The World Petroleum Council
The World Petroleum Council is the only international organization representing all aspects of the petroleum sector. It was established in 1933 with the intent to promote the management of the world’s petroleum resources for the benefit of mankind. The World Petroleum Council’s prime function is to catalyse and facilitate dialogue among stakeholders – both internal and external to the petroleum industry – on key technical, social, environmental and management issues in order to contribute towards seeking solutions to those issues.
Headquartered in London, the World Petroleum Council includes over 69 member countries from around the world, representing over 96% of the global oil and gas production and consumption. World Petroleum Council membership is unique as it includes both OPEC and Non-OPEC countries, with representation from National Oil Companies (NOCs) as well as from Independent Oil Companies (IOCs). Each country has a national committee made up of representatives from the oil and gas industry, academia and research institutions, besides government departments. The governing body is the Council consisting of representation from each country’s national committee.
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