Progress Report to the IGUProgress Report to the IGU

World Petroleum CouncilWorld Petroleum Council

Pierce Riemer – Director General Pierce Riemer – Director General

A World in Transition:

Delivering Energy for

Sustainable Growth•

19th WPC - Congress Theme 19th WPC - Congress Theme

19th WPC Call for Papers online submissions site19th WPC Call for Papers online submissions site

Call for Papers results: - 600 presentations

Offset all our emissionsOffset all our emissions

4300 Delegates

700 young professionals and students

35 Ministers

500 CEO’s

590 Speakers

14,500 Attendees – Exhibition

Exhibition – 260 companies

Total area used 35,000 m2

Total Exhibition area 20,000 m2

865 Media and Journalists

90 Countries represented

Madrid 2008 - NumbersMadrid 2008 - Numbers

1919thth Congress – Ministerial Sessions Congress – Ministerial Sessions

WPC Communication Strategy – Youth & GenderWPC Communication Strategy – Youth & Gender

1919thth Congress – Women's Session Congress – Women's Session

1919thth Congress – Youth Stand and Party Congress – Youth Stand and Party

1919thth Congress – Youth Session Congress – Youth Session

22ndnd Youth Forum Youth Forum

19th Congress Results

1919thth Congress Poster Plaza Congress Poster Plaza

1919thth Congress – Global Village Congress – Global Village

Global Business Opportunity Centre ( GBOC)Global Business Opportunity Centre ( GBOC)

World Petroleum Exhibition (WPE)World Petroleum Exhibition (WPE)

1919thth Congress Exhibition – Sustainable stands Congress Exhibition – Sustainable stands

1919thth Congress Exhibition – Recycle Congress Exhibition – Recycle

Non-Technical:

Oil price

Peak oil

IOC’s / NOC’s

Energy security

Access to acreage

Social licence to operate

Youth and gender

Cooperation between oil producers and service companies

1919thth Congress – Issues and topics discussed Congress – Issues and topics discussed

Technical:

Exploring the new frontiers

Enhanced oil recovery

Unconventional oil and gas

Refinery optimization

Motor fuel quality

Climate change

Water

1919thth Congress – Issues and topics discussed Congress – Issues and topics discussed

Carbon capture storage

Reserves reporting

Biofuels

Renewables

GTL / LNG

Social Responsibility

Overgas Inc., Bulgaria

‘Corporate Social Responsibility of Overgas’

Petrobras, Brazil (Anamaria Ballard)

Carnauba Viva

Technical Development

Sarkhoon & Qeshm Gas, Iran (Najaf Balali/Gholamreza Bahmannia)

“Solar Dew” as an Innovation System for Sarkhoon Gas Treating Plant’s Oily Wastewater’

Indian Oil Corporation, India (Brijesh Kumar)

‘Hydroprocessing Technology for Green Fuels: Basics to Commercialisation through Innovation’

1919thth Congress – Excellence Awards Congress – Excellence Awards

Opec’s Abdulla El-Badri and IEA Executive Director Nobuo TanakaOpec’s Abdulla El-Badri and IEA Executive Director Nobuo Tanaka

1919thth Congress – Issues and topics discussed Congress – Issues and topics discussed

International Co-operation - SECInternational Co-operation - SEC

Significant developments

2007 – WPC, SPE AAPG; et al;

2008 – recent SEC proposals

New technologies allowed for proved reserves

Able to disclose probable to investors

Allow oil sands

Report on average price rather than year end.

WPC LegacyWPC Legacy

AnniversariesAnniversaries

WPC Communication Strategy – 2008 PublicationsWPC Communication Strategy – 2008 Publications

World Petroleum CouncilWorld Petroleum Council

We look forward to Argentina 2009 and to

continued co-operation

Thank you for listening