Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

BP Sees Up To $5B Impairments Tied to Low Carbon Assets

January 15, 2026

Saudi Aramco Signs Long-Term LNG Supply Agreement in Louisiana

January 15, 2026

Cargoes Stranded at Sea, ETEnergyworld

January 15, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Mexico to Continue Shipping Oil to Cuba after Maduro Ouster
Earnings Reports

Mexico to Continue Shipping Oil to Cuba after Maduro Ouster

omc_adminBy omc_adminJanuary 8, 2026No Comments4 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Mexico will continue supplying Cuba with crude oil after the US seized Venezuelan leader Nicolas Maduro last weekend, President Claudia Sheinbaum announced, describing Mexican shipments in part as humanitarian aid.

Sheinbaum added that she sees Mexican oil as especially critical to the impoverished communist-run Cuba following Maduro’s capture.

“With the current situation in Venezuela, Mexico has become an important supplier,” she told reporters at her daily morning press conference on Wednesday. “Previously it was Venezuela, but it’s part of what has historically been sent.”

Mexico’s state-owned Petroleos Mexicanos has for decades sent oil to Cuba, and in 2024 it ramped up shipments by nearly 20 percent to average around 20,000 barrels per day that year. Parts of Sheinbaum’s leftist Morena party are especially sympathetic to Cuba’s communist party, which has increasingly struggled to meet the Caribbean island’s energy needs in recent years.

Sheinbaum explained that some of Mexico’s oil exports to Cuba are covered by contractual obligations.

“For many years, oil has been sent to Cuba for various reasons, some of which are contracts, some of which are humanitarian aid,” she said.

She added that during the administration of former President Enrique Peña Nieto, oil was used to pay debts the Mexican government owed Cuba.

Advertisement – Scroll to continue

Mexico’s determination to continue sending oil to Cuba risks a clash with US President Donald Trump, who has suggested that Cuba’s government could soon collapse. Top Trump aides argue that a cutoff of Venezuelan oil sent to the island could hasten the demise of its government.

“Cuba has been a criminal state with mercenaries all over the world up to no good,” US Secretary of Energy Chris Wright told broadcaster CNBC in an interview. “They get floated economically by free oil from Venezuela that won’t be coming anymore.”

Sheinbaum denied that more oil has been sent to Cuba in recent months, and she sidestepped a question from a reporter who asked if more or larger oil exports are planned going forward.

According to shipping reports and vessel movements tracked by Bloomberg, Mexico’s oil shipments to Cuba have not increased since last September, when Pemex sent 400,000 barrels. Another ship with the same amount of oil is expected this month.

Venezuela has been a longtime benefactor to Cuba, with whom it had an agreement to receive oil in exchange for doctors and security personnel. Trump has threatened to control Venezuelan oil exports, but it’s unclear how soon Cuba may be denied those supplies.

Mexico has also welcomed Cuban doctors in recent years, including during the pandemic. According to a report from newspaper El Universal, the Mexican government paid over 2 billion pesos ($111 million) between 2022 and 2025 for Cuban physicians.


What do you think? We’d love to hear from you, join the conversation on the

Rigzone Energy Network.

The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community that will empower your career in energy.

element
var scriptTag = document.createElement(‘script’);
scriptTag.src = url;
scriptTag.async = true;
scriptTag.onload = implementationCode;
scriptTag.onreadystatechange = implementationCode;
location.appendChild(scriptTag);
};
var div = document.getElementById(‘rigzonelogo’);
div.innerHTML += ” +
‘RIGZONE Empowering People in Oil and Gas‘ +
”;

var initJobSearch = function () {
//console.log(“call back”);
}

var addMetaPixel = function () {
if (-1 > -1 || -1 > -1) {
/*Meta Pixel Code*/
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1517407191885185’);
fbq(‘track’, ‘PageView’);

/*End Meta Pixel Code*/
} else if (0 > -1 && 90 > -1)
{
/*Meta Pixel Code*/
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1517407191885185’);
fbq(‘track’, ‘PageView’);
/*End Meta Pixel Code*/
}
}

// function gtmFunctionForLayout()
// {
//loadJS(“https://www.googletagmanager.com/gtag/js?id=G-K6ZDLWV6VX”, initJobSearch, document.body);
//}

// window.onload = (e => {
// setTimeout(
// function () {
// document.addEventListener(“DOMContentLoaded”, function () {
// // Select all anchor elements with class ‘ui-tabs-anchor’
// const anchors = document.querySelectorAll(‘a .ui-tabs-anchor’);

// // Loop through each anchor and remove the role attribute if it is set to “presentation”
// anchors.forEach(anchor => {
// if (anchor.getAttribute(‘role’) === ‘presentation’) {
// anchor.removeAttribute(‘role’);
// }
// });
// });
// }
// , 200);
//});



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

BP Sees Up To $5B Impairments Tied to Low Carbon Assets

January 15, 2026

Texas Upstream Employment, Job Postings Drop

January 14, 2026

IPAA Boss Highlights ‘Challenging Price Environment’

January 13, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Citigroup must face $1 billion lawsuit claiming it aided Mexican oil company fraud

July 1, 20077 Views

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20075 Views
Don't Miss

BP Sees Up To $5B Impairments Tied to Low Carbon Assets

By omc_adminJanuary 15, 2026

BP PLC said Wednesday it expects to book $4-5 billion in write-downs primarily related to…

Virtual auctions aim to bring transparency to oil and gas royalty markets

January 14, 2026

Oilfield services jobs edge lower to close 2025, EWTC data shows

January 14, 2026

Eco Atlantic engages Guyana on Orinduik Block licence continuation

January 14, 2026
Top Trending

EPA to stop calculating money and lives saved by curbs on air pollution | Trump administration

By omc_adminJanuary 14, 2026

Salesforce Signs Deals to Purchase Carbon Removal from 19 Early-Stage Suppliers

By omc_adminJanuary 14, 2026

EU Financial Regulators Release Guidelines for Integrating ESG Risks Into Stress Tests

By omc_adminJanuary 14, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202510 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views

‘Looksmaxxing’ on ChatGPT Rated Me a ‘Mid-Tier Becky.’ Be Careful.

June 3, 20257 Views
Our Picks

MidOcean Energy in Talks to Join Argentina LNG

January 15, 2026

Oil Slips After Trump Signals Iran De-Escalation

January 14, 2026

Shell, Exxon Pull Planned North Sea Gas Sale To Viaro

January 14, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.