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Oil and gas industry

Cuba weathers storm in Venezuela but future looks uncertain

HAVANA (AP) — Refineries have gone dark. Gas rations have been slashed for hundreds of thousands of state workers. Construction materials are nearly impossible to find. But Cuba’s hotels and restaurants are packed, major U.S. airlines are adding flights and government stores are full of frozen American chicken and U.S.-made …

Cuban President Raul Castro faces deep problems in 2017

HAVANA (AP) — Alex Romero was delighted when President Barack Obama came to Havana in March bearing the promise of a bright new future. Like so many other Cubans, the 42-year-old state photography shop employee thrilled at the president’s vision of restored ties between the U.S. and Cuba. Families would …

Cuba sees economy shrink 1 percent despite detente with US

HAVANA (AP) — Cuba announced Tuesday that its economy shrank this year for the first time in nearly a quarter century as a plunge in aid from Venezuela overwhelmed a surge in tourism set off by detente with the United States. Economy Minister Ricardo Cabrisas and President Raul Castro told …