Energy as a key topic in OPEC's Vienna Energy Scholar Programme

Early in October 2021, 13 university students attended the weeklong first iteration of the Vienna Energy Scholar Programme (VESP) at OPEC's headquarters in Vienna.

Empfang von Bürgermeister Michael Ludwig für das Vienna Energy Scholar Programme

The Vienna Energy Scholar Programme (VESP) is a new and innovative programme organised jointly under the auspices of the OPEC Academy and the City of Vienna, which offers a novel way to learn about the oil market, the OPEC Secretariat and member countries.

For 1 week, participants joined interactive events at OPEC's headquarters in Vienna, with the prospect of a one-week visit to a member country in the next year.

Dialogue and exchange in Vienna

The Vienna Energy Scholar Programme also promotes dialogue and exchange with OPEC's host country Austria. As part of the exchange, the City of Vienna organised a "Vienna Day" presenting the city's climate goals and strategies for new types of energy and various projects in this field, as well as international initiatives embraced by the Austrian Foreign Ministry and the Ministry for the Environment.

In 2022, OPEC will host the 8th OPEC International Seminar under the theme "Towards an Inclusive Energy Transition" at the Imperial Hofburg Palace in Vienna. The seminar will discuss the critical issues affecting the petroleum industry, thereby facilitating the strengthening of channels of dialogue and cooperation among all stakeholders. It will highlight OPEC's longstanding commitment to a secure and stable market in support of a healthy global economy and will also reaffirm the need for continuing the promotion of cooperation and dialogue with all oil industry stakeholders, including producers and consumers.

About OPEC

Founded in Bagdad in 1960, OPEC moved its headquarters from Geneva to Vienna as early as in 1965. Today, OPEC's member countries include Algeria, Angola, the Republic of Congo, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates, and Venezuela. The organisation accounts for the largest petroleum reserves in the world. Like all other international organisations that have its headquarters in Vienna, it is of great importance to the city.

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