Crescent Petroleum
Crescent News

22 August 10
Putin hosts round table with Crescent
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. .........more


22 July 10
Crescent exec calls for greater private role
As the oil and gas supply challenge mounts, a disconnect between state companies and private companies is threatening output growth. A new form of private-state partnership is needed to bridge this gap, Badr Jafar, executive director of Crescent Petroleum Group, explains. .........more


06 June 10
Drilling starts at SOC field
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. .........more


05 June 10
Rosneft joins Crescent Petroleum in Sharjah concession
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. .........more


19 May 10
Crescent Petroleum and Rosneft Oil Company sign Signifciant Strategic Cooperation Agreement
Crescent Petroleum, the Middle Easts longest established private petroleum company, today announced the signing of a Strategic Cooperation Agreement with Rosneft Oil Company, Russias leading oil producer and marketer of hydrocarbon products. The Agreement was signed in Moscow between Badr Jafar, Executive Director .........more


2 May 10
Natural gas as a fuel of choice
The competitiveness of natural gas is improving as new opportunities for production open up and contract terms improve. With 650,000 tonnes/year of new LNG gas exports expected to begin flowing from Qatar to Dubai soon, is this shift already beginning to boost gas role in the Gulf region? .........more


29 March 10
Crescent sponsors the 14th Annual Middle East Gas (MEGAS) Summit
Majid Jafar, Executive Director of Crescent Petroleum and a Member of the Board of Dana Gas PJSC, was speaking at the first day of the 14th annual Middle East Gas (MEGAS) Summit, taking place at the Radisson Blu Hotel on Yas Island, Abu Dhabi .........more


03 December 09
'The National' interview with Badr Jafar
At age 30, when most men are early in the arc of their careers, Badr Jafar has found himself atop a family business empire that stretches from oil and gas to aviation, mining, shipping, health care and private equity. ........more


12 November 09
Making the case for gas market liberalisation
Badr Jafar, executive director of Crescent Petroleum and CEO of Crescent Investments told Utilities Middle East that the low regional price for gas, a feedstock for cheap electricity, is no longer economically sound ........more


09 November 09
Arbitration panel to settle Crescent-NIOC gas dispute
An international arbitration tribunal has been formed to settle a longstanding dispute over a gas deal between the UAE and Iran, a spokesman from the UAE-based Crescent Petroleum told Reuters on Sunday. ........more


04 November 09
Crescent rising
Badr Jafar, executive director of Crescent Petroleum, speaks candidly about Iraq, the need for gas liberalisation, and arbitration with Iran’s national oil company. ........more


30 October 09
Gascities to boost energy sector - Gulf News interview with Badr Jafar
Gascities, is planning to invest between $2 to $3 billion (Dh10.8 billion) each in a number of energy clusters, under the ‘Gas City' branding, which in turn could attract potentially up to $30-$40 billion in third-party investment ........more


29 September 09
Crescent Petroleum executive wins CEO award
Badr Jafar, the executive director of the Sharjah-based Crescent Petroleum has been recognised as the young CEO of the year at the CEO Middle East magazine awards held at Dubai’s Grosvenor House hotel last night. ........more


09 September 09
GASCITIES LLC launches ‘Yemen Gas City' in the presence of H.E. Yemeni Prime Minister
GASCITIES Ltd, a joint venture company established between Dana Gas PJSC and Crescent Petroleum for the express purpose of introducing and developing a unique ‘Gas City’ concept, today announced that it has reached an agreement ........more


16 July 09
Crescent Seeks Arbitration on Gas Supply Deal with Iran
Crescent Petroleum is seeking international arbitration for the failure of Iran’s state oil firm to fulfil a gas export contract, Crescent said in a statement on Wednesday. ........more


30 May 09
Sharjah Chamber of Commerce and Industry to host the Emirates - Iraq Business Forum
Under the patronage of His Highness Dr Sheikh Sultan bin Mohammed Al Qassimi, Member of the UAE Supreme Council and Ruler of Sharjah, the Sharjah Chamber of Commerce and Industry (SCCI) is hosting the Emirates-Iraq Business Forum ........more


18 May 09
Crescent Petroleum and Dana Gas express confidence in Nabucco deal
The $8 billion (Dh29.36 billion) energy deal promoted by UAE-based upstream energy explorers Dana Gas and Crescent Petroleum bringing in two European rivals - Hungary's MOL and Austria's OMV - has raised ........more


16 May 09
MOL and OMV join Crescent and Dana Gas in Kurdistan region of Iraq
Crescent Petroleum and Dana Gas PJSC are pleased to announce strategic partnership agreements with OMV, Austria's largest listed industrial company and MOL Hungarian Oil and Gas Company, Hungary's largest listed ........more


24 April 09
Free-market key to Sharjah's growth - 'Emirates Business 24/7' interview with Majid Jafar
Eton and Harvard-educated, Majid Jafar could have gone on to reach the pinnacle of success on Wall Street or the City of London – maybe even both. Yet, his roots are deeply implanted in the UAE, both in terms of culture and family.  .......more


