Global Energy Initiative: Key role for Crescent Petroleum CEO



JEDDAH: ARAB NEWS

Published — Wednesday 4 September 2013

Last update 4 September 2013 3:33 am

| نسخة PDF Print News | A A

Majid Jafar, CEO of Crescent Petroleum, described as the Middle East’s oldest private oil and gas company, and vice chairman of the Crescent Group of companies, has been elected deputy chairman of the Global Energy Initiative (GEI), a major international not-for-profit organization with the mission of promoting sustainable energy for all to fight energy poverty, protect the environment, and mitigate the effects of climate change.
Headquartered at UN Plaza in New York, the GEI aims to tackle the issue of energy poverty in the poorest countries of the world, and has as its mission to create “a new energy paradigm that will contribute to more equitable economic and social development — to the benefit of humanity in general — and to the developing and least developed countries in particular.”
Majid Jafar, who is also MD of the board of Dana Gas PJSC and a board member of the Sharjah Chamber of Commerce, was elected deputy chairman of the GEI by the board of directors of the international organization, which includes former ministers and UN officials, leading academics, experts and corporate CEOs.
According to Jafar, one of the most important elements of GEI’s work is its dedication to the broader principles and guidelines adopted by the UN for achieving the sustainable development goals (SDGs), which will contribute to the success of “2014-2024: The Decade of Sustainable Energy for All” — a historical effort by the international community to fight energy poverty and strengthen global energy security, while protecting the environment and mitigating the effects of climate change.

Majid Jafar, CEO of Crescent Petroleum and deputy chairman of the GEI, said: “Like food, shelter, and medicine, access to affordable energy for all people must be viewed as an international objective that will require cooperation and coordination on a global scale to achieve in a sustainable manner that encourages development.”
Among its other activities, the GEI will be hosting the Global Conference on Energy Sustainability and Security at UN Headquarters in New York on Dec. 11 and 12, in partnership with governments from across the world.
The conference will help to establish the vision, priorities, and action plans necessary for creating a new global sustainable energy paradigm that will contribute to more equitable economic and social development, benefiting all nations and people, strengthening the role of public-private partnerships, and promoting understanding between developed and developing countries on energy policies, technology transfer, and sharing best practices.

What's happening around Saudi Arabia

RIYADH: Custodian of the Two Holy Mosques King Salman briefed the Cabinet, on Monday, about the message he sent to the Kuwaiti emir and the messages he received from the Moroccan king and the Qatari emir.The king also spoke about the outcome of his m...
RIYADH: The Eastern Mediterranean Office (EMRO) of the World Health Organization (WHO) on Monday announced that the region is considered a Zika virus-free zone.Dr. Alaa Alwan, the regional director of EMRO, said that it does not mean that Middle East...
JEDDAH: The Saudi Health Council is working to establish an electronic system to prevent manipulation of sick leave holidays.Dr. Yaqoob Al-Mazrouh, secretary-general of the council, disclosed this during a seminar on Sunday. He did not elaborate on h...
RIYADH: Specialized Clinics Arabia (SCA) treated a total of 9,220 Syrians at the Zaatari Refugee Camp in Jordan during the month of January 2016, according to Dr. Hamid Mufalana, SCA medical director.“Many of the patients were children who were given...
JEDDAH: The Jeddah police have solved the mystery surrounding the thrashing of a man by another, the video clip of which had gone viral.It was a Herculean task for the police to search for the victim, who had not bothered to lodge any complaint. The...
JEDDAH: The Cutoms Department at Yanbu’s Prince Abdul Mohsen bin Abdul Aziz Airport recently foiled an attempt to smuggle 64,165 Captagon pills found hidden in four boxes.Saad Al-Buqami, director-general of Customs at the Airport, said: “During our c...
AL-AHSA: Plans are afoot to turn the Al-Ahsa dates festival into an international event by adopting top standards in the manufacture, packaging and marketing of the product, Adel Al-Mulhim, the general supervisor of the festival, has said.Speaking du...
RIYADH: A gang comprising two women and youth has been arrested for allegedly looting cash from pharmacies and snatching women’s handbags in malls.Col. Fawaz bin Jameel Al-Maiman, police media spokesman of the Riyadh region, said the arrests were mad...
RIYADH: Riyadh Gov. Prince Faisal bin Bandar on Sunday called for conservation of water and electricity, even as the Water and Electricity minister said Saudi Arabia will need an investment of SR500 billion for power projects over the next 10 years t...
RIYADH: More than 200,000 people accused of various crimes were investigated by the Bureau of Investigation and Public Prosecution (BIPP) in the financial year of 1435-1436 A.H.Among the 218,000 who were investigated, around 30 percent or 65,000 were...
RIYADH: Thousands of Saudis have visited the German pavilion at the Janadriyah festival since it was opened by Custodian of the Two Holy Mosques King Salman last week, in the presence of German Foreign Minister Frank-Walter Steinmeier and German Amba...
DAMMAM: The cold wave in many parts of the Kingdom over the last week caused a decline of between 30 percent and 50 percent in farm production. This decline in turn drove prices of agricultural products at wholesale markets up by 30 percent.Farmers s...
RIYADH: The Ministry of Commerce and Industry warned on Monday that heating devices should have a voltage of 220 volts with a capacity not exceeding 2,500 watts.The announcement was made when MCI inspectors seized more than 3,000 substandard heating...
ALKHOBAR: Nearly 100 leading figures in the government and private institutions have completed training programs specializing in integrity and anti-corruption provided by the Saafah Foundation for Good Example in Riyadh, Jeddah and Alkhobar.The secre...
JEDDAH: Iraqi authorities executed in Baghdad on Sunday a Saudi prisoner, Abdullah Azam Al-Qahtani, 35, on charges described by his family as fabricated.Al-Qahtani had spent almost 13 years in the Iraqi prisons.Rumors about the execution of Al-Qahtan...

Stay Connected

Facebook