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CNN's John Defterios interviews Majid Jafar, CEO of Crescent Petroleum, for Market Place Middle East

Sharjah-headquartered Crescent Petroleum is the oldest privately-owned independent petroleum company in the Middle East, in a region dominated by national oil companies (NOCs) and global oil majors

While attending the Doha Energy Forum, Crescent's CEO Majid Jafar speaks to Al Jazeera International about the impact of the economic downturn

Crescent Petroleum's President Badr Jafar in Oil & Gas Middle East magazine interview

The world’s energy demand is growing with increasing population and rapid development in emerging markets. Today, about 1.1 billion people in the ‘developed’ world, consume 110 million barrels of oil equivalent per day (boe/d) in primary energy. The developing world’s 5.8 billion people consume 140 million boe/d

HH Sheikh Sultan bin Mohammed bin Sultan Al-Qasimi, Crown Prince and Deputy Ruler of Sharjah, opens the new Crescent House offices in Sharjah accompanied by local officials and in the presence Mr. Hamid Jafar, Mr. Majid Jafar, Mr. Badr Jafar, and Ms. Razan Jafar

Considered an early mover as well as a longstanding solid contributor to the development of Iraq’s energy infrastructure, Crescent Petroleum’s investment in the Kurdistan Region’s Khor Mor field is significant evidence of the country’s booming gas potential

Hampered by broken promises, unfulfilled potential and worsening governance, 10 years on from the US-led invasion, Iraq has failed to live up to its promise

Crescent Group, a UAE-based firm with diversified business interests in the energy and non-energy sector, has announced plans to boost its Russian operations with the closing of two major investment deals in the country

Majid Jafar, CEO of Crescent Petroleum, tells CNBC that a general sense of instability post the Arab Spring has already been factored in to the oil price but there has been no direct impact from the Algerian hostage attack