, Case Study
...British Petroleum, which is due to celebrate its centennial in 2008, is singularly responsible for the discovery of much of the Middle East's oil wealth. As Heiss (1997) explains, the discovery of oil in Iraq, Iran, Kuwait and Saudi Arabia, is part of BP's long history. It need be noted, however, that the aforementioned history is far from a proud one insofar as BP's activities were closely linked to British colonialism and, indeed, were sustained and supported by the imperialist framework. What this means is that BP received concessions not available to any other non-British company, including national ones, and obtained drilling and exploitation licenses which were even denied to local... ...