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Caspian Sea

Crude Oil News

Ukrainian Drone Strikes Escalate: Afipsky Refinery Hit Amid Wave of Attacks on Russian Oil Infrastructure

December 13, 2025 Clark Savage

In a series of bold operations, Ukrainian forces have intensified their drone campaigns against Russian energy assets, underscoring the ongoing geopolitical tensions’ profound impact on global oil markets. The latest strikes, including a significant hit […]

Crude Oil News

Russia’s Oil and Gas Revenues Set to Slide 50% to a Five-Year Low: Drones and Sanction Enforcement Take Their Toll

December 12, 2025 Clark Savage

In a stark indicator of mounting pressures on Russia’s energy sector, the country’s oil and gas revenues are projected to plummet by nearly 50% in December 2025, reaching a five-year low of approximately $5.15 billion. […]

offshore wind
Finance

Azerbaijan partners with China on Caspian offshore wind project

April 25, 2025 Mariel Alumit

Azerbaijan’s Ministry of Energy has signed two agreements with Chinese firms for the construction of an offshore wind energy project in the country. The first agreement, signed with China Energy Overseas Investment, entails the evaluation, […]

Kazakhstan
Crude Oil News

Kazakhstan to Consider Building Oil Pipeline in the Caspian Sea

April 18, 2024 Mariel Alumit

Kazakhstan, a non-OPEC oil producer part of the OPEC+ agreement, will consider building an oil pipeline in the Caspian Sea, Russian news agency Interfax reported on Thursday, quoting Kazakhstan’s Energy Ministry. The country is also considering the […]

Tajikistan
Exports

Tajikistan And Turkmenistan Spearhead Transcontinental Transport Corridor

June 19, 2023 Mariel Alumit

Tajikistan and Turkmenistan are collaborating on the creation of a transport corridor that will connect Asia and Europe. The proposed transport corridor is expected to enhance both countries’ strategic significance, providing a vital link for […]

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