94-532: The National Iranian Oil Company ( NIOC ; Persian : شرکت ملّی نفت ایران , romanized : Sherkat-e Melli-ye Naft-e Irān ) is a government-owned national oil and natural gas producer and distributor under the direction of the Ministry of Petroleum of Iran . NIOC was established in 1951 and restructured under The Consortium Agreement of 1954 . NIOC ranks as the world's second largest oil company , after Saudi Arabia 's state-owned Aramco . The NIOC
188-476: A global strategic petroleum reserve with the construction of 15 crude oil storage tanks with a planned capacity of 10 million barrels (1,600,000 m). The storage capacity of oil products in the country is around 11.5 billion liters (2011), but it will reach 16.7 billion liters by the end of the Fifth Five Year Development Plan (2010–2015) . As of 2012, Iran is capable of storing crude oil in
282-638: A Dari dialect. In the 19th century, under the Qajar dynasty , the dialect that is spoken in Tehran rose to prominence. There was still substantial Arabic vocabulary, but many of these words have been integrated into Persian phonology and grammar. In addition, under the Qajar rule, numerous Russian , French , and English terms entered the Persian language, especially vocabulary related to technology. The first official attentions to
376-729: A consortium of companies, founded in October 1954, to bring back Iranian oil to the international market. It was incorporated in London as a holding company called Iranian Oil Participants (IOP). The founding members of IOP included British Petroleum (40%), Gulf (later Chevron, 8%), Royal Dutch Shell (14%), and Compagnie Française des Pétroles (later Total , 6%). The four Aramco partners – Standard Oil of California (SoCal, later Chevron ) – Standard Oil of New Jersey (later Exxon , then ExxonMobil ) – Standard Oil Co. of New York (later Mobil, then ExxonMobil) – Texaco (later Chevron) – each held an 8% stake in
470-418: A dictionary called Words of Scientific Association ( لغت انجمن علمی ), which was completed in the future and renamed Katouzian Dictionary ( فرهنگ کاتوزیان ). The first academy for the Persian language was founded on 20 May 1935, under the name Academy of Iran . It was established by the initiative of Reza Shah Pahlavi , and mainly by Hekmat e Shirazi and Mohammad Ali Foroughi , all prominent names in
564-500: A language name is first attested in English in the mid-16th century. Farsi , which is the Persian word for the Persian language, has also been used widely in English in recent decades, more often to refer to Iran's standard Persian. However, the name Persian is still more widely used. The Academy of Persian Language and Literature has maintained that the endonym Farsi is to be avoided in foreign languages, and that Persian
658-417: A literary language considerably different from the spoken Persian of the time. This became the basis of what is now known as "Contemporary Standard Persian". There are three standard varieties of modern Persian: All these three varieties are based on the classic Persian literature and its literary tradition. There are also several local dialects from Iran, Afghanistan and Tajikistan which slightly differ from
752-513: A parent company material influence if they are the largest individual shareholder or if they are placed in control of the running of the operation by non-operational shareholders.) In the United Kingdom, the term holding company is defined by the Companies Act 2006 at section 1159. It defines a holding company as a company that holds a majority of the voting rights in another company, or
846-529: A period of several centuries, Ottoman Turkish (which was highly Persianised itself) had developed toward a fully accepted language of literature, and which was even able to lexically satisfy the demands of a scientific presentation. However, the number of Persian and Arabic loanwords contained in those works increased at times up to 88%. In the Ottoman Empire, Persian was used at the royal court, for diplomacy, poetry, historiographical works, literary works, and
940-580: A speaker of Persian. Persian is a member of the Western Iranian group of the Iranian languages , which make up a branch of the Indo-European languages in their Indo-Iranian subdivision . The Western Iranian languages themselves are divided into two subgroups: Southwestern Iranian languages, of which Persian is the most widely spoken, and Northwestern Iranian languages, of which Kurdish and Balochi are
1034-431: A year to develop fields and $ 10 billion on maintaining output. In the next decade, maintaining production will cost $ 50 billion, with a similar sum required for development. This does not include development and investment costs in related fields such as Petrochemicals . Although usually neglected and overlooked, Iran also has a number of very active private companies in the oil sector. The growing private sector activity
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#17328483001571128-605: Is a Western Iranian language belonging to the Iranian branch of the Indo-Iranian subdivision of the Indo-European languages . Persian is a pluricentric language predominantly spoken and used officially within Iran , Afghanistan , and Tajikistan in three mutually intelligible standard varieties , respectively Iranian Persian (officially known as Persian ), Dari Persian (officially known as Dari since 1964), and Tajiki Persian (officially known as Tajik since 1999). It
