Oil prices settled higher on Tuesday as supply disruptions mounted in Russia and the U.S., while talks to end the war in ...

Russia said oil flows through the Caspian Pipeline Consortium (CPC), a major route for supplying Kazakhstan and exporting to the global market, were reduced by 30-40% on Tuesday after a Ukrainian ...

Kropotkinskaya Pump Station in South Russia, which is CPC’s largest pump station on Russian territory, was attacked by an UAV, after which it was pulled out of service ...

Oil loadings from Russia's Black Sea port of Novorossiisk were suspended on Tuesday due to a storm, two sources familiar with the matter told Reuters. CPC Blend oil loadings from the Caspian Pipeline ...

MOSCOW, February 18. /TASS/. Oil pumping via the Caspian Pipeline Consortium (CPC) system following Ukraine’s drone attack on CPC’s largest pump station fell by around 30-40%, Russian Deputy Prime ...

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

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

DOHA: Qatar witnessed a significant surge in value of projects in oil sector reaching $6.3bn in last year showing a huge increase when compared to 2023. The oil sector accounted for 33.5% of the total ...

Arctic daily sea ice extent continued to hover near record daily lows in January, with the ice edge well northward of its long-term average position in most areas. In contrast to the cold conditions ...

U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker Hughes said in its closely followed report on Jan. 31. The oil and gas rig ...

Kazakhstan has expressed interest in joining the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, a move that could ultimately facilitate Russia’s entry into the long-debated ...