In 1985, after Shell ceased all operations at the Curaçao Refinery, the local government took the initiative to found a new distribution company in order to guarantee the supply of petroleum products. On November 1st of that same year, Curaçao Oil (Curoil) N.V. officially started operations for the markets of Curaçao and Bonaire.
Curoil started out with little financial resources yet had a major responsibility to guarantee the supply of petroleum products for the markets of both islands. In the years that followed, the company faced several challenges to achieve its current solid position. Today, Curoil is one of the most respected employers on the islands of Curaçao and Bonaire.