International Petroleum Company, Ltd. (IPC) was a subsidiary of Standard Oil of New Jersey, based in Toronto, Canada.

In that country, it exploited the La Brea and Pariñas field (among others), establishing its processing centre and refinery in Talara for the production of petroleum derivatives.

The company was the protagonist of a strong scandal when it refused to pay the full amount of taxes to which it was obliged, according to the Peruvian State.

In that same year, after the coup d'état of October 3 that deposed Belaúnde and brought Juan Velasco Alvarado to power, the latter ordered the military takeover of the Talara facilities.

[2] IPC ceased its operations in the country, and its expropriated assets were transformed into Petróleos del Perú (Petroperú).