Organization of the Petroleum Exporting Countries (OPEC)

Organisation des pays exportateurs de pétrole (OPEP)
Organización de Paises Exportadores de Petróleo (OPEP)
Organisation der Erdölexportierenden Länder

Search Open Yearbook

This information is part of the Open Yearbook, a free service of UIA's subscription-based Yearbook of International Organizations (YBIO). It includes profiles of non-profit organizations working worldwide in all fields of activity. The information contained in the profiles and search functionality of this free service are limited.

The full-featured Yearbook of International Organizations (YBIO) includes over 70,000 organization profiles, additional information in the profiles, sophisticated search functionality and data export. For more information about YBIO, please click here or contact us.

The UIA is a leading provider of information about international non-profit organizations. The aim of the Open Yearbook is to promote the activities of international non-governmental organizations (INGOs) and intergovernmental organizations (IGOs).

Contact Details

Available with paid subscription only.

This profile has an update pending.
All updates are reviewed by our editors before publication. Please check back soon for updated information.


Established 10-14 Sep 1960, Baghdad (Iraq), at conference of government representatives, following initiatives of Venezuela, 1949, when cooperation was established with Iran (since 1979 reconstituted as Islamic Republic of Iran), Iraq, Kuwait and Saudi Arabia; and subsequent resolutions of First Arab Petroleum Congress, 1959, Cairo (Egypt). Statutes approved at 2nd Conference, 15-21 Jan 1961, Caracas (Venezuela). In accordance with a Resolution of 8th Conference, 5-10 Apr 1965, Headquarters moved to Vienna (Austria), 1 Sep 1965. Agreement in accordance with Austrian law, 24 June 1965; new agreement, 18 Feb 1974.


Coordinate and unify petroleum policies of member countries and determine the best means for safeguarding their interests individually and collectively; devise means of ensuring stabilization of prices in international oil markets so as to eliminate harmful and unnecessary fluctuations, due regard being given to: the interests of producing nations and the necessity of securing a steady income for them; efficient, economic and regular supply of petroleum to consuming nations; fair return on the capital to those investing in the petroleum industry. Members adopted, June 1968, Declaratory Statement of Petroleum Policy, calling on Member Countries to: undertake direct exploration for and development of hydrocarbon resources; seek participation in the equity of existing concessions and progressive and accelerated relinquishment of acreage of present contract areas; establish conservation rules to be followed by operating oil companies; determine posted or tax reference prices. First Solemn Declaration adopted by Conference of the Sovereigns and Heads of State of the OPEC Member Countries, Mar 1975, Algiers (Algeria), added new policy guides and indicated that OPEC should seek, in consultation and cooperation with the other countries of the world, the establishment of a new economic order based on justice, mutual understanding and a genuine concern for the well-being of all peoples. Second Solemn Declaration, adopted by Second Summit of Heads of State and Government of OPEC Member Countries, Sep 2000, Caracas (Venezuela), reaffirmed PEC's commitment to order and stability in the international oil market, with reasonable prices and fair returns to investors.

Available with paid subscription only.


Research/documentation; monitoring/evaluation; knowledge management/information dissemination; guidance/assistance/consulting; politics/policy/regulatory; training/education. Monitors, forecasts and analyses development in the energy and petrochemical industries and studies the evaluation of hydrocarbons and products and their non-energy uses; analyses economic and financial issues, in particular those related to international financial and monetary matters and to the international petroleum industry; financial and/or material support.


Available with paid subscription only.




Available with paid subscription only.


Available with paid subscription only.

Relations with Inter-Governmental Organizations

Relations with 22 inter-governmental organizations.
More detailed data available with paid subscription.

Relations with Non-Governmental Organizations

Relations with 12 non-governmental organizations.
More detailed data available with paid subscription.


Available with paid subscription only.

Information Services

Available with paid subscription only.


Members in 15 countries
More detailed data available with paid subscription.

Type I Classification

Available with paid subscription only.

Type II Classification

Available with paid subscription only.

Subjects *

  • Resources
    • Petroleum
  • Commerce
    • Import, Export

UN Sustainable Development Goals **

GOAL 8: Decent Work and Economic GrowthGOAL 12: Responsible Consumption and Production



Last News Received

* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

You are viewing an organization profile from the Yearbook of International Organizations Online.
← return to your search page to find additional profiles.
Terms of Use

UIA allows users to access and make use of the information contained in its Databases for the user’s internal use and evaluation purposes only. A user may not re-package, compile, re-distribute or re-use any or all of the UIA Databases or the data* contained therein without prior permission from the UIA.

Data from database resources may not be extracted or downloaded in bulk using automated scripts or other external software tools not provided within the database resources themselves. If your research project or use of a database resource will involve the extraction of large amounts of text or data from a database resource, please contact us for a customized solution.

UIA reserves the right to block access for abusive use of the Database.

* Data shall mean any data and information available in the Database including but not limited to: raw data, numbers, images, names and contact information, logos, text, keywords, and links.