Organization

Anglo-Iranian Oil Company

British oil company that held Iran’s oil concession until Iran nationalized it in 1951. Later called BP.

4 links, 4 backed by primary records. 3 more in open data

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Also known as
AIOC, Anglo-Persian Oil Company
Wikidata
Q267380
Who holds Anglo-Iranian Oil Company

Connections 4

stakeholders

  • British government 50% Primary record 1

    The CIA historian Scott Koch writes that the British government owned half of the company’s stock.

involved in

became

  • BP renamed British Petroleum Primary record 2

    The CIA history gives the new name in its account of the 1954 oil agreement.

Proof 2 sources
  1. “Zendebad, Shah!”: The Central Intelligence Agency and the Fall of Iranian Prime Minister Mohammed Mossadeq, August 1953 (CIA History Staff, Scott A. Koch), Central Intelligence Agency, 1998. Primary record
    The British government owned half of AIOC's stock
    The AIOC laid off 20,000 oil workers at the port at Abadan and Mossadeq had to put them on the government payroll. Gradually, the flow of Iranian oil to the rest of the world stopped.
    he submitted a bill, which the Majlis quickly passed, nationalizing AIOC.
  2. The Battle for Iran (CIA History Staff, written in the mid-1970s; excised release 1981; this version released 2013), Central Intelligence Agency. Primary record
    British Petroleum, the new name of the AIOC, owned 40%
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