1222-644: Is a continuation of Middle Persian , an official language of the Sasanian Empire (224–651 CE), itself a continuation of Old Persian , which was used in the Achaemenid Empire (550–330 BCE). It originated in the region of Fars ( Persia ) in southwestern Iran. Its grammar is similar to that of many European languages. Throughout history, Persian was considered prestigious by various empires centered in West Asia , Central Asia , and South Asia . Old Persian
1316-610: Is a direct descendant of Middle and Old Persian. Gernot Windfuhr considers new Persian as an evolution of the Old Persian language and the Middle Persian language but also states that none of the known Middle Persian dialects is the direct predecessor of Modern Persian. Ludwig Paul states: "The language of the Shahnameh should be seen as one instance of continuous historical development from Middle to New Persian." The known history of
1410-624: Is a member of another company and has the right to appoint or remove a majority of its board of directors, or is a member of another company and controls alone, pursuant to an agreement with other members, a majority of the voting rights in that company. After the financial crisis of 2007–2008 , many U.S. investment banks converted to holding companies. According to the Federal Financial Institutions Examination Council 's website, JPMorgan Chase , Bank of America , Citigroup , Wells Fargo , and Goldman Sachs were
1504-636: Is also cooperating with foreign companies to transfer technology to Iranian oil industry . The objective is to become self-sufficient by 85% before 2015. The strategic goods include onshore and offshore drilling rigs , pumps , turbines and precision tools . Domestic production of 52 petrochemical catalysts will be started in 2013. In 2019, the government sub-contracted projects worth 6.2 billion to domestic contractors. Pending projects include domestication of wellhead equipment, desalinating packages, anti-corrosions, sulfur recovery catalysts, wellhead control panels, among others. According to NIOC in 2019, Iran
1598-812: Is also spoken natively in the Tajik variety by a significant population within Uzbekistan , as well as within other regions with a Persianate history in the cultural sphere of Greater Iran . It is written officially within Iran and Afghanistan in the Persian alphabet , a derivative of the Arabic script , and within Tajikistan in the Tajik alphabet , a derivative of the Cyrillic script . Modern Persian
1692-654: Is attested in Old Persian cuneiform on inscriptions from between the 6th and 4th century BC. Middle Persian is attested in Aramaic -derived scripts ( Pahlavi and Manichaean ) on inscriptions and in Zoroastrian and Manichaean scriptures from between the third to the tenth centuries (see Middle Persian literature ). New Persian literature was first recorded in the ninth century, after the Muslim conquest of Persia , since then adopting
1786-430: Is completely owned by Iranian government . NIOC's General Assembly (GA) consists of: The GA is its highest decision-making body, determining the company's general policy guide lines, and approving the annual budgets, operations and financial statements and balance sheets. The company's board of directors has the authority and major responsibilities to approve the operational schemes within the general framework ratified by
1880-425: Is conventionally divided into three stages: Early New Persian remains largely intelligible to speakers of Contemporary Persian, as the morphology and, to a lesser extent, the lexicon of the language have remained relatively stable. New Persian texts written in the Arabic script first appear in the 9th-century. The language is a direct descendant of Middle Persian, the official, religious, and literary language of
1974-471: Is defined by Part 1, Section 5, Subsection 1 of the Companies Act, which states: 5.—(1) For the purposes of this Act, a corporation shall, subject to subsection (3), be deemed to be a subsidiary of another corporation, if — In the United Kingdom, is generally held that an organisation holding a 'controlling stake' in a company (a holding of over 51% of the stock) is in effect the de facto parent company of
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#17328483001572068-467: Is exclusively responsible for the exploration, drilling, production, distribution and export of crude oil, as well as exploration, extraction and sales of natural gas and liquefied natural gas (LNG). NIOC exports its surplus production according to commercial considerations determined by the OPEC and at the prices prevalent in the international markets. In early 2015 NIOC's recoverable liquid hydrocarbon reserves
2162-501: Is mainly active in projects involving the construction of oil field units, refinery equipment, tanks and pipelines, as well as engineering. Iranian manufacturers will supply oil industry with $ 10 billion worth of domestically made goods and equipment in 2012. NIOC produces 60–70% of its industrial equipment domestically including towers, reactors, various turbines , refineries, oil tankers , oil rigs , offshore platforms, valves , pipelines , generators and exploration instruments. Iran
