Yet, these opportunities remain sidelined as the government prioritizes oil and gas. Azerbaijan has announced several ...

On March 19, drones attacked the Naftatrans oil depot, which reportedly holds 100,000 tons of fuel across its five tanks. The ...

A large explosion rocked an oil depot in the Kavkazsky District of Russia’s Krasnodar region after a Ukrainian drone attack, ...

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Oil exports via the Caspian Pipeline Consortium pipeline have been set at 1.7 million barrels per day, or around 6.5 million ...

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

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

The 1,511-kilometer CPC pipeline, which connects oil fields in western Kazakhstan and Russian offshore fields in the Caspian Sea to a marine terminal in Novorossiysk, is the main export route for ...

The 1,511-kilometer CPC pipeline, which connects oil fields in western Kazakhstan and Russian offshore fields in the Caspian Sea to a marine terminal in Novorossiysk, is the main export route for ...

Serica and EnQuest are in discussions over a possible merger amid a challenging backdrop for the North Sea oil and gas sector. Bosses at Serica believe a tie-up would deliver 'substantial ...

The windfall tax on oil and gas firms will end in 2030 – but the government has pledged to ban new drilling licences to help “unleash” clean energy in the North Sea. Both policies have been revealed ...