A new US Department of Energy survey provides updated data on oil & natural gas production in the Caspian Basin. It shows ...

Azerbaijan’s proved oil reserves totaled seven billion barrels, Turkmenistan’s 600 million, and Uzbekistan’s 594 million. In ...

BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...

The oil reserves believed to lie under the sea are estimated at around 30 billion ... would prepare a joint statement on the Caspian ahead of Khatami's visit. The reformist Iranian leader ...

BP will add six new gas wells in Azerbaijan’s Shah Deniz field in the Caspian Sea in order to maintain stable production for the ...

The Caspian pipeline was mainly built to relieve ... 17 billion and 33 billion barrels (comparable to the North Sea oil reserves) and several big oil companies have decided to pull out of ...

Kazakhstan’s proved oil reserves totaled 30 billion barrels as of January 1, 2025, the Energy Information Administration (EIA) of the U.S. Department of Energy said in its report titled Regional ...

the Kazakh National Oil Company, to expand operations in the Caspian Sea region. The collaboration aims to bolster Kazakhstan’s shipping and logistics capabilities by focusing on the ...

The Caspian Sea basin, encompassing a vast catchment ... The body of water is renowned for its vast reserves of oil and natural gas, attracting international oil companies and spurring the growth ...