RIYADH: Saudi Arabia is set to reinforce its leadership in promoting sustainability, stability, and security of the global oil and gas market by participating in the World Petroleum Congress to be held in Canada from Sept. 17-21. The event will draw several international organizations, including the Saudi Ministry of Energy, which will represent the Kingdom at the congress. The WPC is a prominent global event that deliberates on the oil and gas industry issues worldwide. Organized by the World Petroleum Council, it takes place every three years. Saudi Arabia will host the 2026 edition. To foster collaboration in various energy fields and find solutions to key challenges facing the sector, the congress organizers have invited concerned international bodies from various countries. The congress and its accompanying exhibition have garnered significant attention from specialists, journalists, and prospective participants due to their importance. The World Petroleum Council, the organizing body of the congress, was established in 1933 to facilitate discussions on challenges facing the oil and gas sector among relevant stakeholders worldwide. According to the Saudi energy ministry, the WPC focuses on leveraging scientific advancements in the oil and gas sectors, technology transfer, and the sustainable utilization of global petroleum resources. Saudi Arabia on Sept. 5 announced the extension of its voluntary 1 million barrels per day production cut until the end of December 2023. The country will produce approximately 9 million barrels per day for the coming months of October, November, and December. The energy ministry confirmed that the additional production cut is intended to strengthen the precautionary measures taken by the Organization of the Petroleum Exporting Countries and its allies, also known as OPEC+, to support the stability and equilibrium of oil markets.