BAKU, Azerbaijan, June 4 (UPI) -- International ministers kicked off a two-day oil and gas conference in Azerbaijan Wednesday on the exploration of reserves from Caspian Sea nations.

Azerbaijan officials blame BP for gas field delays; Chevron Corp. announced plans to spend big money on African oil; Untapped North Sea oil reserves could far exceed industry estimates.

WASHINGTON, April 1 (UPI) -- Two reports published on Mar. 29 revealed that an investigation into BP's Baku-Tbilisi-Ceyhan pipeline alleges human rights abuses. British taxpayers have funde

WASHINGTON, March 1 (UPI) -- According to Russia's Finance Minister Alexei Kudrin, the country's state-owned Vneshekonombank may have assisted in funding part of the controversial purchase

WASHINGTON, Conn., Jan. 11 (UPI) -- According to the general director of the state-run oil company AO Gruzneft Guram Varshalomidze, Georgia plans to increase oil production to 150,000-300,000 tons

WASHINGTON, June 29 (UPI) -- Why is a major oil pipeline in Europe still empty nearly three years after it was built?