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Repsol continues with drilling plans in Cuba

<p style="text-align: justify;">Apparently undeterred by a bill pending in the U.S. House of Representatives that would penalize foreign oil companies that drill in Cuban waters, Spain’s Repsol YPF SA continues with plans to contract a platform for exploratory drilling, Spanish news agency EFE reported.Last week Florida Rep. Vernon Buchanan (R-Sarasota) launched a bill that would authorize the U.S. secretary of the interior to deny drilling licenses in the United States to companies that operate in Cuba. Read More