World Petroleum Congress opens in Madrid

The World Petroleum Congress has opened in Madrid. The theme is delivering energy for sustainable growth.

Spanish King, Juan Carlos the First says world oil prices are reaching all time highs and the theme of the event is a very good reflection of the reality that the world is facing now.

He stresses, the world needs to develop clean energy, and respect the environment. Participants also want cleaner and more efficient energy sources.

The 4 day meeting will also address key issues, such as balancing the requirements for supply and demand, and ensuring the attraction and support of the next generation of professionals.