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

A Russian privately-held engineering and construction specialist has emerged ahead of an established Italian contractor as ...

Environmental activists are alarmed over the rapidly declining water levels of the Caspian Sea, highlighting the urgent need for action. The falling water levels pose significant threats to the ...

However, the list of affected stakeholders extends far beyond these countries, as the Caspian Sea plays an important role in the global trade, energy, and transport spheres. The sea is home to the ...

The Caspian Sea is of strategic importance for oil-importing countries and plays a key role in the economy of the bordering nations. The total oil reserves of the Caspian Sea are estimated to be ...

In 1846, the first oil well was drilled in Bibi-Heybat, marking the beginning of industrial oil production in Azerbaijan and ...

A new US Department of Energy survey provides updated data on oil & natural gas production ... The Regional Analysis Brief: Caspian Sea additionally provides an overview of regional coal ...

BAKU, Azerbaijan, March 20. Turkmenistan is an important partner for Romania in diversifying energy sources, Pavel-Casian ...

ASTANA. March 12 (Interfax) - The CEO of Kazakhstan's KazMunayGas (KMG), Askhat Khassenov and COO of Italy's Eni, Guido Brusco, discussed the progress of their joint projects at a meeting in Houston, ...

Greenfields Petroleum Co. (CVE:GNF – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.30 and traded ...