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Melbana Energy

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Melbana Energy (MAY) News

Latest articles and price-sensitive announcements with AI sentiment classification.

Kalkine
Neutral
1 Oct

Why Is Melbana Energy (ASX:MAY) Reviewing Its Cuba Exposure?

Highlights Melbana Energy is assessing whether a new US Executive Order on Cuba's energy sector affects its operations there. Annual results released this week showed a much wider net loss than the prior year. The company has reiterated a growth-focused oil and gas strategy spanning Cuba and Australia. Melbana Energy (ASX:MAY) is working through whether a new US Executive Order targeting Cuba's energy sector allows it to keep operating on the island, and this week it paired that review with a...