Iraq Petroleum Company

The Iraq Petroleum Company (IPC), prior to 1929 named the Turkish Petroleum Company (TPC); is an oil company headquartered in London, United Kingdom. It is jointly owned by some of the world's largest oil companies, and had virtual monopoly on all oil exploration and production in Iraq from 1925 to 1961.

The Iraq Petroleum Group of associated companies was involved in other parts of the Middle East, and played a major role in the discovery and development of oil resources in the region. IPC operations were taken over by the Iraq National Oil Company after they were nationalised by the Ba’athist government in June 1972. The company "Iraq Petroleum Company" still remains extant as a name on paper, and one associated company - Abu Dhabi Petroleum Company (ADPC), formerly Petroleum Development (Trucial Coast) Ltd - also continues with the original shareholding intact.

Read more about Iraq Petroleum Company:  IPC Today, Publications and Films

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