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William Fraser, 1st Baron Strathalmond
William Fraser, 1st Baron Strathalmond, MBE (3 November 1888 – 1 April 1970), was a Scottish businessman and a leading expert on the oil industry. He served as chairman of the Anglo-Iranian Oil Company (known as BP from 1954) from 1941 to 1956.
==Biography==
Fraser was the second son of William Fraser, of Glasgow, the founder of the Pumpherston Oil Company, and his wife Janet Loch. He joined his father's firm in 1909 and became a director in 1913 and joint managing director in 1915. He was awarded the MBE in 1918 for his work in increasing oil supply during the First World War. Fraser joined the board of the Anglo-Persian Oil Company in 1923. He became deputy chairman (to John Cadman) in 1928, and played a great role in expanding the oil production in Iran, Iraq and Kuwait, becoming known as a leading expert on Middle East oil. In 1941 he succeeded Cadman as chairman, a post he retained until 1956 (the firm was renamed the British Petroleum Company in 1954). Fraser was also an adviser on oil affairs to the British government for many years, notably as petroleum adviser to the War Office and as chairman of the Oil Advisory Committee.
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