Rapid falls in the level of the Caspian Sea are affecting ports and oil shipments and threatening to inflict catastrophic damage on sturgeon and seal populations, according to Azerbaijani officials.

January WTI crude oil (CLF26) today is down -0.21 (-0.35%), and January RBOB gasoline (RBF26) is down -0.00195 (-1.04%).

Caspian Pipeline Consortium re-opens one of three tanker loading units to deliver oil from Tengiz to international markets ...

The partnership aims to identify promising production zones of the mature assets, develop comprehensive reservoir modeling, and design well and drilling rig programs to support the Early Production ...

Minister says water loss is accelerating Oil volumes fall at Azerbaijan's Dubendi terminal Baku port steps up dredging to maintain tanker access Seals and sturgeon under threat BAKU, Aug 21 (Reuters) ...

The Caspian Sea is a unique and irreplaceable natural treasure. Protecting it means holding polluters accountable, and that requires transparency. The fate of the Caspian Sea hangs in the balance. A ...

The Caspian seabed's notoriously challenging conditions make the Shah Deniz wells among the most difficult BP has ever attempted, and have caused huge problems on ExxonMobil's latest well. The three ...

CPC says two of three moorings are engaged in operations This eases worries about drop in Kazakh oil output, exports Kazakhstan has been pumping oil above OPEC+ quota MOSCOW, April 9 (Reuters) - The ...

Petronas and partners signed a new production sharing contract with national oil company Turkmennebit for offshore Block I gas and condensate fields in Turkmenistan. Block I lies in the Caspian Sea ...

Caspian Services, Inc. said that, through its wholly-owned subsidiary Caspian Services Group Ltd., it has signed a contract to provide three vessels to Reservoir Exploration Technology ASA (RXT).