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 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