2256-455: Is not actually attested until 600 years later when it appears in the Sassanid era (224–651 AD) inscriptions, so any form of the language before this date cannot be described with any degree of certainty. Moreover, as a literary language, Middle Persian is not attested until much later, in the 6th or 7th century. From the 8th century onward, Middle Persian gradually began yielding to New Persian, with
2350-468: Is one of Afghanistan's two official languages, together with Pashto . The term Dari , meaning "of the court", originally referred to the variety of Persian used in the court of the Sasanian Empire in capital Ctesiphon , which was spread to the northeast of the empire and gradually replaced the former Iranian dialects of Parthia ( Parthian ). Tajik Persian ( форси́и тоҷикӣ́ , forsi-i tojikī ),
2444-570: Is one of the earliest attested Indo-European languages. According to certain historical assumptions about the early history and origin of ancient Persians in Southwestern Iran (where Achaemenids hailed from), Old Persian was originally spoken by a tribe called Parsuwash , who arrived in the Iranian Plateau early in the 1st millennium BCE and finally migrated down into the area of present-day Fārs province. Their language, Old Persian, became
2538-486: Is the appropriate designation of the language in English, as it has the longer tradition in western languages and better expresses the role of the language as a mark of cultural and national continuity. Iranian historian and linguist Ehsan Yarshater , founder of the Encyclopædia Iranica and Columbia University 's Center for Iranian Studies, mentions the same concern in an academic journal on Iranology , rejecting
2632-451: Is third on the list of companies with the highest level of CO 2 emissions globally with 739 million tonnes (727,000,000 long tons; 815,000,000 short tons) in 2013, amounting to more than 3.1% of worldwide anthropogenic emissions. Persian language Russia Persian ( / ˈ p ɜːr ʒ ən , - ʃ ən / PUR -zhən, -shən ), also known by its endonym Farsi ( فارسی , Fārsī [fɒːɾˈsiː] ),
2726-486: The Encyclopædia Iranica notes that the Iranian, Afghan, and Tajiki varieties comprise distinct branches of the Persian language, and within each branch a wide variety of local dialects exist. The following are some languages closely related to Persian, or in some cases are considered dialects: More distantly related branches of the Iranian language family include Kurdish and Balochi . The Glottolog database proposes
2820-502: The Kalila wa Dimna . The language spread geographically from the 11th century on and was the medium through which, among others, Central Asian Turks became familiar with Islam and urban culture. New Persian was widely used as a trans-regional lingua franca , a task aided due to its relatively simple morphology, and this situation persisted until at least the 19th century. In the late Middle Ages, new Islamic literary languages were created on
2914-651: The British colonization , Persian was widely used as a second language in the Indian subcontinent . It took prominence as the language of culture and education in several Muslim courts on the subcontinent and became the sole "official language" under the Mughal emperors . The Bengal Sultanate witnessed an influx of Persian scholars, lawyers, teachers, and clerics. Thousands of Persian books and manuscripts were published in Bengal. The period of
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3008-766: The Persian Gulf for a period of 10–12 days. The figure should hit 30–40 days after the construction of new storage facilities are completed. NIOC holds about 1,000 × 10 ^ cu ft (28,000 km) of proven Natural gas reserves of which 36% are as associated gas and 64% is in non-associated gas fields. It stands for world's second largest reserves after Russia. NIOC's ten biggest Non-Associated Gas Fields; Since 1995, National Iranian Oil Company (NIOC) has made significant oil and gas discoveries, standing for some 84-billion-barrels (1.34 × 10 m) of oil in place and at least 175 × 10 ^ cu ft (5,000 km) of gas in place, which are listed below. The company
3102-655: The Sultanate of Rum , Turkmen beyliks of Anatolia , Delhi Sultanate , the Shirvanshahs , Safavids , Afsharids , Zands , Qajars , Khanate of Bukhara , Khanate of Kokand , Emirate of Bukhara , Khanate of Khiva , Ottomans , and also many Mughal successors such as the Nizam of Hyderabad . Persian was the only non-European language known and used by Marco Polo at the Court of Kublai Khan and in his journeys through China. A branch of
3196-688: The Turkic , Armenian , Georgian , & Indo-Aryan languages . It also exerted some influence on Arabic, while borrowing a lot of vocabulary from it in the Middle Ages. Some of the world's most famous pieces of literature from the Middle Ages, such as the Shahnameh by Ferdowsi , the works of Rumi , the Rubáiyát of Omar Khayyám , the Panj Ganj of Nizami Ganjavi , The Divān of Hafez , The Conference of
3290-476: The broadcast licenses to reflect this, resulting in stations that are (for example) still licensed to Jacor and Citicasters , effectively making them such as subsidiary companies of their owner iHeartMedia . This is sometimes done on a per- market basis. For example, in Atlanta both WNNX and later WWWQ are licensed to "WNNX LiCo, Inc." (LiCo meaning "license company"), both owned by Susquehanna Radio (which
