Caspian Pipeline Consortium

The Caspian Pipeline Consortium (CPC) is an international oil pipeline consortium that includes major companies such as Chevron and ExxonMobil. It operates a pipeline that transports crude oil from the Caspian Sea region to the Black Sea, playing a crucial role in the global oil market. Recently, it was in the news for condemning drone attacks on oil tankers in the Black Sea, labeling the incidents as 'terrorist attacks' amid rising tensions surrounding the conflict in Ukraine.