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Topic: Crescent Petroleum

Dana Gas to revisit international share listing

Gas is flared off at an Iraqi field. Dana Gas was one of the first companies to brave the uncertainties of operating in the Kurdish region of Iraq. Essam Al-Sudani / AFP

May 06, 2013

Dana Gas is reviving plans for an international listing after refinancing a troublesome bond and boosting its earnings. Read Article Dana Gas to revisit international share listing

Oil frontier in Iraq loses its allure

Erbil and Baghdad are locked in a dispute over Kurdish ambitions to grow its hydrocarbon sector. Ali Al-Saadi / AFP

Dec 06, 2012

The Kurdish region has begun to lose some its allure within the oil industry as the dispute over energy autonomy between Baghdad and Erbil rumbles on. Read Article Oil frontier in Iraq loses its allure

Dana Gas receives welcome boost with $50m Iraq payment

Above, a Dana Gas plant in the Kurdistan region of Iraq. Dana is currently in negotiations with creditors over the restructuring over its $1 billion sukuk. Reuters / Dana Gas

Dec 05, 2012

Dana Gas's finances were given a shot in the arm this week as the company received payments worth nearly $50 million for gas produced in the Kurdistan region of Iraq. Read Article Dana Gas receives welcome boost with $50m Iraq payment

Dana Gas rebounds despite missed bond deadline

Nov 01, 2012

Abu Dhabi-listed shares jump by 4.8 per cent, as sources close to the company say a standstill agreement is in place over sukuk. Read Article Dana Gas rebounds despite missed bond deadline

 

Dana shares plunge as sukuk deadline passes

Nov 01, 2012

It goes down to the wire, as Dana Gas reaches a $920m sukuk maturity deadline - but all parties are still in talks. Read Article Dana shares plunge as sukuk deadline passes

 

Arab roots a boon in Crescent Petroleum expansion

Crescent Petroleum is renewing talks with Egypt to create an industrial cluster and is feeling out opportunities in Libya to take over concessions left behind by other foreign investors. Jeff Topping / The National

Oct 30, 2012

Crescent Petroleum is planning an entrance into Libya and post-Arab Spring nations. Read Article Arab roots a boon in Crescent Petroleum expansion

 

Crescent will not bail out Dana Gas

Dana Gas's problems stem from operations in Egypt and Iraqi Kurdistan, where a political dispute between Baghdad and Erbil have prevented regular payments for production. Wam

Oct 30, 2012

Dana Gas' biggest investor has definitely ruled out a bailout days before a US$920 bond matures. Read Article Crescent will not bail out Dana Gas

 

Oil deal between Baghdad and Erbil could spell big windfall

Sep 20, 2012

A breakthrough deal between Baghdad and Erbil will allow UAE companies with assets in Kurdistan to cash in. Read Article Oil deal between Baghdad and Erbil could spell big windfall

 

Sukuk deal speculation lifts Dana Gas

Badr Jafar, the president of Crescent Petroleum, says Dana Gas reached a resolution with investors over the repayment of a US$1 billion sukuk due next month. Antonie Robertson/ The National

Sep 20, 2012

Dana Gas surged the most in almost six months after the company's biggest shareholder said he was optimistic that a resolution with investors could be reached over the repayment of a US$1 billion sukuk due next month. Read Article Sukuk deal speculation lifts Dana Gas

 

Dana Gas wins confidence of major shareholder in sukuk talks

Sep 19, 2012

Dana Gas, the Sharjah producer, is making progress on renegotiating a US$920 million sukuk due next month and could soon begin receiving payments from regional concessions, said a top shareholder. Read Article Dana Gas wins confidence of major shareholder in sukuk talks

 

Consortium sets higher target for Kurdistan gas

Dubai, United Arab Emirates- November 20, 2011: Majid Jafar, Chief Executive, Crescent Petroleum gestures during the interview in Dubai . ( Satish Kumar / The National ) For Business

Nov 22, 2011

Crescent Petroleum, the family-controlled oil company based in Sharjah, has carved out a niche operating the only commercial gasfields in Iraqi Kurdistan, and it wants to do more. Read Article Consortium sets higher target for Kurdistan gas

 

Iraq gives go-ahead to Kurdish oil contracts

Dec 26, 2010

Oil exports from Kurdistan to restart following agreement with Baghdad to end long dispute over resources jurisdiction. Read Article Iraq gives go-ahead to Kurdish oil contracts

 

Magnate with more in sight than oil in his homeland, Iraq

Sep 04, 2010

From its base in Sharjah, the Crescent Petroleum empire is quietly doing major work as part of the rebuilding of the oil and gas sector in the country where Hamid Jafar, the family's patriarch, was born. Read Article Magnate with more in sight than oil in his homeland, Iraq

 

More on this topic

Editor's Picks

Mental illness or just personality traits?

