Iraqi Petroleum Company
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Iraqi Petroleum Company
The Iraq Petroleum Company (IPC), formerly known as the Turkish Petroleum Company (TPC), is an oil company that had a virtual monopoly on all oil exploration and production in Iraq between 1925 and 1961. It is jointly owned by some of the world's largest oil companies and headquartered in London, England, although today it is only a paper entity with historical rights and plays no part in the modern development of Middle Eastern oil. In June 1972, the Ba'athist government in Iraq nationalized the IPC and its operations were taken over by the Iraq National Oil Company. The company "Iraq Petroleum Company" still remains extant, however, only on paper and one associated company – the Abu Dhabi Petroleum Company (ADPC, formerly Petroleum Development (Trucial Coast) Ltd) – also continues with its original shareholding intact. The related Iraq Petroleum Group was an association of companies that played a major role in the discovery and development of oil resources in are ...
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Iraq National Oil Company
The Iraq National Oil Company (INOC) was founded in 1966 by the Iraqi government. It was empowered to operate all aspects of the oil industry in Iraq except for refining which was already being run by the Oil Refineries Administration (1952) and local distribution which was also already under government control. In 1961 Iraq passed ''Public Law 80'' whereby Iraq expropriated 95% of the Iraq Petroleum Company's concessions, and went on to announce the intent to form the INOC in 1964. In 1967 Iraq and the Soviet Union signed the ''Iraq-Soviet Protocol'' which committed the Soviet Union to give technical and financial aid to the company. In 1967 and 1968 the company's purview was expanded to include areas expropriated from the Iraq Petroleum Company. Unlike the National Iranian Oil Company, the INOC was forbidden from entering into partnerships or granting concessions to foreign oil companies. Though there was discussion of allowing the French Compagnie Française de Pétroles, part ...
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Middle East
The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabian Peninsula, Arabia (including the Arabian Peninsula and Bahrain), Anatolia, Asia Minor (Asian part of Turkey except Hatay Province), East Thrace (European part of Turkey), Egypt, Iran, the Levant (including Syria (region), Ash-Shām and Cyprus), Mesopotamia (modern-day Iraq), and the Socotra Governorate, Socotra Archipelago (a part of Yemen). The term came into widespread usage as a replacement of the term Near East (as opposed to the Far East) beginning in the early 20th century. The term "Middle East" has led to some confusion over its changing definitions, and has been viewed by some to be discriminatory or too Eurocentrism, Eurocentric. The region includes the vast majority of the territories included in the closely associated definition of Western Asia (including Iran), but without the South Caucasus, and additionally includes all of Egypt (not just the Sina ...
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San Remo Conference
The San Remo conference was an international meeting of the post-World War I Allied Supreme Council as an outgrowth of the Paris Peace Conference, held at Villa Devachan in Sanremo, Italy, from 19 to 26 April 1920. The San Remo Resolution passed on 25 April 1920 determined the allocation of Class "A" League of Nations mandates for the administration of three then-undefined Ottoman territories in the Middle East: "Palestine", "Syria" and "Mesopotamia". The boundaries of the three territories were "to be determined t a later dateby the Principal Allied Powers", leaving the status of outlying areas such as Zor and Transjordan unclear. The conference was attended by the four Principal Allied Powers of World War I who were represented by the prime ministers of Britain (David Lloyd George), France (Alexandre Millerand), Italy ( Francesco Nitti) and by Japan's Ambassador Keishirō Matsui. Prior events It was convened following the February Conference of London where the allies m ...
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World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fighting occurring throughout Europe, the Middle East, Africa, the Pacific, and parts of Asia. An estimated 9 million soldiers were killed in combat, plus another 23 million wounded, while 5 million civilians died as a result of military action, hunger, and disease. Millions more died in genocides within the Ottoman Empire and in the 1918 influenza pandemic, which was exacerbated by the movement of combatants during the war. Prior to 1914, the European great powers were divided between the Triple Entente (comprising France, Russia, and Britain) and the Triple Alliance (containing Germany, Austria-Hungary, and Italy). Tensions in the Balkans came to a head on 28 June 1914, following the assassination of Archduke Franz Ferdin ...
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Anglo-Iranian 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 oil concession with Mozaffar al-Din Shah Qajar of Persi ...
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Armenian People
Armenians ( hy, հայեր, ''hayer'' ) are an ethnic group native to the Armenian highlands of Western Asia. Armenians constitute the main population of Armenia and the ''de facto'' independent Artsakh. There is a wide-ranging diaspora of around five million people of full or partial Armenian ancestry living outside modern Armenia. The largest Armenian populations today exist in Russia, the United States, France, Georgia, Iran, Germany, Ukraine, Lebanon, Brazil, and Syria. With the exceptions of Iran and the former Soviet states, the present-day Armenian diaspora was formed mainly as a result of the Armenian genocide. Richard G. Hovannisian, ''The Armenian people from ancient to modern times: the fifteenth century to the twentieth century'', Volume 2, p. 421, Palgrave Macmillan, 1997. Armenian is an Indo-European language. It has two mutually intelligible spoken and written forms: Eastern Armenian, today spoken mainly in Armenia, Artsakh, Iran, and the former Soviet ...
