The World Petroleum Council (WPC) is a non-advocacy, non-political organisation with charitable status in the U.K. and has accreditation as a Non-Governmental Organization (NGO) from the United Nations (UN). The WPC is dedicated to the promotion of sustainable management and use of the world’s petroleum resources for the benefit of all.
WPC conducts the triennial World Petroleum Congress, covering all aspects of the industry including management of the industry and its social, economic and environmental impact.
1. Holding congresses, conferences, meetings, seminars and workshops to:
2. Publishing, producing or assisting in the publication, production and distribution of education materials to schools and universities and other interested parties with the aim to advance education for the public benefit.
3. Maintaining electronic libraries and providing public access to papers, research documents and publications.
4. Encouraging the undertaking of voluntary work (work which further exclusively charitable purposes – charitable under English law) in furthering the exclusively charitable objects of the World Petroleum Council.
5. Institute, establish and promote educational and training courses, scholarship grants, awards and prizes with the aim to advance education and research for the public benefit.
Accordingly the WPC does not have a formal position on issues but does act as a forum to bring together in dialogue the various sectors of society that have views on specific issues.
Headquartered in London, since 1933, the World Petroleum Council includes 63 member countries from around the world representing over 96% of global oil and gas production and consumption. WPC membership is unique as it includes both OPEC and Non-OPEC countries with representation of National Oil Companies (NOC’s) as well as Independent Oil Companies (IOC’s). Each country has a National Committee made up from representatives of the oil and gas industry, academia and research institutions and government departments. Governing body is the Council consisting of representation from each of the country national committees.
Every three years the Council organises the World Petroleum Congress hosted by one of its member countries. The triennial Congress is also known as the “Olympics" of the petroleum industry and covers all aspects of the industry from technological advances in upstream and downstream operations to the role of natural gas and renewables, management of the industry and its social, economic and environmental impact. In addition, outside stakeholders such as governments, other industry sectors, NGOs and international institutions have also joined in the dialogue.
World Petroleum Council Vision
The WPC’s core value and purpose, as stated in the Articles of Association, 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 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:
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:
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 leaderhsip of the Director General and his dedicated team.