Caribbean Petroleum Corporation (CAPECO) is an oil company in Puerto Rico which owned an oil refinery in Bayamón having a capacity of 48 thousand barrels per day (7.6×10^3 m3/d).
In addition, it operated more than 200 service stations in Puerto Rico under the Gulf brand name.
On October 23, 2009, an explosion took place in the refinery destroying 11 storage tanks.
The Bayamón refinery was originally built in 1955 to supply the Puerto Rico Electric Power Authority Palo Seco and San Juan Power Plant.
[1][2] On October 23, 2009, one of the tanks in the refinery exploded due to a faulty gauge, leading to a massive fire that destroyed most of the facility.