hoped to tout their country’s oil potential and enlist support in ending the 45-year-old US trade embargo.The 3-day meeting, which kicked off on Feb. 2, was sponsored by the US-Cuba Trade Association (US-CTA), Valero Energy Corp., the Louisiana Department of Economic Development (LDED), the Texas Port of Corpus Christi, and others.Cuba’s delegation was led by Fidel Rivero Prieto, president of state oil company CubaPetroleo, while officials from the Cuban Ministry of Basic Industries and Cuba’s ministries of foreign trade, foreign invest...
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