World Petroleum Council Vision

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

The World Petroleum Council’s (WPC) main purpose is to catalyse 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 Council was founded in London in 1933. It is an international, unbiased, non-political organization that provides a forum for global issues on energy and petroleum and related matters. The mandate of the WPC is to promote the management of the world’s petroleum resources for the benefit of mankind. It aims to encourage the application of scientific advancements, technology transfer and the consideration of economic, financial, management, environmental and social effects on petroleum issues. Sixty National Committees currently comprise the decision-making body of the World Petroleum Council, representing over 95% of the world’s major oil and gas producing and consuming nations. Both OPEC and non-OPEC countries participate in the World Petroleum Council. As a neutral forum, the World Petroleum Council has been given United Nations accreditation.

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. Spain will be the host of the 19th World Petroleum Congress in 2008.

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

The WPC is the only organisation representing the global oil and gas community. The Council’s core value and purpose centres 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 organisations.
• an opportunity to showcase the industry and demonstrate best practise.
• a forum for developing business opportunities.
• information dissemination via congresses, reports, regional meetings and workshops.
• initiatives for recruiting and retaining expertise and skills to the industry.
• 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 organise fora for cooperation and other activities on specific topics and to organise regional events of relevance to WPC members and all stakeholders

Co-operation eith other stakeholders

to add value by cooperating with other organisations 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 Programme 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 Director General and his dedicated team.

Contacts

World Petroleum Council Secretariat,
Suite 1, 4th Floor, 1 Duchess Street, London, W1W 6AN, United Kingdom

Dr. Pierce Riemer, Director General
Tel: +44 (0)20 7637 4958
Email: pierce@world-petroleum.org

Ulrike von Lonski, Director of Communications
Tel: Tel: +44 (0)20 7637 4995
Email: ulrike@world-petroleum.org