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British Petrochemical Corporation registered on April 14, 1909, as the Anglo-Persian Oil Company, Ltd. It was named the Anglo-Iranian Oil Company, Ltd., in 1935 and changed its name to the British Petroleum Company Limited in 1954. The current name was adopted in 1982. The company's headquarters are in London. The Anglo-Persian Oil Company was formed in 1909 to take over and finance an oil-field concession granted in 1901 by the Iranian government to an English investor, William Knox D'Arcy. (Britannica)

In 1914 the British government became the company's principal stockholder and over the years was usually the largest single stockholder. Effective January 1, 1955, British Petroleum became a holding company. In the beginning of the 1977 the British government reduced its ownership of BP by selling shares to the public, and in the late 1980s the government turned over BP entirely to private ownership by selling its remaining shares of the company. In 1987 BP acquired the remainder......

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Approximate Word Count: 2621
Approximate Pages: 11 (250 words per double-spaced page)

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