D.C. Residents Could Be Left in the Dark Without An Essential Federal Utility Assistance Program
The federal utility assistance program is in limbo after the entire staff was fired in April.
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On the global energy scene, oil, gas, and petrochemicals still play a prominent role, even as sustainability concerns become steadily more and more urgent. Investors are pressing for greater efficiency, reduced emissions, and heightened attention to financial discipline, as well as long-term viability. An important player in the energy industry of the Middle East region is the Abu Dhabi State Investment Company, Mubadala Investment.
In this edition of Columbia Energy Exchange, host Jason Bordoff is joined by Musabbeh Al Kaabi, Mubadala Investment’s Chief Executive Officer for Petroleum & Petrochemicals. Musabbeh Al Kaabi is responsible for a portfolio of more than $40 billion in assets spanning the global oil and gas value chain of the Mubadala Investment Company. Previously he headed Mubadala Petroleum as its CEO — the company’s wholly-owned exploration and production company, at a time of declining commodity prices. He also spent a number of years with the Abu Dhabi National Oil Company (ADNOC) — eventually managing its exploration division. He is a frequent and highly-respected commentator in the world of international energy investing. He holds a Bachelor of Science degree in Geophysical Engineering from Colorado School of Mines and a Master of Sciences in Petroleum Geoscience from Imperial College, London.
Jason sat down with Musabbeh on the sidelines of ADIPEC — the Abu Dhabi International Petroleum Exhibition and Conference, one of the largest energy conferences in the world — in November. They discussed how Mubadala Investment Company’s investments in the energy sector are playing out, the role of natural gas in the context of the energy transition, how the Middle East will meet its energy demand, the forecast for petrochemicals given sustainability concerns, and much more.
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