AIOC meaning in Business ?

Answer:

What is Anglo-Iranian Oil Company mean?

The Anglo-Persian Oil Company (APOC) was a British company founded in 1908 following the discovery of a large oil field in Masjed Soleiman, Iran. The British government purchased 51% of the company in 1914, gaining a controlling number of shares, effectively nationalizing the company. It was the first company to extract petroleum from Iran. In 1935 APOC was renamed the "Anglo-Iranian Oil Company" (AIOC) when Reza Shah Pahlavi formally asked foreign countries to refer to Persia by its endonym Iran.

In 1954, it was renamed again to the "British Petroleum Company", one of the antecedents of the modern BP public limited company. The government of Mohammad Mosaddegh nationalized the company's local infrastructure assets and gave the new company the name National Iranian Oil Company

reference

Full Form	Category
Academic Initiatives Oversight Committee	Academic & Science
Anglo-Iranian Oil Company	Business
All India Ophthalmological Conference	Community
All India Oriental Conference	Community
Association of Island Obedience Clubs	Community
Australian Informatics Olympiad Committee	Community
Associazione Insigniti Onorificenze Cavalleresche	General
Azerbaijan International Oil Consortium	General
Advanced Infantry Officers' Course	General
Accademia Italiana Optometristi Contattologi	General
Art Institute of California	Governmental
Associate of the Institute Of Carpenters	Governmental
Azerbaijan International Oil Co	International
Azerbiajan International Operating Company	International
Azerbaijan International Operating Company	International
All India Optometry Conference	Medical
The Atlanta International Olympic Committee	Sports