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Anguilla is a British overseas territory in the Caribbean. [1] Anguilla has become a popular tax haven, having no capital gains, estate, profit or other forms of direct taxation on either individuals or corporations. In April 2011, faced with a mounting deficit, it introduced a 3% "Interim Stabilisation Levy", Anguilla's first form of income ...
Bharat Petroleum — India; BP (advertising tagline "Beyond Petroleum"; initials stood for British Petroleum, but with the merger of Amoco in 1998, BP is the actual corporate name) Amoco — United States, was used as a fuel grade until BP brought it back as a fuel brand in 2017; Aral — Germany, Luxembourg
In Anguilla a company has separate legal personality from its members (unlike, for example, a partnership registered under the Limited Partnership Act (Cap L.70) or otherwise regulated by the Partnership Act (Cap P.05)). The members of a company is not liable for the debts or obligations of the company. [10]
The company, the Trinidad-Tesoro Petroleum Company Ltd, was a partner in a joint venture with Tesoro Corporation, and was formed to acquire the assets of British Petroleum as it exited operations in the Caribbean. (The government bought out Tesoro in 1985, and changed the name of the company to Trinidad and Tobago Petroleum Company Ltd ...
The company was also distributing 400,000 to 500,000 litres (88,000 to 110,000 imp gal; 110,000 to 130,000 US gal) of fuel oil per pay. [11] In August 2022 President Ndayishimiye said he would address the persistent shortages of gasoline and heating oil. [ 13 ]
The airport became known as the "Clayton J. Lloyd International Airport" on 4 July 2010. Its namesake was the first Anguillan aviator, who founded the first Anguillan air service, Air Anguilla, which was later renamed Valley Air Service. [2] The airport houses the Anguilla Outstation of the Eastern Caribbean Civil Aviation Authority. [3]
Alongside its oil business, the company has also developed its gas reserves. In 2015–16, SEPLAT installed and commissioned a new 375 million cu ft/d (10.6 million m 3 /d) gas processing facility at its Oben hub, taking gross overall processing capacity to 525 million cu ft/d (14.9 million m 3 /d).
Par Pacific Holdings, Inc., a company whose headquarters are in Houston, Texas, owns operations in oil and production and midstream operations. Par Pacific owns the largest operating refinery in Hawaii which has a 94,000-bpd capacity, this distributes to 90 proprietary and additional independent retail locations under the Hele and 76 brands.