Cuba

The half-century stand-off between the U.S. and Cuba appears to be ending, and improving relations could, over time, bring experts in Gulf of Mexico oil and natural gas exploration and production to the waters off Cuba’s northern coast. A lot of questions remain, though, chief among them how extensive Cuba’s offshore reserves really are and—just as important—how long it might take for a still-Communist Cuban government to warm up to working with energy-sector capitalists. Today we consider the long-term potential for hydrocarbon development in Cuba’s corner of the Gulf.