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Crescent Petroleum

Crescent Petroleum latest

Majid Jafar, CEO of Crescent Petroleum
September 9th, 2019 - 11:40 GMT

Natural Gas Is More Important Than Ever to the Growth of Mena Economies

The future of Middle East economies lies in natural gas, Majid Jafar, CEO of Crescent Petroleum, told an audience of energy ministers and industry leaders gathered in Abu Dhabi for the World Energy Congress on Monday. Mr. Jafar, who leads the Middle East's first and largest private upstream company and serves as Board Managing Director of Dana Gas, made his comments in a special session entitled “The role of gas in the transition to a lower carbon economy in the MENA region” on day one of the four-day World Energy ...
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The contract provides for the UAE to import some 600 million cubic feet per day of Iranian gas, though the actual amount will depend on many factors and may only become clear in coming months.
August 11th, 2014 - 07:03 GMT

It's valid and binding: Dana Gas wins favorable ruling against Iranian company

MENA's energy subsidies account for half of the global total at $237 billion annually (Courtesy of Arabian Oil and Gas)
November 24th, 2013 - 09:07 GMT

The future of the Middle East economy: will energy subsidies' short-term gains outweigh projected inefficiencies?

Do energy subsidies stifle innovation and hurt society in the long run?
November 18th, 2013 - 07:24 GMT

The unintended consequences of energy subsidies

Photo used for illustrative purposes (Source: Wikimedia)
June 30th, 2013 - 01:22 GMT

Stone Energy contracted to buy 2 drilling rigs in Iraq

Infrastructure investment and reform of labour markets and education systems will all be needed to tackle the issue
June 11th, 2013 - 10:22 GMT

Youth unemployment rates in the MENA Region are the highest globally

Despite defaulting on an Islamic bond last year, Dana Gas, has posted a 20 per cent rise in profits
February 4th, 2013 - 12:06 GMT

Dana Gas posts profits despite default

UAE-based Dana gas has issued a debt restructuring programme that will see the amount owed reduced by $70million to $850 million
December 17th, 2012 - 12:40 GMT

UAE: Dana Gas restructures Islamic debt

Crescent Petroleum is set to expand its operations in Libya and Lebanon
November 20th, 2012 - 03:00 GMT

UAE company to enter Lebanon and Libya's oil game

Many Iranian lawmakers have called for an immediate ban on oil exports to the EU before its ban goes into effect in July
January 30th, 2012 - 10:29 GMT

Iran: Oil to reach $150 a barrel

Oil
October 17th, 2010 - 09:37 GMT

Russia and Middle East control 63% of world oil and gas reserves and 39% of world oil and gas production

Rosneft
June 6th, 2010 - 07:12 GMT

Rosneft Joins Crescent Petroleum in Sharjah Concession

Al Bawaba
March 29th, 2010 - 07:58 GMT

Middle East Gas Sector Needs Further Investment to Fulfil Potential

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