3384-483: The ezāfe construction, expressed through ī (modern e/ye ), to indicate some of the relations between words that have been lost with the simplification of the earlier grammatical system. Although the "middle period" of the Iranian languages formally begins with the fall of the Achaemenid Empire, the transition from Old to Middle Persian had probably already begun before the 4th century BC. However, Middle Persian
3478-442: The shareholders , and can permit the ownership and control of a number of different companies. The New York Times uses the term parent holding company . Holding companies can be subsidiaries in a tiered structure . Holding companies are also created to hold assets such as intellectual property or trade secrets , that are protected from the operating company. That creates a smaller risk when it comes to litigation . In
3572-585: The " Persianized " Turko-Mongol dynasties during the 12th to 15th centuries, and under restored Persian rule during the 16th to 19th centuries. Persian during this time served as lingua franca of Greater Persia and of much of the Indian subcontinent . It was also the official and cultural language of many Islamic dynasties, including the Samanids, Buyids , Tahirids , Ziyarids , the Mughal Empire , Timurids , Ghaznavids , Karakhanids , Seljuqs , Khwarazmians ,
3666-646: The AIOC, contested the nationalization at the International Court of Justice at The Hague , but its complaint was dismissed. By the spring of 1953, incoming US President Dwight D. Eisenhower authorised the Central Intelligence Agency (CIA), to organise a coup against the Mossadeq government, the 1953 Iranian coup d'état . In August 1953, the coup brought pro-Western general Fazlollah Zahedi to power as
3760-672: The Birds by Attar of Nishapur , and the miscellanea of Gulistan and Bustan by Saadi Shirazi , are written in Persian. Some of the prominent modern Persian poets were Nima Yooshij , Ahmad Shamlou , Simin Behbahani , Sohrab Sepehri , Rahi Mo'ayyeri , Mehdi Akhavan-Sales , and Forugh Farrokhzad . There are approximately 130 million Persian speakers worldwide, including Persians , Lurs , Tajiks , Hazaras , Iranian Azeris , Iranian Kurds , Balochs , Tats , Afghan Pashtuns , and Aimaqs . The term Persophone might also be used to refer to
3854-1053: The General Assembly, approve transactions and contracts, and prepare budgets and Board reports and annual balance sheets for presentation to the General Assembly. The Board supervises the implementation of general policy guidelines defined by the General Assembly, and pursues executive operations via the company's Managing Director . With appropriate division of tasks and delegation of responsibilities to subsidiaries- affiliates, NIOC has been able to establish acceptable degrees of coordination within its organizational set up. In fact, NIOC's Directors act primarily in policy making and supervision while subsidiaries act as their executive arm in coordinating an array of operations such as exploration , drilling , production and delivery of crude oil and natural gas , for export and domestic consumption. The NIOC's subsidiaries are as follows: The cost of producing each barrel will rise to $ 30 or more from $ 7 in 2012. Iran currently allocates $ 20 billion
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3948-558: The Middle Ages, and is because of the lack of the phoneme /p/ in Standard Arabic. The standard Persian of Iran has been called, apart from Persian and Farsi , by names such as Iranian Persian and Western Persian , exclusively. Officially, the official language of Iran is designated simply as Persian ( فارسی , fārsi ). The standard Persian of Afghanistan has been officially named Dari ( دری , dari ) since 1958. Also referred to as Afghan Persian in English, it
4042-532: The Ottoman Empire all spoke Persian, such as Sultan Selim I , despite being Safavid Iran's archrival and a staunch opposer of Shia Islam . It was a major literary language in the empire. Some of the noted earlier Persian works during the Ottoman rule are Idris Bidlisi 's Hasht Bihisht , which began in 1502 and covered the reign of the first eight Ottoman rulers, and the Salim-Namah , a glorification of Selim I. After
4136-521: The Persian language can be divided into the following three distinct periods: As a written language , Old Persian is attested in royal Achaemenid inscriptions. The oldest known text written in Old Persian is from the Behistun Inscription , dating to the time of King Darius I (reigned 522–486 BC). Examples of Old Persian have been found in what is now Iran , Romania ( Gherla ), Armenia , Bahrain , Iraq , Turkey, and Egypt . Old Persian
4230-425: The Persian language, a language historically called Dari, emerged in present-day Afghanistan. The first significant Persian poet was Rudaki . He flourished in the 10th century, when the Samanids were at the height of their power. His reputation as a court poet and as an accomplished musician and singer has survived, although little of his poetry has been preserved. Among his lost works are versified fables collected in
4324-401: The Persian model: Ottoman Turkish , Chagatai Turkic , Dobhashi Bengali , and Urdu, which are regarded as "structural daughter languages" of Persian. "Classical Persian" loosely refers to the standardized language of medieval Persia used in literature and poetry . This is the language of the 10th to 12th centuries, which continued to be used as literary language and lingua franca under