15 April 09
Crescent awaits Iran reply on new gas price
Crescent Petroleum is awaiting a response from Iran's oil ministry on its proposed price hike on a gas export deal, the semi-official Fars news agency. ........more


19 February 09
Gas City in Egypt
Crescent Petroleum and Dana Gas, on Tuesday announced the development of Egypt Gas City, jointly with the Egyptian government. ........more


03 November 08
UAE's Crescent, Dana eye 4 gas cities
The UAE's Crescent Petroleum and affiliate Dana Gas are planning to set up at least four gas cities in the Middle East and North Africa region as it seeks to tap growing demand for hydrocarbons. .......more


10 October 08
Crescent enters negotiations with provinces over gas cities
The UAE's Crescent Petroleum is in talks with provincial authorities in Iraq to replicate the gas city it set up in norther Iraq, with further cities to be established in the southern region of Basra and Al-Anbar in the west .......more


04 October 08
Crescent Petroleum and Dana Gas announce the start-up of First Gas in Kurdistan Region of Iraq
Crescent Petroleum and Dana Gas announce the start-up of natural gas production, processing and transportation by pipeline in their major joint project in the Kurdistan Region of Iraq .......more


18 August 08
Crescent Petroleum-Dana Gas Community Action Program
Under Crescent Petroleum-Dana Gas Community Action Program & with the cooperation of Rebaz foundation, a caravan was handed over to Grdasoor-Quashtapa area to be used as a health center .......more


15 August 08
Turkerler and Crescent form Iraq gas venture
The Turkish energy company Turkerler and United Arab Emirates-based Crescent Petroleum have formed a joint venture to export Iraqi gas, the companies said in a statement today. .......more


05 August 08
Crescent Petroleum and AMAR Foundation to launch development centre in Southern Iraq
Crescent Petroleum has announced the signing of a Memorandum of Understanding (MoU) with the AMAR International Charitable Foundation for cooperation to support capacity-building and local communities in Iraq........more


29 July 08
Crescent Petroleum and Dana Gas announce establishment of 461 million square feet site for Kurdistan Gas City
Gas Cities LLC, a joint venture between Crescent Petroleum and its partner Dana Gas PJSC, the Middle East's first and largest regional private-sector natural gas company, announced today that . .......more


24 July 08
Crescent project nears completion
A project to supply, process, and transport natural gas to Kurdistan Region for much-needed and more affordable electricity is rapidly progressing. .......more


04 July 08
Iraq gas fields on stream early August : Crescent
Crescent Petroleum, along with its affiliate Dana Gas, will start producing gas from northern-Iraq's Kurdistan fields in early August, a company executive said yesterday. .......more


24 June 08
Crescent Petroleum signs cooperation agreement with Reliance
Crescent Petroleum announced today the signing of a cooperation agreement with Reliance Exploration and Production (Reliance E&P), a wholly-owned subsidiary of Reliance Industries Limited (RIL), India’s largest private sector conglomerate. .......more


21 June 08
Crescent import of Iran gas imminent
Crescent Petroleum expects to start importing gas from Iran's offshore Salman Field in three months, the UAE company's chairman said today .......more


10 June 08
Crescent charters world's largest aircraft to Iraq
Crescent Petroleum, in partnership with Dana Gas, has chartered the world's largest aircraft, the Antonov 124 (An-124), to transport a large load .......more


28 May 08
Interview with Majid Jafar
Majid Jafar, executive director of Crescent Petroleum, talks to UPI about its plans for Iraq's oil and gas sector. .......more


18 May 08
‘Positive’ talks on UAE-Iran gas line
A stalled project to import Iranian gas to the UAE appeared to move towards the starting gate yesterday with new signs that a protracted .......more


18 May 08
Iran says talks with Crescent positive
Iran said its latest talks with UAE's Crescent Petroleum over a long-running price dispute were "very positive", an Iranian news agency .......more


13 April 08
Iran-Crescent gas project operational by mid 2008: official
Operations for the export of Iran's gas to the UAE based on Iran - Crescent Petroleum will be kicked off in 3-4 next months, ISNA quoted  .......more


30 March 08
Crescent Petroleum sponsors Iraqi universities at Global Education Conference in London
Crescent Petroleum has sponsored three leading Iraqi universities to attend the GetEnergy 2008 Global Education and Networking Event, held in London this year, on 26-28 March. .......more


03 March 08
Dana Gas Project in Iraqi Kurdistan over 70% Complete
Dana Gas, the Middle East's first and largest regional private sector natural gas company, has announced that its project in the Kurdistan Region of Iraq to supply .......more


03 March 08
Dana Gas to supply gas to Iraq Kurds from mid-2008
UAE-based Dana Gas DANA.AD will begin supplying gas to the Kurdish region from a field in northern Iraq by mid-year, six months later than first planned, Dana said on Sunday. .......more


25 February 08
Crescent Petroleum and Sharjah government sign major deal
HH Sheikh Dr Sultan bin Mohamed Al-Qassimi, Supreme Council Member and Ruler of Sharjah, signed on Sunday an exploration and production agreement with Hamid Jafar, Chairman of the Crescent Petroleum Co.     .......more


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