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The Consortium Agreement Of 1954
The Consortium Agreement of 1954 provided Western oil companies with 50% ownership of Iranian oil production after its ratification in 1954 expiring in 1979. In spite of numerous negotiations and offers, the Shah of Iran refused to extend the Agreement which originally and clearly postulated that the Consortium had the right to prolong it 15 years (3 times 5 years). A year after the overthrow of Premier Mohammad Mossadegh by the United States and the United Kingdom in the 1953 Iranian coup d'état, the British and American governments began pressuring the reinstated Shah of Iran into negotiations with Britain over the ownership of the Anglo-Persian Oil Company. The British cabinet had imposed a series of economic sanctions on Iran that prohibited the export of key commodities to Iran. Britain's boycott had become devastatingly effective, with Iranians "becoming poorer and unhappier by the day". The dispute was finalized with the incorporation of a 25-year international Oil Consor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seven Sisters (oil Companies)
Seven Sisters may refer to: * Pleiades, or Seven Sisters, a star cluster named for Pleiades (Greek mythology), the seven sisters who are companions of Artemis in Greek mythology Arts and entertainment Music * ''Seven Sisters'' (Beta Radio album), an album by the American band Beta Radio * ''Seven Sisters'' (Meja album), an album by the Swedish composer and singer Meja * "Seven Sisters", an instrumental piece by Tori Amos from Her 2011 album, '' Night of Hunters'' * "Seven Sisters", a song by American band MewithoutYou from their album, ''Catch for Us the Foxes'' * "Seven Sisters", a song by American metal band The Sword from their album, ''Apocryphon'' * ''Seven Sisters: A Kentucky Portrait'', 2003 album by the San Francisco bluegrass group ''The Crooked Jades'' * "The Seven Sisters", a song by American band Rainer Maria from their album, '' A Better Version of Me'' * "The Seven Sisters", a song by electronic-rock artist Celldweller from his album, ''Wish Upon a Blackstar'' *The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ratification
Ratification is a principal's approval of an act of its agent that lacked the authority to bind the principal legally. Ratification defines the international act in which a state indicates its consent to be bound to a treaty if the parties intended to show their consent by such an act. In the case of bilateral treaties, ratification is usually accomplished by exchanging the requisite instruments, and in the case of multilateral treaties, the usual procedure is for the depositary to collect the ratifications of all states, keeping all parties informed of the situation. The institution of ratification grants states the necessary time-frame to seek the required approval for the treaty on the domestic level and to enact the necessary legislation to give domestic effect to that treaty. The term applies to private contract law, international treaties, and constitutions in federal states such as the United States and Canada. The term is also used in parliamentary procedure in deliberati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mohammad Mosaddegh
Mohammad Mosaddegh ( fa, محمد مصدق, ; 16 June 1882 – 5 March 1967) was an Iranian politician, author, and lawyer who served as the 35th Prime Minister of Iran from 1951 to 1953, after appointment by the 16th Majlis. He was a member of the Iranian parliament from 1923, and served through a contentious 1952 election into the 17th Iranian Majlis, until his government was overthrown in the 1953 Iranian coup d'état aided by the intelligence agencies of the United Kingdom (MI6) and the United States (CIA), led by Kermit Roosevelt Jr. His National Front was suppressed from the 1954 election. Before its removal from power, his administration introduced a range of social and political measures such as social security, land reforms and higher taxes including the introduction of taxation on the rent of land. His government's most significant policy was the nationalization of the Iranian oil industry, which had been built by the British on Persian lands since 1913 through th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1953 Iranian Coup D'état
The 1953 Iranian coup d'état, known in Iran as the 28 Mordad coup d'état ( fa, کودتای ۲۸ مرداد), was the overthrow of the democratically elected Prime Minister Mohammad Mosaddegh in favor of strengthening the monarchical rule of the Shah, Mohammad Reza Pahlavi, on 19 August 1953. It was aided by the United States (under the name TPAJAX Project or "Operation Ajax") and the United Kingdom (under the name "Operation Boot"). The clergy also played a considerable role. Mosaddegh had sought to audit the documents of the Anglo-Iranian Oil Company (AIOC), a British corporation (now part of BP), in order to verify that AIOC was paying the contracted royalties to Iran, and to limit the company's control over Iranian oil reserves. Upon the AIOC's refusal to co-operate with the Iranian government, the parliament ( Majlis) voted to nationalize Iran's oil industry and to expel foreign corporate representatives from the country. After this vote, Britain instigated a worldwid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mohammad Reza Pahlavi