4418-848: The Perso-Arabic script. Persian was the first language to break through the monopoly of Arabic on writing in the Muslim world , with Persian poetry becoming a tradition in many eastern courts. It was used officially as a language of bureaucracy even by non-native speakers, such as the Ottomans in Anatolia , the Mughals in South Asia, and the Pashtuns in Afghanistan. It influenced languages spoken in neighboring regions and beyond, including other Iranian languages,
4512-479: The Sasanian Empire (224–651). However, it is not descended from the literary form of Middle Persian (known as pārsīk , commonly called Pahlavi), which was spoken by the people of Fars and used in Zoroastrian religious writings. Instead, it is descended from the dialect spoken by the court of the Sasanian capital Ctesiphon and the northeastern Iranian region of Khorasan , known as Dari. The region, which comprised
4606-575: The Sassanids (who were Persians, i.e. from the southwest) from the preceding Arsacids (who were Parthians, i.e. from the northeast). While Ibn al-Muqaffa' (eighth century) still distinguished between Pahlavi (i.e. Parthian) and Persian (in Arabic text: al-Farisiyah) (i.e. Middle Persian), this distinction is not evident in Arab commentaries written after that date. "New Persian" (also referred to as Modern Persian)
4700-457: The Seljuks, the Sultanate of Rum , took Persian language, art, and letters to Anatolia. They adopted the Persian language as the official language of the empire. The Ottomans , who can roughly be seen as their eventual successors, inherited this tradition. Persian was the official court language of the empire, and for some time, the official language of the empire. The educated and noble class of
4794-502: The United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits such as tax-free dividends can be claimed. That is, if Company A owns 80% or more of the stock of Company B, Company A will not pay taxes on dividends paid by Company B to its stockholders, as the payment of dividends from B to A is essentially transferring cash within a single enterprise. Any other shareholders of Company B will pay
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#17328483001574888-493: The area of Lake Urmia in the records of Shalmaneser III . The exact identity of the Parsuwash is not known for certain, but from a linguistic viewpoint the word matches Old Persian pārsa itself coming directly from the older word * pārćwa . Also, as Old Persian contains many words from another extinct Iranian language, Median , according to P. O. Skjærvø it is probable that Old Persian had already been spoken before
4982-457: The code fas for the dialects spoken across Iran and Afghanistan. This consists of the individual languages Dari ( prs ) and Iranian Persian ( pes ). It uses tgk for Tajik, separately. In general, the Iranian languages are known from three periods: namely Old, Middle, and New (Modern). These correspond to three historical eras of Iranian history ; Old era being sometime around the Achaemenid Empire (i.e., 400–300 BC), Middle era being
5076-512: The collapse of the Sassanid state, Parsik came to be applied exclusively to (either Middle or New) Persian that was written in the Arabic script . From about the 9th century onward, as Middle Persian was on the threshold of becoming New Persian, the older form of the language came to be erroneously called Pahlavi , which was actually but one of the writing systems used to render both Middle Persian as well as various other Middle Iranian languages. That writing system had previously been adopted by
5170-651: The creation of the consortium, during 1954–55, were considered a feat of skillful diplomacy. In Iran, IOP continued to operate until the Islamic Revolution in 1979. The new regime of Ayatollah Khomeini confiscated all of the company's assets in Iran. According to the IOP's Web site: The victory of the Islamic revolution annulled the Consortium Agreement of 1954 and all regulations pertaining to it. The revolution led to
5264-632: The extent of its influence on certain languages of the Indian subcontinent. Words borrowed from Persian are still quite commonly used in certain Indo-Aryan languages, especially Hindi - Urdu (also historically known as Hindustani ), Punjabi , Kashmiri , and Sindhi . There is also a small population of Zoroastrian Iranis in India, who migrated in the 19th century to escape religious execution in Qajar Iran and speak
5358-431: The firm, having overriding material influence over the held company's operations, even if no formal full takeover has been enacted. Once a full takeover or purchase is enacted, the held company is seen to have ceased to operate as an independent entity but to have become a tending subsidiary of the purchasing company, which, in turn, becomes the parent company of the subsidiary. (A holding below 50% could be sufficient to give
5452-458: The first body) is a subsidiary of another body corporate if, and only if: Toronto-based lawyer Michael Finley has stated, "The emerging trend that has seen international plaintiffs permitted to proceed with claims against Canadian parent companies for the allegedly wrongful activity of their foreign subsidiaries means that the corporate veil is no longer a silver bullet to the heart of a plaintiff's case." The parent subsidiary company relationship
