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Global Warning: Energy Industry Exhorted to Address Climate Change

Majid Jafar, chief executive officer of Crescent Petroleum; Younghoo David Kim, chairman and CEO of Daesung Energy Group and chair of the World Energy Council; Meg Gentle, CEO of Tellurian Inc.; Hunter L. Hunt, chairman and CEO of Hunt Consolidated Energy; and Ayman Asfari, CEO of Petrofac discussed the energy industry’s response to climate change and other major trends facing the sector in 2018 at the Atlantic Council’s Global Energy Forum in Abu Dhabi on January 12.

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Crescent Petroleum and Dana Gas support healthcare centre for IDPs

Crescent Petroleum’s CEO Majid Jafar said: “At Crescent Petroleum, we aim to empower local communities by not only providing energy solutions to fuel their development, but also by responding to their social and economic needs. Internally displaced people (IDPs) are among the world’s most vulnerable populations but they are often overlooked by international relief efforts, and we are committed and honoured to assist their healthcare needs in partnership with AMAR Foundation.”

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KRG and Pearl consortium reach full and final settlement

Settlement Agreement between Kurdistan Regional Government of Iraq (the “KRG”) and (i) Dana Gas PJSC; (ii) Crescent Petroleum Company International Limited; and (iii) Pearl Petroleum Company Limited (“Pearl”); together (the “Consortium”) The KRG and the Consortium, together (the “Parties”), signed a Heads of Agreement on Khor Mor and Chemchemal fields on 4 April 2007 (the [...]

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