BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters.

Oil transit volumes from Kazakhstan could be reduced by about 30% due to a Ukrainian drone attack on a major pumping station in southern Russia, according to Transneft. The Kropotkinskaya facility ...

Crude oil prices rose today following a drone attack on the Caspian Pipeline Consortium and cold weather in the United States, both disruptive to production. At the time of writing, Brent crude ...

(Reuters) - Oil prices strengthened on Monday as an attack on an oil pipeline pumping station in the Caspian Sea slowed flows from Kazakhstan, while investors monitored developments of a possible ...

LONDON (Reuters) - Russia said oil flows through the Caspian Pipeline Consortium (CPC), a major route for supplying Kazakhstan and exporting to the global market, were reduced by 30-40% on Tuesday ...