Maersk bullish on Latin America, eyes Mexico's deep water oil

MEXICO CITY (Reuters) - Danish oil and shipping group A.P. Moller-Maersk sees big investment potential in Latin America, including deep water oil projects and ports in Mexico, its chief executive said on Tuesday.

Brazil’s Petrobras Raising Prices as Rivals’ Sales Drop

Petroleo Brasileiro SA, the worst- performing major oil stock this year, is raising fuel prices even as a recession in Europe and slowdown in China reduces revenue at global energy providers.

Solar, wind energy a missed opportunity for Cuba

RAMON GORDO, Cuba (AP) — The sleepy country setting that farmer Juan Alonso calls home hasn't changed much since he was born 74 years ago, with the two rustic wooden houses nestled among palm trees against a backdrop of green hills and clear skies.

Repsol: Exploratory oil well off Cuba comes up dry

HAVANA (AP) — An exploratory oil well off the northern coast of Cuba has proved a failure and will be capped and abandoned, Spanish company Repsol said Friday, a disappointment for a cash-strapped nation hoping for an economic lifeline.

Mexico's President Calderon in Cuba for talks

HAVANA (AP) — Mexican President Felipe Calderon was sitting down with Cuba's Raul Castro on Wednesday to strengthen economic cooperation and further repair a relationship that has been strained during more than a decade of center-right rule in Mexico.

Mexican plan for Gulf deepwater wells sparks new worries

MEXICO CITY _ Two years after the worst offshore oil spill in U.S. history, Mexico's state oil company is about to test its hand at drilling at extraordinary depths in the Gulf of Mexico.

US and Mexico agree Gulf of Mexico oil cooperation

The US and Mexico have agreed to work together to develop deep-water oil and gas fields that straddle their maritime border in the Gulf of Mexico.

Petrobras to Sell $7 Billion of Bonds in Biggest Brazil Deal

Petroleo Brasileiro SA (PETR4), Brazil’s state-controlled oil producer, plans to sell $7 billion of dollar bonds as soon as today in the country’s biggest corporate debt offering ever.