5546-605: The five largest bank holding companies in the finance sector, as of December 2013 , based on total assets. The Public Utility Holding Company Act of 1935 caused many energy companies to divest their subsidiary businesses. Between 1938 and 1958 the number of holding companies declined from 216 to 18. An energy law passed in 2005 removed the 1935 requirements, and has led to mergers and holding company formation among power marketing and power brokering companies. In US broadcasting , many major media conglomerates have purchased smaller broadcasters outright, but have not changed
5640-589: The following phylogenetic classification: Holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own stock of other companies to form a corporate group . In some jurisdictions around the world, holding companies are called parent companies , which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for
5734-455: The following requirements are met: A parent company is a company that owns enough voting power in another firm (or subsidiary ) to control management and operations by influencing or electing its board of directors . The definition of a parent company differs from jurisdiction to jurisdiction, with the definition normally being defined by way of laws dealing with companies in that jurisdiction. When an existing company establishes
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#17328483001575828-562: The formation of many modern languages in West Asia, Europe, Central Asia , and South Asia . Following the Turko-Persian Ghaznavid conquest of South Asia , Persian was firstly introduced in the region by Turkic Central Asians. The basis in general for the introduction of Persian language into the subcontinent was set, from its earliest days, by various Persianized Central Asian Turkic and Afghan dynasties. For five centuries prior to
5922-471: The formation of the Achaemenid Empire and was spoken during most of the first half of the first millennium BCE. Xenophon , a Greek general serving in some of the Persian expeditions, describes many aspects of Armenian village life and hospitality in around 401 BCE, which is when Old Persian was still spoken and extensively used. He relates that the Armenian people spoke a language that to his ear sounded like
6016-651: The holding company. All IOP members acknowledged that NIOC owned the oil and facilities in Iran, and IOP's role was to operate and manage them on behalf of NIOC. To facilitate that, IOP established two operating entities incorporated in the Netherlands, and both were delegated to NIOC. Similar to the Saudi-Aramco "50/50" agreement of 1950 , the IOP consortium agreed to share profits on a 50–50 basis with Iran, "but not to open its books to Iranian auditors or to allow Iranians onto its board of directors". The negotiations leading to
6110-410: The language of the Persians. Related to Old Persian, but from a different branch of the Iranian language family, was Avestan , the language of the Zoroastrian liturgical texts. The complex grammatical conjugation and declension of Old Persian yielded to the structure of Middle Persian in which the dual number disappeared, leaving only singular and plural, as did gender. Middle Persian developed
6204-432: The middle-period form only continuing in the texts of Zoroastrianism . Middle Persian is considered to be a later form of the same dialect as Old Persian. The native name of Middle Persian was Parsig or Parsik , after the name of the ethnic group of the southwest, that is, "of Pars ", Old Persian Parsa , New Persian Fars . This is the origin of the name Farsi as it is today used to signify New Persian. Following
6298-411: The most widely spoken. The term Persian is an English derivation of Latin Persiānus , the adjectival form of Persia , itself deriving from Greek Persís ( Περσίς ), a Hellenized form of Old Persian Pārsa ( 𐎱𐎠𐎼𐎿 ), which means " Persia " (a region in southwestern Iran, corresponding to modern-day Fars ). According to the Oxford English Dictionary , the term Persian as
6392-411: The nationalist movement of the time. The academy was a key institution in the struggle to re-build Iran as a nation-state after the collapse of the Qajar dynasty. During the 1930s and 1940s, the academy led massive campaigns to replace the many Arabic , Russian , French , and Greek loanwords whose widespread use in Persian during the centuries preceding the foundation of the Pahlavi dynasty had created
6486-448: The necessity of protecting the Persian language against foreign words, and to the standardization of Persian orthography , were under the reign of Naser ed Din Shah of the Qajar dynasty in 1871. After Naser ed Din Shah, Mozaffar ed Din Shah ordered the establishment of the first Persian association in 1903. This association officially declared that it used Persian and Arabic as acceptable sources for coining words. The ultimate goal
6580-489: The new PM, along with the return to Iran of the Shah Mohammad Reza Pahlavi from his brief exile in Italy. The anti-Mossadeq plan was orchestrated by the CIA under the code-name Operation Ajax , and by the British SIS (MI6) as Operation Boot. In 1954, the AIOC became British Petroleum . The return of the shah had not meant that British Petroleum was able to monopolise Iranian oil as before. Under pressure from United States, British Petroleum reluctantly accepted membership in
