Since the late 1920’s, petroleum refining has been a mayor economic activity on Aruba. A subsidiary of Exxon Corporation (Lago Oil and Transport Co.) started operation of a large refinery, processing mainly crude oil from Venezuela and selling most of the refined products to the United States of America. Developments over years in market conditions and company goals have conducted to changes in the refinery operation. Currently the refinery is being operated by Valero Corporation. http://www.valero.com/OurBusiness/OurLocations/Refineries/Pages/Aruba.aspx |
Investment Promotion 