Natural gas now delivers roughly 70 percent of Mubadala Energy’s total output, underscoring the fuel’s central role in the company’s portfolio as it pushes deeper into global markets.
The company’s chief operating officer described 2025 as a turning point—one marked by geographic expansion and steady progress on key gas developments. Mubadala Energy entered the United States during the year and moved ahead with strategic projects across Southeast Asia, all within a long-term plan that pairs energy security with the realities of the energy transition.
Gas, the executive said, remains the pragmatic choice: cleaner than more carbon-intensive fuels and capable of supporting stable, long-horizon returns. That philosophy has shaped investments spread across multiple regions, a structure designed to absorb market swings rather than be shaken by them.
A notable step was the investment in the Caturus natural gas and LNG portfolio in the US, which offers exposure across the gas value chain in one of the world’s largest energy markets. The move adds to an already diverse footprint spanning the Middle East, Southeast Asia, Russia and North America.
On the operational front, progress continued at the Tangkulo gas field in Indonesia, while output at the Pegaga project in Malaysia—one of the company’s flagship assets—held steady.
Beyond production figures, the company pointed to tangible gains on sustainability. Scope 1 and 2 greenhouse gas emissions have been reduced by 36.5 percent, and community programmes rolled out over the past decade have reached more than one million people.
Together, the numbers sketch a company leaning into gas not as a stopgap, but as a foundation—one it believes can bridge today’s energy needs with tomorrow’s transition.


