Sharjah-based oil and gas company Crescent Petroleum has committed to eliminate methane emissions from its operations by the end of this decade as part of its carbon neutrality goals.
The private-sector oil and gas exploration business has reduced carbon intensity in its operations to the lowest levels in the Middle East and North Africa region, it said on Thursday.
Crescent’s carbon intensity has dropped to 6kg of carbon dioxide equivalent per barrel of oil equivalent, which is one-third of the global industry average.
It has also offset the remaining emissions to maintain the company’s carbon neutrality for a third year.
The company has significantly cut total flares and leakages of methane from 2021 levels and has also reduced hazardous waste by 90 per cent, it said in a statement.
“Our commitment to carbon neutrality and zero methane emissions builds on continuous improvements in our sustainability efforts in the UAE’s Year of Sustainability,” said Crescent Petroleum chief executive Majid Jafar.
Crescent Petroleum has also become a signatory to the Aiming for Zero Methane Emissions project of the Oil and Gas Climate Initiative, which aims to eliminate the hydrocarbons industry’s methane footprint by the end of this decade.
Methane emissions are responsible for 30 per cent of greenhouse gas emissions but methane has more than 25 times the impact on climate change than carbon dioxide.
Cuts in methane emissions can have a larger impact on reducing the emissions that cause global warming and are a top priority for the oil and gas sector.
Crescent Petroleum began a “fugitive emissions campaign” in 2021 across its operations to identify and fix leaks. The programme has helped to cut methane emissions by 42 per cent, keeping the company on course to achieve its zero methane emissions target, it said.
The company said it has also cut flaring by more than 80 per cent since 2020 and is on track to achieve zero-flaring goals.
Dhadak 2
Director: Shazia Iqbal
Starring: Siddhant Chaturvedi, Triptii Dimri
Rating: 1/5
Cinco in numbers
Dh3.7 million
The estimated cost of Victoria Swarovski’s gem-encrusted Michael Cinco wedding gown
46
The number, in kilograms, that Swarovski’s wedding gown weighed.
1,000
The hours it took to create Cinco’s vermillion petal gown, as seen in his atelier [note, is the one he’s playing with in the corner of a room]
50
How many looks Cinco has created in a new collection to celebrate Ballet Philippines’ 50th birthday
3,000
The hours needed to create the butterfly gown worn by Aishwarya Rai to the 2018 Cannes Film Festival.
1.1 million
The number of followers that Michael Cinco’s Instagram account has garnered.
The smuggler
Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple.
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.
Khouli conviction
Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.
For sale
A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.
- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico
- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000
- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950
Which honey takes your fancy?
Al Ghaf Honey
The Al Ghaf tree is a local desert tree which bears the harsh summers with drought and high temperatures. From the rich flowers, bees that pollinate this tree can produce delicious red colour honey in June and July each year
Sidr Honey
The Sidr tree is an evergreen tree with long and strong forked branches. The blossom from this tree is called Yabyab, which provides rich food for bees to produce honey in October and November. This honey is the most expensive, but tastiest
Samar Honey
The Samar tree trunk, leaves and blossom contains Barm which is the secret of healing. You can enjoy the best types of honey from this tree every year in May and June. It is an historical witness to the life of the Emirati nation which represents the harsh desert and mountain environments
500 People from Gaza enter France
115 Special programme for artists
25 Evacuation of injured and sick
The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Avengers: Endgame
Directors: Anthony Russo, Joe Russo
Starring: Robert Downey Jr, Chris Evans, Scarlett Johansson, Chris Hemsworth, Josh Brolin
4/5 stars
The specs: 2018 Ducati SuperSport S
Price, base / as tested: Dh74,900 / Dh85,900
Engine: 937cc
Transmission: Six-speed gearbox
Power: 110hp @ 9,000rpm
Torque: 93Nm @ 6,500rpm
Fuel economy, combined: 5.9L / 100km
