Following the failure of the coastal states' meeting to reach a consensus on dividing energy-rich seabed, Iran made it clear that it would prevent any oil exploration by other countries in a sector
The endangered Caspian Sea may just get a new lease of life: 5 countries ringing the sea - Russia, Kazakhstan, Azerbaijan, Turkmenistan and Iran - have jointly decided to draw up an
The Caspian region is one of the oldest hydrocarbon producing areas in the world, and is emerging once again as a major source of growth in global oil and gas supply.
