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Burmah Oil Company Ltd.
The Burmah Oil Company was a leading British oil company which was once a constituent of the FTSE 100 Index. In 1966, Castrol was acquired by Burmah, which was renamed Burmah-Castrol. BP Amoco purchased the company in 2000. History The company was founded in Glasgow in 1886 by David Sime Cargill, an East India merchant, to succeed his Rangoon Oil Company Ltd, also of Glasgow, to further expand and develop oil fields in the Indian subcontinent.Dictionary of Scottish Business Biography, published 1986 On his death in 1904, the ownership and chairmanship passed to his son John Cargill. In the 1900s, the Admiralty was planning a changeover from coal to fuel oil for powering the engines of its warships. In 1905, Burmah signed a contract with the Admiralty to supply naval fuel oil from Rangoon. In the first decade of the 20th century, Burmah Oil founded Anglo-Persian Oil Company to succeed the early prospecting in Persia of William Knox D'Arcy with Burmah Oil owning 97%. Burmah ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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1300 Revolution
The 1300 Revolution (; also called the 1300 Movement or Year 1300 Strikes) was a nationwide general strike in Myanmar in 1938–1939, beginning with oilfield strikes. It is named for the year it occurred: 1300 in the Myanmar calendar. The strike's length and reach united many people in Burma in solidarity against the British colonial government. It is often regarded as one of the seminal first steps towards Myanmar's Independence. Beginning of strike Prior to 1938, the British-owned Burmah Oil Company (BOC) fired staff without reason. On 8 January, oil workers in Chauk went on strike action, strike with additional grievances including the low wages, lack of medical leave and reductions in the number of religious holidays given by the BOC. The daily wage for oil workers was 7-8 paisa, pe while the British managers earned about 100 Indian rupee, rupees per day, almost 1428 times as much as the average worker. This strike spread to a BOC refinery in Thanlyin Township, south of Rangoon ...
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New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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Bank Of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the Kingdom of England, English Government's banker and debt manager, and still one of the bankers for the government of the United Kingdom, it is the world's second oldest central bank. The bank was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. In 1998 it became an independent public organisation, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. In the 21st century the bank took on increased responsibility for maintaining and monitoring financial stability in the UK, and it increasingly functions as a statutory Financial regulation, regulator. The bank's headquarters have been in London's main financial di ...
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War Damage Act 1965
The War Damage Act 1965 (c. 18) is an act of United Kingdom Parliament which exempts the Crown from liability in respect of damage to, or destruction of, property caused by acts lawfully done by the Crown during, or in contemplation of the outbreak of, a war in which it is engaged. Enacted in the aftermath of the prominent case '' Burmah Oil Co. v Lord Advocate'', it is a rare piece of British legislation with retroactive effect. Ordinances The first clause of the War Damage Act 1965: A second clause was repealed in 1995. It read: References External links * United Kingdom Acts of Parliament 1965 United Kingdom military law 1965 in military history {{UK-statute-stub ...
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Lords Of Appeal In Ordinary
Lords of Appeal in Ordinary, commonly known as Law Lords, were judges appointed under the Appellate Jurisdiction Act 1876 to the British House of Lords, as a committee of the House, effectively to exercise the judicial functions of the House of Lords, which included serving as the final court of appeal for most domestic matters. On 1 October 2009, the Appellate Jurisdiction Act 1876 was repealed owing to the creation of the Supreme Court of the United Kingdom. The House of Lords thus lost its judicial functions and the power to create law life peers lapsed, although the validity of extant life peerages created under the Appellate Jurisdiction Act 1876 remains intact. Lords of Appeal in Ordinary who were in office on 1 October 2009 automatically became Justices of the Supreme Court of the United Kingdom. At the same time, those Supreme Court justices who already held seats in the House of Lords lost their right to speak and vote there until after retirement as Justices of the ...
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Burmah Oil Co
Burmah may refer to: *Burma Myanmar, officially the Republic of the Union of Myanmar; and also referred to as Burma (the official English name until 1989), is a country in northwest Southeast Asia. It is the largest country by area in Mainland Southeast Asia and ha ... (Myanmar), a Southeast Asian country * Burmah Oil Company * Burmah, a ship which disappeared en route from London to New Zealand in 1859/60. {{disambig ...
