The Organization of the Petroleum Exporting Countries is an organization enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively influence the global oil market and maximize profit. It was founded on 14 September 1960 in Baghdad by the first five members. The organization, which currently comprises 12 member countries, accounted for an estimated 30 percent of global oil production. A 2022 report further details that OPEC member countries were responsible for approximately 38 percent of it. Additionally, it is estimated that 79.5 percent of the world's proven oil reserves are located within OPEC nations, with the Middle East alone accounting for 67.2 percent of OPEC's total reserves.
The World Peace Council (WPC) is an international organization created in 1949 by the Cominform and propped up by the Soviet Union. Throughout the Cold War, WPC engaged in propaganda efforts on behalf of the Soviet Union, whereby it criticized the United States and its allies while defending the Soviet Union's involvement in numerous conflicts.
Kuwait Oil Company (KOC), an oil company headquartered in Al Ahmadi, Kuwait, is a subsidiary of the Kuwait Petroleum Corporation, a government-owned holding company. Kuwait was the world's 10th largest petroleum and other liquids producer in 2010. The company produced a total of 1.7 million barrels per day.
Kuwait Petroleum Corporation is Kuwait's major national oil company, headquartered in Al Kuwait.
The Nigerian National Petroleum Corporation (NNPC) is a state oil company in Nigeria. Formerly a fully-owned government company, it was transformed from into a limited liability company in July 2022. NNPC Limited is the only entity licensed to operate in the country's petroleum industry. It partners with foreign oil companies to exploit Nigeria's fossil fuel resources.
The International Association of Oil & Gas Producers (IOGP) is the petroleum industry's global forum in which members identify and share best practices to achieve improvements in health, safety, the environment, security, social responsibility, engineering and operations.
The Abu Dhabi National Oil Company, known by its acronym ADNOC, is the state-owned oil company of the United Arab Emirates (UAE).
QatarEnergy, formerly Qatar Petroleum (QP), is a state owned petroleum company of Qatar. The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. The President & CEO is Saad Sherida al-Kaabi, Minister of State for Energy Affairs. The company's operations are directly linked with state planning agencies, regulatory authorities, and policy making bodies. Together, revenues from oil and natural gas amount to 60% of the country's GDP. As of 2018 it was the third largest oil company in the world by oil and gas reserves. In 2022, the company had total revenues of US$52bn, a net income of US42.4bn, and total assets of US$162bn. In 2021, QatarEnergy was the fifth largest gas company in the world.
The fossil fuels lobby includes paid representatives of corporations involved in the fossil fuel industry, as well as related industries like chemicals, plastics, aviation and other transportation. Because of their wealth and the importance of energy, transport and chemical industries to local, national and international economies, these lobbies have the capacity and money to attempt to have outsized influence on governmental policy. In particular, the lobbies have been known to obstruct policy related to environmental protection, environmental health and climate action.
The World Energy Council is a global forum for thought-leadership and tangible engagement with headquarters in London. Its mission is 'To promote the sustainable supply and use of energy for the greatest benefit of all people'.
Clement Willis Bowman was a Canadian chemical engineer, the founding chairperson of the Alberta Oil Sands Technology and Research Authority. He was a Member of the Order of Canada and a recipient of the Global Energy Prize.
Khalid A. Al-Falih is Minister of Investment of Saudi Arabia since 25 February 2020. He served as Minister of Energy of Saudi Arabia and chairman of Saudi Aramco. He also has previously served as the Saudi Arabian Health Minister and Aramco's CEO.
The environmental impact of the petroleum industry is extensive and expansive due to petroleum having many uses. Crude oil and natural gas are primary energy and raw material sources that enable numerous aspects of modern daily life and the world economy. Their supply has grown quickly over the last 150 years to meet the demands of the rapidly increasing human population, creativity, knowledge, and consumerism.
Australian Energy Producers is an Australian industry association representing companies which explore and produce oil and gas in Australia. Australian Energy Producers is a non-profit organisation. The current Chief Executive is Samantha McCulloch.
{{Under construction}}
Majid Hamd Jafar is an Emirati businessman and the CEO of Crescent Petroleum. He is vice-chairman of the Crescent Group and managing director of Dana Gas (PJSC).
Iraq was the world's 5th largest oil producer in 2009, and has the world's fifth largest proven petroleum reserves. Just a fraction of Iraq's known fields are in development, and Iraq may be one of the few places left where vast reserves, proven and unknown, have barely been exploited. Iraq's energy sector is heavily based upon oil, with approximately 94 percent of its energy needs met with petroleum. In addition, crude oil export revenues accounted for over two-thirds of GDP in 2009. Iraq's oil sector has suffered over the past several decades from sanctions and wars, and its oil infrastructure is in need of modernization and investment. As of June 30, 2010, the United States had allocated US$2.05 billion to the Iraqi oil and gas sector to begin this modernization, but ended its direct involvement as of the first quarter of 2008. According to reports by various U.S. government agencies, multilateral institutions and other international organizations, long-term Iraq reconstruction costs could reach $100 billion (US) or higher.
M. A. Pathan was the chairman of the Indian Oil Corporation Ltd. from February 1997 to March 2002. He had been on the Indian Oil board since 1994 as the director-in-charge of marketing. He was also the chairman of the Petroleum Federation of India (PetroFed) from 1 April 2002 to 3 August 2003.
Petroleum refining in the United Kingdom produced around 61 million tonnes of petroleum products in 2015, down 19% from 2011. There are six major and one minor petroleum refinery in the downstream sector of the UK oil industry.
Oil and gas reserves denote discovered quantities of crude oil and natural gas that can be profitably produced/recovered from an approved development. Oil and gas reserves tied to approved operational plans filed on the day of reserves reporting are also sensitive to fluctuating global market pricing. The remaining resource estimates are likely sub-commercial and may still be under appraisal with the potential to be technically recoverable once commercially established. Natural gas is frequently associated with oil directly and gas reserves are commonly quoted in barrels of oil equivalent (BOE). Consequently, both oil and gas reserves, as well as resource estimates, follow the same reporting guidelines, and are referred to collectively hereinafter as oil & gas.
