Al-Kaabi became president and CEO of QatarEnergy in 2014, 28 years after joining the company while he was still a university student. In October 2023, QatarEnergy signed a long-term LNG sale and purchase agreement with Eni to supply up to one million tonnes of LNG annually from Qatar to Italy. In 2018, Al-Kaabi was appointed as Qatar’s Minister of State for Energy Affairs. QatarEnergy’s revenues for 2022 stood at $52 billion, and its profit for the year was $42.5 billion.