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#1
December 22nd, 2003, 10:44 PM
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Baby Beach, Aruba
In 1928 Royal Dutch Shell built the Eagle oil refinery and this was immediately followed by a refinery built by Lago Oil and Transport Company Ltd. in San Nicolas. Royal Dutch Shell ceased its operations in 1953, after serving as a depot for both refineries during the second world war. In 1932, the Standard Oil Company of New Jersey (Esso, now known as Exxon) took over the Lago refinery. The refinery employed well over 8,000 people, 16% of Aruba’s population, and up until the 70’s was one of the largest in the world.
On March 31, 1985, Exxon, pressured by a global oversupply, closed the refinery but it was reopened by the Coastal Oil Company of Houston, Texas on April 20,1991. 
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