Anglo-Persian Oil Company
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Anglo-Persian Oil Company
The Anglo-Persian Oil Company (APOC) was a British company founded in 1909 following the discovery of a large oil field in Masjed Soleiman, Persia (Iran). The British government purchased 51% of the company in 1914, gaining a controlling number of shares, effectively nationalizing the company. It was the first company to extract petroleum from Iran. In 1935 APOC was renamed the "Anglo-Iranian Oil Company" (AIOC) when Reza Shah Pahlavi formally asked foreign countries to refer to Persia by its endonym ''Iran''. In 1954, it was renamed again to the "British Petroleum Company", one of the antecedents of the modern BP public limited company. The government of Mohammad Mosaddegh nationalized the company's local infrastructure assets and gave the new company the name National Iranian Oil Company. The D'Arcy oil concession Exploration and discovery In 1901, William Knox D'Arcy, a millionaire London socialite, negotiated an D'Arcy Concession, oil concession with Mozaffar al-Din Sh ...
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Tehran
Tehran (; fa, تهران ) is the largest city in Tehran Province and the Capital city, capital of Iran. With a population of around 9 million in the city and around 16 million in the larger metropolitan area of Greater Tehran, Tehran is the List of largest cities of Iran, most populous city in Iran and Western Asia, and has the Largest metropolitan areas of the Middle East, second-largest metropolitan area in the Middle East, after Cairo. It is ranked 24th in the world by metropolitan area population. In the Classical antiquity, Classical era, part of the territory of present-day Tehran was occupied by Ray, Iran, Rhages, a prominent Medes, Median city destroyed in the medieval Muslim conquest of Persia, Arab, Oghuz Turks, Turkic, and Mongol conquest of Khwarezmia, Mongol invasions. Modern Ray is an urban area absorbed into the metropolitan area of Greater Tehran. Tehran was first chosen as the capital of Iran by Agha Mohammad Khan Qajar, Agha Mohammad Khan of the Qajar dyn ...
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