, title = Shahanshah Aryamehr Bozorg Arteshtaran , image = File:Shah_fullsize.jpg , caption = Shah in 1973 , succession = Shah of Iran , reign = 16 September 1941 – 11 February 1979 , coronation = 26 October 1967 , predecessor = Reza Shah , successor = ''Monarchy abolished''Ruhollah Khomeini as Supreme Leader , birth_date = , birth_place = Tehran, Sublime State of Persia , death_date = , death_place = Cairo, Egypt , burial_place = 29 July 1980Al-Rifa'i Mosque, Cairo, Egypt , spouse = , issue = , regnal name = Mohammad Reza Shah fa, محمدرضا شاه , native_lang1 = Alma mater , native_lang1_name1 = , house = Pahlavi , father = Reza Shah , mother = Tadj ol-Molouk , religion = Twelver Shi’ism , signature = , module = Mohammad Reza Pahlavi ( fa, محمدرضا پهلوی, ; 26 October 1919 – 27 July 1980), also known as Mohammad Reza Shah (), was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 oil concession with Mozaffar al-Din Shah Qajar of Persi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Iranian Oil Company
The National Iranian Oil Company (NIOC; fa, شرکت ملّی نفت ایران, Sherkat-e Melli-ye Naft-e Īrān) is a government-owned national oil and natural gas producer and distributor under the direction of the Ministry of Petroleum of Iran. NIOC was established in 1948 and restructured under The Consortium Agreement of 1954.Iran's foreign trade report Iran Trade NIOC ranks as the world's second largest , after 's state-owned |
Iranian Revolution
The Iranian Revolution ( fa, انقلاب ایران, Enqelâb-e Irân, ), also known as the Islamic Revolution ( fa, انقلاب اسلامی, Enqelâb-e Eslâmī), was a series of events that culminated in the overthrow of the Pahlavi dynasty under Shah Mohammad Reza Pahlavi, and the replacement of his government with an Islamic republic under the rule of Ayatollah Ruhollah Khomeini, a leader of one of the factions in the revolt. The revolution was supported by various Organizations of the Iranian Revolution, leftist and Islamist organizations. After the 1953 Iranian coup d'état, Pahlavi had aligned with the United States and the Western Bloc to rule more firmly as an authoritarian monarch. He relied heavily on support from the United States to hold on to power which he held for a further 26 years. This led to the 1963 White Revolution and the arrest and exile of Ayatollah Khomeini in 1964. Amidst massive tensions between Khomeini and the Shah, demonstrations began in Octob ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1979 Iranian Revolution Conspiracy Theory
The Iranian Revolution of 1979, in which Shah Mohammed Reza Pahlavi was overthrown and replaced by an Islamist government led by Ruhollah Khomeini, has been the subject of conspiracy theories alleging Western involvement, in particular, that the United States and the United Kingdom secretly opposed the Shah because his White Revolution and Iran's growing independence was unfavorable to their interests in Iranian petroleum. In his own memoirs, ''Answer to History'', the Shah alleges that Western forces most prominently the United Kingdom, the United States, and Big Oil conspired against him all for their own reasons while most notably, he claims due to his manipulation of oil prices. Khomeini rejected the charges, claiming it was the Shah who was a Western "agent" who had prevented the establishment of Islamic government in Iran until the revolution. Background The US State Department drew criticism for doing little to communicate with Tehran or discourage protest and opposition t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum Politics
Petroleum politics have been an increasingly important aspect of diplomacy since the rise of the petroleum industry in the Middle East in the early 20th century. As competition continues for a vital resource, the strategic calculations of major and minor countries alike place prominent emphasis on the pumping, refining, transport, sale and use of petroleum products. Quota agreements The Achnacarry Agreement or "As-Is Agreement" was an early attempt to restrict petroleum production, signed in Scotland on 17 September 1928. The discovery of the East Texas Oil Field in the 1930s led to a boom in production that caused prices to fall, leading the Railroad Commission of Texas to control production. The Commission retained ''de facto'' control of the market until the rise of OPEC in the 1970s. The Anglo-American Petroleum Agreement of 1944 tried to extend these restrictions internationally but was opposed by the industry in the United States and so Franklin Roosevelt withdrew from the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Relations Of Iran
The foreign relations of Iran are the economic and diplomatic relationships between the Iranian government and governments of other countries. Geography is a very significant factor in informing Iran's foreign policy. Following the 1979 Iranian Revolution, the newly formed Islamic Republic, under the leadership of Ayatollah Khomeini, dramatically reversed the pro-American foreign policy of the last Shah of Iran Mohammad Reza Pahlavi. Since then the country's policies have oscillated between the two opposing tendencies of revolutionary ardour to eliminate Western and non-Muslim influences while promoting the Islamic revolution abroad, and pragmatism, which would advance economic development and normalization of relations. Iran's bilateral dealings are accordingly sometimes confused and contradictory. Iran currently maintains diplomatic relations with 97 countries. According to data published by the Reputation Institute, Iran is the world's second least internationally reputable c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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