World Business Council






OIL & GAS

Chair

The oil and gas sector is a cornerstone of the global energy market, influencing economies and geopolitics. The industry is undergoing a significant transition towards renewable energy and cleaner technologies.

The WBC Oil and Gas Council is committed to advancing sustainable practices and innovation in the energy sector. By connecting industry leaders, policymakers, and environmental advocates, the Council addresses challenges such as energy transition, emissions reduction, and regulatory compliance. It promotes best practices in exploration, production, and resource management. Looking ahead, the Council aims to support initiatives that drive investment in renewable energy, foster collaboration in energy innovation, and advocate for policies that support a sustainable energy future.



GLOBAL
Market Size
$ 4 Tr.

United States

Business Volume: $1.5 Tr.

 

Saudi Arabia

Business Volume: $800 B

 

Russia

Business Volume: $600 B

China

Business Volume: $400 B

 

Canada

Business Volume: $300 B

 

Iraq

Business Volume: $250 B

United Arab Emirates

Business Volume: $230 B

 

Kuwait

Business Volume: $200 B

 

Iran

Business Volume: $150 B