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Cuba eager to do business with US oil companies again: official

Cuba is eager to do business again with American oil companies, an official says, expressing hope that Havana’s opening with Washington will clear the way for their return after 55 years. In 1960, Cuba’s revolutionary leaders expropriated US refineries on the island without compensation after they refused to process Russian oil, prompting Washington to retaliate with a trade embargo. The US embargo, which was expanded in 1962 and remains in

Gulf of Mexico oil rig worker dies in accident

A crew member on a Gulf of Mexico oil rig contracted by Chevron Corp was killed in an accident, the company said on Tuesday. “The cause of the incident is being investigated,” Chevron said in a statement. It said the death occurred while the rig, called the Pacific Santa Ana, was operating in waters off Louisiana.