The Anglo-Persian Oil Company (APOC) was founded in
1909 following the discovery of a large
oil field in
Masjed Soleiman,
Iran. It was the first company using the oil reserves of the
Middle East. APOC was renamed 1935 in Anglo-Iranian Oil Company (AIOC) and eventually became the British Petroleum Company (BP) in 1954, as one root of the
BP Company today.
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