An executive yells at his staff - the guide could classify him as suffering from a personality disorder. Tim Pannell / Corbis

It is the manual for many US psychiatrists and the latest edition is out this week. Yet the DSM-5 is already under attack for listing as mental disorders what others regard as just personality traits.   Mental illness or just personality traits?

Constantine, the most beautiful city you've never heard of

Famous for its dramatic bridges, the eastern Algerian city of Constantine has been selected as the 'Arab Capital of Culture' for 2015. Photo: Lindsay Mackenzie for the National.

Most people don't know anything about the Algerian city selected by the Arab League's cultural arm to be the capital of Arab culture in 2015.  Constantine, the most beautiful city you've never heard of

Hollioake not short on confidence ahead of Fighting Chance

Surrey and England cricketer Adam Hollioake lifts a set of dumbbells at The Oval cricket ground in London on September 3, 2003 to promote his forthcoming 2,000 mile trip from Edinburgh to Tangiers. [The trip is due to begin on October 3, 2003 where he will walk, sail and cycle to raise five million pounds ($7,842,000 ) for the Ben Hollioke Memorial Fund which is aiming to build a centre for the CHASE Children's Hospice Service. Adam's brother Ben, a young England and Surrey cricketer who at the age of 19 wa

Former England cricket captain Adam Hollioake has morphed into a cage fighter and wants to show off his new boxing skills against Carlos Spencer at Fighting Chance Dubai.  Hollioake not short on confidence ahead of Fighting Chance

Tamil refugees sheltering in UAE granted asylum in the USA and Europe

Eleven of the Tamil refugees at Dubai International Airport before flying to the US last month. They were among a group of 46 Sri Lankan refugees, who were resettled in the US with the help of UNHCR. (Photo-Courtesy Red Crescent Authority.) FOR PREETI KANNAN STORY

Two of the four refugees will begin new lives in the USA, with the others moving to Sweden and Finland.  Tamil refugees sheltering in UAE granted asylum in the USA and Europe

Can’t you beam me up, Scotty?

Anton Yelchin stars as the USS Enterprise communications officer, Pavel Chekov, in the latest film, Star Trek Into Darkness. Photo courtesy of Paramount

Star Trek's technological feats are ahead of the times - dreamt up almost half a century ago, much of its technology is today a reality.  Can’t you beam me up, Scotty?

In pictures: Eurovision Song Contest 2013

Action from Malmo and last night's Eurovision Song Contest.

Action from Malmo and last night's Eurovision Song Contest.  In pictures: Eurovision Song Contest 2013

Turkey tightens Blue Mosque dress code

A foreign tourist dons a head covering as she visits the Blue Mosque in Istanbul, Trueky.Kerem Uzel for The National

Istanbul's famous mosque tries to strike balance between religion and tourism money by providing tourists with coverings. Thomas Seibert reports   Turkey tightens Blue Mosque dress code

Sound & Vision

Video: Talking Shehhi – a dialect from RAK's mountain tribes

Video: Talking Shehhi – a dialect from RAK's mountain tribes(Video)

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Video: Tracing UAE families through genealogy

Video: tracing UAE families through genealogy(Video)

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In pictures: Swarovski studded tub

The Swarovski Crystal Saracen bath from Catchpole & Rye.(Photos)

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In pictures: Maldives a piece of heaven on earth

Maldives a piece of heaven on earth(Photos)

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In pictures: Sir Bu Nair Island

Sir Bu Nair Island in charge of Sharjah government. One of the UAE’s untouched, natural islands is to be partially developed under new plans by Sharjah to promote eco-tourism.(Photos)

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