First Oil Congress in the World
First Oil Congress in the World
Author(s): Mir-Yusif Mir-BabayevSubject(s): Business Economy / Management, Energy and Environmental Studies, Economic history, Environmental and Energy policy, 19th Century, Pre-WW I & WW I (1900 -1919)
Published by: Editura Academiei Române
Keywords: oil congresses; Council of the Oil Congress; Baku oilmen (industrialists); Baku Branch of Imperial Russian Technical Society; Baku-Batum pipeline; Nobels and Rothschild companies;
Summary/Abstract: A lot of companies, large and small, sprung up during Baku’s first oil boom in the 19th century. Though rivalry was often fierce, the oil industrialists soon realized that they could advance many of their interests better through co-operation than competition. Thus, the first Congress of Baku Oil Industrialists was held from 26 October to 8 November 1884. The congresses continued to function more or less every year up to the Bolshevik revolution of 1917. At that time Baku was part of imperial Russia and the biggest names in the empire’s oil industry – the Nobels and Rothschilds – took part in the Baku congresses, a sign of the meetings’ importance.
Journal: NOEMA
- Issue Year: XXI/2022
- Issue No: 2
- Page Range: 44-52
- Page Count: 9
- Language: English