6674-414: The next period most officially around the Sasanian Empire , and New era being the period afterward down to present day. According to available documents, the Persian language is "the only Iranian language" for which close philological relationships between all of its three stages are established and so that Old, Middle, and New Persian represent one and the same language of Persian; that is, New Persian
6768-713: The northern part of Greece). Vardar Yenicesi differed from other localities in the Balkans insofar as that it was a town where Persian was also widely spoken. However, the Persian of Vardar Yenicesi and throughout the rest of the Ottoman-held Balkans was different from formal Persian both in accent and vocabulary. The difference was apparent to such a degree that the Ottomans referred to it as "Rumelian Persian" ( Rumili Farsisi ). As learned people such as students, scholars and literati often frequented Vardar Yenicesi, it soon became
6862-529: The official language of the Achaemenid kings. Assyrian records, which in fact appear to provide the earliest evidence for ancient Iranian (Persian and Median) presence on the Iranian Plateau, give a good chronology but only an approximate geographical indication of what seem to be ancient Persians. In these records of the 9th century BCE, Parsuwash (along with Matai , presumably Medians) are first mentioned in
6956-628: The present territories of northwestern Afghanistan as well as parts of Central Asia, played a leading role in the rise of New Persian. Khorasan, which was the homeland of the Parthians, was Persianized under the Sasanians. Dari Persian thus supplanted Parthian language , which by the end of the Sasanian era had fallen out of use. New Persian has incorporated many foreign words, including from eastern northern and northern Iranian languages such as Sogdian and especially Parthian. The transition to New Persian
7050-578: The region during the following centuries. Persian continued to act as a courtly language for various empires in Punjab through the early 19th century serving finally as the official state language of the Sikh Empire , preceding British conquest and the decline of Persian in South Asia. Beginning in 1843, though, English and Hindustani gradually replaced Persian in importance on the subcontinent. Evidence of Persian's historical influence there can be seen in
7144-589: The reign of Sultan Ghiyathuddin Azam Shah is described as the "golden age of Persian literature in Bengal". Its stature was illustrated by the Sultan's own correspondence and collaboration with the Persian poet Hafez ; a poem which can be found in the Divan of Hafez today. A Bengali dialect emerged among the common Bengali Muslim folk, based on a Persian model and known as Dobhashi ; meaning mixed language . Dobhashi Bengali
7238-416: The result of NIOC's study showed huge reserves upgrade adding about 317 billion barrels (5.04 × 10 m) of recoverable reserves to the Iranian oil reserves. After 2003 Iran made some significant discoveries which led to addition of another 7.7 billion barrels (1.22 × 10 m) of oil to the recoverable reserves of Iran. The vast majority of Iran's crude oil reserves are located in giant onshore fields in
7332-607: The site of a flourishing Persianate linguistic and literary culture. The 16th-century Ottoman Aşık Çelebi (died 1572), who hailed from Prizren in modern-day Kosovo , was galvanized by the abundant Persian-speaking and Persian-writing communities of Vardar Yenicesi, and he referred to the city as a "hotbed of Persian". Many Ottoman Persianists who established a career in the Ottoman capital of Constantinople (modern-day Istanbul ) pursued early Persian training in Saraybosna, amongst them Ahmed Sudi . The Persian language influenced
7426-676: The south-western Khuzestan region near the Iraqi border. Overall, Iran has 40 producing fields – 27 onshore and 13 offshore. Iran's crude oil is generally medium in sulfur and in the 28°-35 ° API range. As at 2012, 98 rigs are in operation in onshore fields, 24 in offshore fields and a single rig is in operation in the Caspian Sea . Iran plans to increase the number of its drilling rigs operating in its onshore and offshore oilfields by 36 units to reach 134 units by March 2014. Table 1- The biggest NIOC oil fields; Iran began in 2006 with plans to create
7520-561: The standard Persian of Tajikistan, has been officially designated as Tajik ( тоҷикӣ , tojikī ) since the time of the Soviet Union . It is the name given to the varieties of Persian spoken in Central Asia in general. The international language-encoding standard ISO 639-1 uses the code fa for the Persian language, as its coding system is mostly based on the native-language designations. The more detailed standard ISO 639-3 uses
7614-687: The standard Persian. The Hazaragi dialect (in Central Afghanistan and Pakistan), Herati (in Western Afghanistan), Darwazi (in Afghanistan and Tajikistan), Basseri (in Southern Iran), and the Tehrani accent (in Iran, the basis of standard Iranian Persian) are examples of these dialects. Persian-speaking peoples of Iran, Afghanistan, and Tajikistan can understand one another with a relatively high degree of mutual intelligibility . Nevertheless,
7708-478: The use of Farsi in foreign languages. Etymologically, the Persian term Farsi derives from its earlier form Pārsi ( Pārsik in Middle Persian ), which in turn comes from the same root as the English term Persian . In the same process, the Middle Persian toponym Pārs ("Persia") evolved into the modern name Fars. The phonemic shift from /p/ to /f/ is due to the influence of Arabic in
