The Cuban government has signed off on an environment license that could pave the way to drilling for oil onshore, an Australian energy company said. Melbana Energy Ltd., which changed its name last year from MEO Australia to broadcast a Caribbean flair, said the Cuban Ministry of Science and Technology gave it the environmental license for planned activities at its Alameda-1 exploration well on the north shore of Cuba. “Our Cuba and Melbourne-based drilling team is continuing to progress the necessary permits through the well-defined Cuban regulatory process,” Melbana CEO Robert Zammit said in a statement. “We are pleased to reach this milestone and look forward to finalizing all regulatory approvals for the Alameda-1 well.” Melbana’s is targeting […]