Sunday, January 26, 2014

Puerto Rico


Sunday, January 19, 2014

Air Europa To Launch Direct Flights From Puerto Rico To Spain

Air Europa will launch next May, direct flights between Puerto Rico and Spain.  Spain-based Air Europa will operate two nonstop flights per week between San Juan and Madrid.  The trans-Atlantic route between the two capital cities will be covered by a 299-seat Airbus A-330 aircraft.  The service is expected to land 15,000 additional European tourists per year, to the island of Puerto Rico.

Germany’s Condor Airlines is the only other airline currently offering direct flights to Europe from Puerto Rico.  Condor Airlines offers twice a week flights between San Juan, Puerto Rico and Frankfurt, Germany.

Air Europa, a privately held carrier, founded in 1986, has a fleet of 44 airplanes and employs some 4,000 people.  Air Europa offers connecting flights from Madrid to major European cities including London, Amsterdam, Barcelona, Milan, Paris, Rome and Moscow.


Sunday, January 5, 2014

Oil And Gas Found In Puerto Rico

A report by the U.S. Geological Survey (USGS) produced an assessment which could possibly lead to the future production of oil and natural gas in the Puerto Rico.  The USGS report determined, that an area, in the south coast of Puerto Rico, contains an estimated 19 million barrels of undiscovered, technically recoverable crude oil and 244 billion cubic feet of undiscovered natural gas, and 6 million barrels of natural gas liquids. 

The location of the discovery in Puerto Rico, is in the Muertos Deformed Belt around Caja de Muertos, a small island in the Caribbean Sea about five miles off the coast of Ponce, on Puerto Rico’s southern  coast.  The Caja de Muertos area was the only one with petroleum system elements.

The U.S. Geological report was based on the presence and viability of petroleum system elements including source rocks, reservoir rocks, traps, and timing considerations.