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Myanma Oil And Gas Enterprise
Myanma Oil and Gas Enterprise (; abbreviated MOGE) is a national oil and gas company of Myanmar. It was established in 1963. MOGE royalties and fees are estimated to generate in annual revenues, about half of the country's foreign currency reserves. The company is a sole operator of oil and gas exploration and production, as well as domestic gas transmission through a onshore pipeline grid. History MOGE was established in 1963 after nationalisation of the Burmese petroleum industry. The nationalised assets of Burmah Oil Company were amalgamated to MOGE. MOGE discovered the Mann oil field in 1970. Peak production in 1979 was 23,000 barrels of oil per day, about three-quarters of Myanmar's total production. 2021 coup Since the 2021 Myanmar coup d'état, MOGE has become the largest foreign currency source for the military regime, the State Administration Council. In February 2022, the European Union imposed sanctions on MOGE. In January 2023, the American government sanct ...
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Ne Win
Ne Win (; ; 24 May 1911 – 5 December 2002), born Shu Maung (; ), was a Burmese army general, politician and Prime Minister of Burma from 1958 to 1960 and 1962 to 1974, and also President of Burma from 1962 to 1981. Ne Win was Burma's military dictator during the Socialist Burma period of 1962 to 1988. Ne Win founded the Burma Socialist Programme Party (BSPP) and overthrew the democratic Union Parliament of U Nu in the 1962 Burmese coup d'état, establishing Burma as a one-party socialist state under the Burmese Way to Socialism ideology. Ne Win was Burma's ''de facto'' leader as chairman of the BSPP, serving in various official titles as part of his military government, and was known by his supporters as U Ne Win. His rule was characterized by a non-aligned foreign policy, isolationism, one-party rule, economic stagnation, and superstition. Ne Win resigned in July 1988 in response to the 8888 Uprising that overthrew the Burma Socialist Programme Party, and was rep ...
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Standard Oil Company
Standard Oil Company was a corporate trust in the petroleum industry that existed from 1882 to 1911. The origins of the trust lay in the operations of the Standard Oil Company (Ohio), which had been founded in 1870 by John D. Rockefeller. The trust was born on January 2, 1882, when a group of 41 investors signed the Standard Oil Trust Agreement, which pooled their securities of 40 companies into a single holding agency managed by nine trustees. The original trust was valued at $70 million. On March 21, 1892, the Standard Oil Trust was dissolved and its holdings were reorganized into 20 independent companies that formed an unofficial union referred to as "Standard Oil Interests." In 1899, the Standard Oil Company (New Jersey) acquired the shares of the other 19 companies and became the holding company for the trust. Jersey Standard operated a near monopoly in the American oil industry from 1899 until 1911 and was the largest corporation in the United States. In 1911, the landma ...
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Shell Plc
Shell plc is a British Multinational corporation, multinational petroleum, oil and natural gas, gas company, headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext, Euronext Amsterdam and the New York Stock Exchange. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the List of largest companies by revenue, world's largest companies out of any industry. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the Top contributors to greenhouse gas emissions, ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in April 1907 through the Mergers and acquisitions, merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The ...
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Assam
Assam (, , ) is a state in Northeast India, northeastern India, south of the eastern Himalayas along the Brahmaputra Valley, Brahmaputra and Barak River valleys. Assam covers an area of . It is the second largest state in Northeast India, northeastern India by area and the largest in terms of population, with more than 31 million inhabitants. The state is bordered by Bhutan and Arunachal Pradesh to the north; Nagaland and Manipur to the east; Meghalaya, Tripura, Mizoram and Bangladesh to the south; and West Bengal to the west via the Siliguri Corridor, a strip of land that connects the state to the rest of India. Assamese language, Assamese and Bodo language, Bodo are two of the official languages for the entire state and Meitei language, Meitei (Manipuri language, Manipuri) is recognised as an additional official language in three districts of Barak Valley and Hojai district. in Hojai district and for the Barak valley region, alongside Bengali language, Bengali, which is also ...
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