Abu Dhabi Petroleum Company | Wikipedia audio article
Channel: wikipedia tts
Date: 19/01/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Iraq_Petroleum_Company


00:01:09 1 History
00:01:18 1.1 Turkish Petroleum Company
00:04:35 1.2 Oil found in 1927
00:06:00 1.3 Red Line Agreement and the creation of IPC
00:09:03 1.4 Delayed production start
00:12:42 1.5 IPC partner disputes
00:15:22 1.6 IPC Group operations outside Iraq
00:19:30 1.7 IPC-Government relations
00:21:24 1.8 The Qasim era
00:24:12 1.9 1972 nationalization
00:26:52 2 IPC today
00:28:08 3 Publications and films
00:29:40 4 See also



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SUMMARY
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The Iraq Petroleum Company (IPC), known prior to 1929 as the Turkish Petroleum Company (TPC), is an oil company which, between 1925 and 1961, had a virtual monopoly on all oil exploration and production in Iraq. Today, it is jointly owned by some of the world's largest oil companies and is headquartered in London, England.
In June 1972, the Ba'athist government in Iraq nationalised the IPC and its operations were taken over by the Iraq National Oil Company. The company "Iraq Petroleum Company" still remains extant, however, 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 areas of the Middle East outside Iraq.