World Petroleum Council

• Nearly 65 Member countries world wide
• Representing over 95% of the world’s oil and gas consumption and production
• Covering all five continents
• Since 1933
• UN accredited

World Petroleum Council Vision

The WPC’s core value and purpose, as stated in the Articles of Association, centers on sustaining and improving the lives of people throughout the world.

The World Petroleum Council’s (WPC) main purpose is to catalyze and facilitate dialogue amongst internal and external stakeholders aimed at seeking solutions to key technical, social, environmental and management challenges in global energy issues for the benefit of mankind. In doing so, the WPC will contribute towards sustainable growth.

The WPC does not take a position on the key issues facing oil and gas; but it provides a forum where the solutions to key challenges can be addressed.

The World Petroleum Congress

Every three years, the World Petroleum Council organizes the World Petroleum Congress as the principal meeting place for a global discussion of oil and gas issues. Following a twelve month campaign period, one of the candidate countries is selected by its fellow Council members to host the next World Petroleum Congress. Following the 21st World Petroleum Congress in Moscow from 15-19 June 2014 in Moscow, Turkey will be the next host of the 22nd World Petroleum Congress in Istanbul in 2017 (www.22wpc.com)

Beyond the triennial Congress, the World Petroleum Council is regularly involved with a number of other meetings such as the WPC Youth Forum, the WPC-UN Global Compact Best Practice Forum a joint WPC / OPEC workshop on CO2 sequestration, reduction of methane flaring, opportunities for enhanced oil recovery, dispute resolution, calculating reserves and resources, regional integration and the oil, gas and infrastructure developments in Africa.

Mission, Values and Principles

Mission

The WPC is the only organization representing the global oil and gas community. The Council’s core value and purpose centers on sustaining and improving the lives of people around the world, through:

• enhanced understanding of issues and challenges.
• networking opportunities in a global forum.
• co-operation (partnerships) with other organizations
• an opportunity to showcase the industry and demonstrate best practice.
• information dissemination via congresses, reports, regional meetings and workshops.
• initiatives for educating young people on energy matters.
• awareness of environmental issues, conservation of energy and sustainable solutions

Values

The WPC values strongly:

• Respect for individuals and cultures world wide
• Unbiased and objective views
• Integrity
• Transparency
• Good governance
• A positive perception of energy from petroleum
• Science and technology
• The views of all stakeholders
• And the management of the world’s petroleum resources for the benefit of all

Principles

The WPC seeks to be identified with its mission and flexible enough so that it can embrace change and adapt to it. The WPC has to be:

• pro-active and responsive to changes and not merely led by them
• creative and visionary, so that we add value for all
• challenging, so that our goals require effort to attain but are realistic and achievable
• focused, so that our goals are clear and transparent
• understandable to all

Key Strategic Areas

World Class Congress
to deliver a quality, premier world class oil and gas congress

Inter Congress Activities
to organize fora for cooperation and other activities on specific topics and to organize regional events of relevance to WPC members and all stakeholders

Co-operation eith other stakeholders
to add value by cooperating with other organizations to seek synergies and promote best practice.

Communication
to increase awareness, of WPC’s activities, through enhanced communication, both internally and externally.

Global Representation
to attract and retain worldwide involvement in WPC.

Youth (and Gender) Engagement
to increase the participation of young people and women in oil and gas issues, including the establishment of a dedicated Youth Committee for the development of active networking opportunities with young people.

Legacy
to create a central WPC legacy fund to benefit communities and individuals around the world based on WPC’s mission

Structure

The Council is the governing body of the World Petroleum Council which convenes once a year. Its global membership elects the President and an Executive Committee every three years to develop and execute its strategy. The Council also selects the host country for the next World Petroleum Congress from the candidate countries. To ensure the scientific and topical quality of the event the Council elects a Congress Program Committee whose members are responsible for delivering the high-level content for its Congresses.

The Secretariat of the World Petroleum Council is based in London, under the leadership of the Director General and his dedicated team.