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

Nazrin Abdul Read more British company bp is planning to explore new oil fields in the Azerbaijani sector of the Caspian Sea, ...

A project to process associated gas from the huge Kashagan offshore oilfield must come online before the end of 2026 despite ...

From 2005 to 2023, the Caspian Sea's water level dropped by 185 centimeters, resulting in a loss of 31,000 square kilometers of water area.

BAKU, Azerbaijan, March 14.​ Chairman of the Board of the Azerbaijani Caspian Sea Shipping Company (ASCO) Rauf Valiyev has ...

CPC oil flows reduced due to drone attack Peace talks with Russia could impact oil supply Dollar near two-month low after weak US retail data US Presidents Day holiday expected to keep trade muted ...

But a proposed increase from 1.4 million tons to 2.2 million tons is just a drop in the bucket compared to the volumes ...

Since 2006, the sea has become almost two meters shallower, and by the end of the century, it is predicted to fall by another 8–18 meters.

(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 ...