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National Bank Of Turkey
The National Bank of Turkey was founded in 1909.Marian Kent (1975). Agent of Empire? The National Bank of Turkey and British Foreign Policy. The Historical Journal, 18, pp 367-389 doi:10.1017/ S0018246X00023736 The majority capital came from founding shareholders Sir Ernest Cassel, Lord Revelstoke and Sir Alexander Henderson.John Burman Politics and Profit:The National Bank of Turkey Revisited Oriens (Brill) Vol.37 (2009) pp = 225-236 jstor= 25759078 The initial impetus for the bank's creation came about as a result of the Young Turk Revolution.Jonathan Conlin (2016): Debt, diplomacy and dreadnoughts: the National Bank of Turkey, 1909–1919, Middle Eastern Studies, DOI: 10.1080/00263206.2015.1124418 Background of British Interests Britain and France had signed the Entente Cordiale in 1904; in Constantinople, the French financiers were predominant through the Imperial Ottoman Bank leading to an attempt to improve the British position via the creation of a new Anglo-French financ ...
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Deutsche Bank
Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. It was founded in 1870 and grew through multiple acquisitions, including Disconto-Gesellschaft in 1929 (as a consequence of which it was known from 1929 to 1937 as Deutsche Bank und Disconto-Gesellschaft or "DeDi-Bank"), Bankers Trust in 1998, and Deutsche Postbank in 2010. As of 2018, the bank's network spanned 58 countries with a large presence in Europe, the Americas, and Asia. As of 2021, Deutsche Bank was the 21st largest bank in the world by total assets and 93rd in the world by market capitalization. It is a component of the DAX stock market index, and often referred to as the largest German banking institution even though the Sparkassen-Finanzgruppe comes well ahead in terms of combined assets. Deutsche Bank has bee ...
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Petroleum
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by distillation, into innumerable products for direct use or use in manufacturing. Products include fuels such as gasol ...
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Baghdad Railway
Baghdad (; ar, بَغْدَاد , ) is the capital of Iraq and the second-largest city in the Arab world after Cairo. It is located on the Tigris near the ruins of the ancient city of Babylon and the Sassanid Persian capital of Ctesiphon. In 762 CE, Baghdad was chosen as the capital of the Abbasid Caliphate, and became its most notable major development project. Within a short time, the city evolved into a significant cultural, commercial, and intellectual center of the Muslim world. This, in addition to housing several key academic institutions, including the House of Wisdom, as well as a multiethnic and multi-religious environment, garnered it a worldwide reputation as the "Center of Learning". Baghdad was the largest city in the world for much of the Abbasid era during the Islamic Golden Age, peaking at a population of more than a million. The city was largely destroyed at the hands of the Mongol Empire in 1258, resulting in a decline that would linger through many ...
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German Empire
The German Empire (),Herbert Tuttle wrote in September 1881 that the term "Reich" does not literally connote an empire as has been commonly assumed by English-speaking people. The term literally denotes an empire – particularly a hereditary empire led by an emperor, although has been used in German to denote the Roman Empire because it had a weak hereditary tradition. In the case of the German Empire, the official name was , which is properly translated as "German Empire" because the official position of head of state in the constitution of the German Empire was officially a "presidency" of a confederation of German states led by the King of Prussia who would assume "the title of German Emperor" as referring to the German people, but was not emperor of Germany as in an emperor of a state. –The German Empire" ''Harper's New Monthly Magazine''. vol. 63, issue 376, pp. 591–603; here p. 593. also referred to as Imperial Germany, the Second Reich, as well as simply Germany, ...
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Constantinople
la, Constantinopolis ota, قسطنطينيه , alternate_name = Byzantion (earlier Greek name), Nova Roma ("New Rome"), Miklagard/Miklagarth (Old Norse), Tsargrad ( Slavic), Qustantiniya (Arabic), Basileuousa ("Queen of Cities"), Megalopolis ("the Great City"), Πόλις ("the City"), Kostantiniyye or Konstantinopolis ( Turkish) , image = Byzantine Constantinople-en.png , alt = , caption = Map of Constantinople in the Byzantine period, corresponding to the modern-day Fatih district of Istanbul , map_type = Istanbul#Turkey Marmara#Turkey , map_alt = A map of Byzantine Istanbul. , map_size = 275 , map_caption = Constantinople was founded on the former site of the Greek colony of Byzantion, which today is known as Istanbul in Turkey. , coordinates = , location = Fatih, İstanbul, Turkey , region = Marmara Region , type = Imperial city , part_of = , length = , width ...
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