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VIDEO:News

Mexico and Cuba Settle Differences In Quest For Oil

Description:Mexican President Felipe Calderon said on Thursday that Petroleos Mexicanos (PEMEX) and CubaPetroleo (CUPEX), the state oil companies for Mexico and Cuba , have signed a non-binding letter of intent for Pemex to evaluate possible exploration for oil in Cuba's part of the Gulf of Mexico (1:42)

Source: IBTimesTV

Tags: ibtimestv , barrels , billion , calderon

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