Attorneys representing petroleum marketing company Petcom say they are headed to the courts in the aftermath of a large find of cooking gas cylinders belonging to the three largest distributors of liquid petroleum gas (LPG) or cooking gas. Sean Kinghorn of the firm Kinghorn and Kinghorn says he will be seeking to protect his client’s… Continue reading Petcom Heading To Court In Relation To Seizure Of Gas Cylinders
The Petroleum Company of Jamaica Limited (PETCOM) was incorporated in 1973 as a wholly owned subsidiary of the Petroleum Corporation of Jamaica (PCJ) to market a variety of petroleum products, industrial fuels and lubricants. The company did not become active until 1984 with its first sale of solvents, and confirmation of a contract to supply… Continue reading Petroleum Company of Jamaica (PETCOM)
KINGSTON, Jamaica – The Development Bank of Jamaica (DBJ) announced today, May 2, that Petroleum Company of Jamaica Limited (Petcom) a subsidiary of the Petroleum Corporation of Jamaica (PCJ) has been sold to Phoenix Fuels and Accessories Limited for US$19 million (J$2.3 billion).The operation includes 24 Petcom-branded service stations and 14 liquid petroleum gas-filling plants… Continue reading Petcom sold for J$2.3 billion
