Puma Refinery and Gas station

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Puma Energy has greatly expanded its operations in Puerto Rico since it arrived on the island in 2008. The company has evolved from a wholesale provider to independent service stations to become one of the island’s largest oil retail and storage providers.

“We’ve come a long way in a short period of time,” General Manager Victor Dominguez says of the company’s diversification and growth, which began in 2010, when it purchased and rebranded six of the independent – or “white flag” – service stations it supplied. The company the following year finalized the acquisition of the assets of Caribbean Petroleum Corporation (CAPECO), which had entered bankruptcy following the 2009 explosion of its oil refinery in Puerto Rico. CAPECO’s assets included 147 service stations and a terminal in Bayamon, Puerto Rico, which Puma Energy environmentally remediated and improved as the result of voluntary agreements it had made with the U.S. EPA and Puerto Rico’s Environmental Quality Board.