Morningside Campus Status Updates

Current Access Level “I” – ID Only: CUID holders, alumni, and approved guests only

  • Campus open to active affiliate Columbia University ID (CUID) holders and approved guests only.
  • Columbia students, faculty, and staff can use the guest registration portal to register up to two same-day guests. Alumni can use the portal to register for campus same-day access as well. Learn more below.

News

Explore our expert insights and analysis in leading energy and climate news stories.

Energy Explained

Get the latest as our experts share their insights on global energy policy.

Podcasts

Hear in-depth conversations with the world’s top energy and climate leaders from government, business, academia, and civil society.

Events

Find out more about our upcoming and past events.

About Us

We are the premier hub and policy institution for global energy thought leadership. Energy impacts every element of our lives, and our trusted fact-based research informs the decisions that affect all of us.

Podcast
Columbia Energy Exchange

GCC Countries and the New Oil Landscape

Guest

Nader Sultan

Former CEO of Kuwait Petroleum Corporation

Since the 1930’s when oil was first discovered in Saudi Arabia and Kuwait, the countries that make up the Gulf Cooperation Council (GCC) — Kuwait, Saudi Arabia, the United Arab Emirates, Qatar, Oman, and Bahrain — have been key players in the global oil market. While their vast endowment of oil resources has enhanced the region’s economic and geopolitical importance, it has also linked its fate to the cycle of oil prices. The rapid pace of change in the energy sector today, from the rise of US shale and the historic collapse in oil prices to the growing international commitment to address climate change, poses key challenges for the GCC. How the countries deal with these issues will have profound implications for them and the world as a whole.

On this episode of Columbia Energy Exchange, Jason Bordoff, the director of the Center on Global Energy Policy, sat down with Nader Sultan, the former CEO of Kuwait Petroleum Corporation, who is now a Senior Partner in the company F&N Consultancy as well as the Director of the Oxford Energy Seminar. The discussion touched on a range of topics, including:

  1. How are GCC countries adapting to the lower oil price environment?
  2. What are the implications of Saudi Arabia’s ambitious National Transformation Program?
  3. How has the Paris climate agreement affected GCC business plans and long-term energy strategies?
  4. Does OPEC still matter for the world in terms of oil production decisions? Is Saudi Arabia still a swing producer?
  5. How do geopolitics weigh on OPEC relations and decisions, especially given the tensions between Iran and Saudi Arabia?

This conversation was originally recorded on June 14, 2016.

Related

More Episodes

Our Work

Relevant
Publications

Regulatory Progress for Project-Based Carbon Credit Markets: Pre-COP30 Roundtable Summary

On November 6, 2025, in the lead-up to the annual UN Conference of the Parties (COP30), the Center on Global Energy Policy (CGEP) at Columbia University SIPA convened a roundtable on project-based carbon credit markets (PCCMs) in São Paulo, Brazil—a country that both hosted this year’s COP and is well-positioned to shape the next phase of global carbon markets by leveraging its experience in nature-based solutions.

Summaries by Gautam Jain, Preetha Jenarthan, Victoria Barreto Vieira do Prado + 3 more • December 04, 2025
Regulatory Progress for Project-Based Carbon Credit Markets: Pre-COP30 Roundtable Summary
Oil

America’s Toothless Sanctions on Russian Oil

Last month, the Trump administration imposed fresh sanctions on Russia’s two largest oil companies, Rosneft and Lukoil, signaling a renewed desire to drive Moscow to the negotiating table in its war against Ukraine. But although these measures have the potential to harm the Russian economy, just how much damage they inflict will depend largely on one actor: Beijing. China bought almost half the oil Russia exported in 2024, evading Washington’s existing restrictions in the process. And new sanctions alone will do little to push China into significantly reducing its purchases.

Op-eds & Essays with Erica Downs & Richard Nephew Foreign Affairs • November 24, 2025
America’s Toothless Sanctions on Russian Oil
See All Work