News

'Gulf News' Interview with Majid Jafar, CEO of Crescent Petroleum

30 June 11 International arbitration sought by Crescent Petroleum, the multi-billion dollar Sharjah-based diversified upstream energy exploration company, agaisnst the National Iranian Oil Company (NIOC) for losses incurred by its failure to supply to Sharjah the amounts of gas agreed upon, is expected to be resolved in February 2012

Badr Jafar, Executive Director of Crescent Petroleum and Co-Initiator of the Pearl Initiative, has been awarded with the honour of Young Global Leader (YGL) with the World Economic Forum

Sharjah's Crescent Group has expanded its ties with Russia through an alliance with the country's biggest power company

Crescent Petroleum and affiliate Dana Gas have reached a production and processing capacity of 200 million cubic feet of gas per day in Iraq's Kurdistan region

UAE-based conglomerate the Crescent Group has joined forces with the United Nations to launch a new initiative designed to promote transparency and accountability in the Middle East, it was announced in New York on Monday

The privately held oil and gas company said it took part in a round table discussion in Moscow on Saturday hosted by Vladimir Putin, the Russian prime minister

Crescent Petroleum's Executive Director tells MME about the significance of Russia's largest oil producer expanding its presence in the Middle East

Crescent Petroleum, the Middle East's leading private oil and gas company and Rosneft Oil Company, Russia's leading oil company, today announced the signing of a Farm-Out agreement for the Sharjah Onshore Concession

A partnership between Sharjah-based Crescent Petroleum and Russia's Rosneft Oil Company commenced drilling Saturday on the first of four possible wells for natural gas in the Sharjah Onshore Concession (SOC) near Al Madam with an initial outlay of Dh220 million