PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 30.May.2025, Words: 127) — Cuba recently spud the Santa Cruz 505 well as part of efforts to stop declining crude oil production and boost its energy security, which has been lacking amid a lack of fuels and power outages.
Drilling of the well has already restarted, according to the head of Cuba’s Ministry of Energy and Mines Vicente de la O Levy, a mechanical engineer.
