Spanish
oil and gas company Repsol YPF is currently facing a big risk,
but it's a gamble a lot of American companies would gladly take. The
firm is now drilling for oil off the coast of Cuba. Repsol is sinking
$200,000 a day into the venture, which it launched in partnership with
the Cuban government. A major find would be a big victory for
cash-strapped Fidel Castro, which is perhaps precisely why U.S.
companies are prohibited from exploring in Cuba. [more]
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