The energy transition requires policies that prioritise resilience as well as carbon emissions, Crescent Petroleum CEO tells industry leaders

The energy transition requires policies that prioritise resilience as well as carbon emissions, Crescent Petroleum CEO tells industry leaders

Sharjah, United Arab Emirates— The geopolitical conflicts and energy supply crises impacting world economies have underscored the need for greater resilience in energy supply and the need for smarter carbon transition policy, Majid Jafar, the CEO of Crescent Petroleum, told industry and policy leaders gathered for the Atlantic Council Global Energy Forum in Dubai on Monday. Jafar, who leads the Middle East’s oldest private upstream oil & gas company, told an audience of senior industry leaders and policymakers that lasting progress on carbon emissions requires policies that fit the needs…

The world needs smarter policies for the carbon transition to succeed, Crescent Petroleum CEO tells Abu Dhabi Sustainability Week panel.

The world needs smarter policies for the carbon transition to succeed, Crescent Petroleum CEO tells Abu Dhabi Sustainability Week panel.

Sharjah, United Arab Emirates (AETOSWire) — The energy supply crunch in Europe, Asia and the US this past year has underscored the need for smarter carbon-transition policy, Majid Jafar, the CEO of Crescent Petroleum, the oldest private oil & gas company in the Middle East, told industry and policy leaders gathered for a virtual panel at Abu Dhabi Sustainability Week. To make lasting progress, carbon transition policy must be tailored to each country’s needs and dynamics while addressing the limitations of renewable energy like intermittency and lack of storage. “Any…

Dana Gas & Crescent Petroleum achieve 50% gas production growth in KRI over past 3 years

Dana Gas & Crescent Petroleum achieve 50% gas production growth in KRI over past 3 years

Sharjah, United Arab Emirates– (AETOSWire) : Dana Gas, the Middle East’s leading publicly listed regional natural gas company, and its partner, Crescent Petroleum, the oldest private oil & gas company in the Middle East, have reported record sales gas production from their operations in the Kurdistan Region of Iraq (KRI), reaching 452 million cubic feet of gas per day (MMscf/d) at the end of 2020. The production milestone is the culmination of numerous process improvements at the Khor Mor gas plant, including a bypass project completed in 2020 as well…

Dana Gas and Crescent Petroleum Resume Khor Mor Expansion Project

Dana Gas and Crescent Petroleum Resume Khor Mor Expansion Project

Sharjah, United Arab Emirates, -(AETOSWire): Dana Gas, the Middle East’s leading publicly listed regional natural gas company, and its partner Crescent Petroleum, the oldest private oil & gas company in the Middle East, have announced the full resumption of the expansion project at the Khor Mor field in the Kurdistan Region of Iraq (KRI), which the companies jointly operate on behalf of the Pearl Petroleum consortium. The KM250 expansion involves further investment of US$600 million to add 250 million cubic feet per day of much-needed additional gas production to supply…

Investing in impact enterprises a solid business model for our times , experts opine at SEF 2020 inaugural discussions 

في جلستين حواريتين خلال فعاليات اليوم الأول من مهرجان الشارقة لريادة الأعمال

4th annual Sharjah Entrepreneurship Festival convenes leading innovators from around the world at two riveting panel sessions The fourth edition of the fully virtual Sharjah Entrepreneurship Festival (SEF) organised by the Sharjah Entrepreneurship Center (Sheraa) opened on December 6, Sunday, with two powerful discussions, which have impressed upon the need for investing in the next generation of impact entrepreneurs. Everyone can be a changemaker Titled ‘The Butterfly Effect: How Everyone can be a Changemaker’, the first discussion of the day saw the participation of a distinguished panel featuring Muhammad Yunus, Nobel…

Crescent Petroleum and Edraak Launch Work Skills Online Courses That Aim To Reach 500,000 Youth in the Region

Online courses in English literacy, digital literacy, and business essentials to serve young people preparing to enter the workforce Programme will support UAE government initiatives to create new opportunities for Emirati youth in UAE English component to leverage expertise of the British Council Dubai, United Arab Emirates,  (AETOSWire): Crescent Petroleum, the first and largest private oil and gas company in the Middle East, has partnered with Edraak, the Arab World’s leading platform for Massive Open Online Courses (MOOCs), to develop a series of open and free online career readiness courses…

Crescent Petroleum Signs MoU to Sponsor Special Olympics

Sharjah, United Arab Emirates, January 20, 2019, (AETOSWire) — Crescent Petroleum, the Middle East’s first and largest private exploration and production company, has signed a memorandum of understanding (MoU) with the Local Organizing Committee (LOC) for Special Olympics World Games Abu Dhabi 2019 to sponsor the World Games taking place 14-21 March, underscoring its commitment to empowering people of determination and encouraging their inclusion in all aspects of life in line with the Year of Tolerance. Crescent Petroleum is an Official Supporter of the Games, an has committed to provide…