7802-491: The usual taxes on dividends, as they are legitimate and ordinary dividends to these shareholders. Sometimes, a company intended to be a pure holding company identifies itself as such by adding "Holding" or "Holdings" to its name. The parent company–subsidiary company relationship is defined by Part 1.2, Division 6, Section 46 of the Corporations Act 2001 (Cth) , which states: A body corporate (in this section called
7896-411: The withdrawal or expulsion of virtually all foreign employees from the oil industry with the new Iranian government assuming full control of its affairs. According to OPEC, NIOC recoverable liquid hydrocarbon reserves at the end of 2006 was 1,384 billion barrels (2.200 × 10 m). NIOC oil reserves at the beginning of 2001 was reported to be about 99 billion barrels (1.57 × 10 m), however in 2002
7990-617: Was 156.53 billion barrels (24.886 km) (10% of world's total) and recoverable gas reserves were 33.79 × 10 m (15% of world's total). As of 2012, the NIOC production capacity included over 4 million barrels (640 × 10 ^ m) of crude oil and in excess of 750 million cubic meters of natural gas per day. In May 1901, William Knox D'Arcy was granted a concession by Mozaffar ad-Din Shah Qajar to search for oil, which he discovered in May 1908. This
8084-578: Was already complete by the era of the three princely dynasties of Iranian origin, the Tahirid dynasty (820–872), Saffarid dynasty (860–903), and Samanid Empire (874–999). Abbas of Merv is mentioned as being the earliest minstrel to chant verse in the New Persian tongue and after him the poems of Hanzala Badghisi were among the most famous between the Persian-speakers of the time. The first poems of
8178-594: Was assassinated; and Mohammed Mossadeq , a nationalist, was elected as the new prime minister by the Majlis of Iran . In April 1951, the Majlis nationalized the Iranian oil industry by a unanimous vote, and the National Iranian Oil Company (NIOC) was formed, displacing the AIOC. The AIOC withdrew its management from Iran and organised an effective worldwide embargo of Iranian oil. The British government, which owned
8272-465: Was later sold to Cumulus Media ). In determining caps to prevent excessive concentration of media ownership , all of these are attributed to the parent company, as are leased stations , as a matter of broadcast regulation . In the United States, a personal holding company is defined in section 542 of the Internal Revenue Code . A corporation is a personal holding company if both of
8366-416: Was manufacturing 12,000 components and complicated equipment of the petroleum industry. In 2021, Iran announced that 820 domestic firms, including 182 knowledge-based , have manufactured 85% of the parts or equipments needed by the oil and gas sector, worth some $ 5 billion. The companies have generated some 80,000 and 250,000 jobs directly and indirectly, respectively. According to geographer Richard Heede,
8460-586: Was patronised and given official status under the Sultans of Bengal , and was a popular literary form used by Bengalis during the pre-colonial period, irrespective of their religion. Following the defeat of the Hindu Shahi dynasty, classical Persian was established as a courtly language in the region during the late 10th century under Ghaznavid rule over the northwestern frontier of the subcontinent . Employed by Punjabis in literature, Persian achieved prominence in
8554-671: Was reflected in the name change of the Anglo-Persian Oil Company (APOC) to the Anglo-Iranian Oil Company (AIOC). Following World War II, Iranian nationalism was on the rise, especially surrounding the Iranian natural resources being exploited by the foreign companies without adequately compensating Iranian taxpayers. AIOC and the pro western Iranian government led by Prime Minister Ali Razmara , initially resisted nationalist pressure to revise AIOC's concession terms still further in Iran's favour. In March 1951, Ali Razmara
8648-600: Was taught in state schools, and was also offered as an elective course or recommended for study in some madrasas . Persian learning was also widespread in the Ottoman-held Balkans ( Rumelia ), with a range of cities being famed for their long-standing traditions in the study of Persian and its classics, amongst them Saraybosna (modern Sarajevo , Bosnia and Herzegovina), Mostar (also in Bosnia and Herzegovina), and Vardar Yenicesi (or Yenice-i Vardar, now Giannitsa , in
8742-595: Was the first commercially significant find in the Middle East . In 1923, Burmah Oil employed future Prime Minister, Winston Churchill as a paid consultant; to lobby the British government to allow the Anglo-Persian Oil Company (APOC) to have exclusive rights to Persian oil resources, which were successfully granted. In 1935, Rezā Shāh requested the international community to refer to Persia as 'Iran', which
8836-484: Was to prevent books from being printed with wrong use of words. According to the executive guarantee of this association, the government was responsible for wrongfully printed books. Words coined by this association, such as rāh-āhan ( راهآهن ) for "railway", were printed in Soltani Newspaper ; but the association was eventually closed due to inattention. A scientific association was founded in 1911, resulting in
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