Terpel, formerly known as Organización Terpel S.A. ( en, Terpel Organization), is a Colombian

oil An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated ...

and

gas Gas is one of the four fundamental states of matter (the others being solid, liquid, and plasma). A pure gas may be made up of individual atoms (e.g. a noble gas like neon), elemental molecules made from one type of atom (e.g. oxygen), or ...

company.

Company history

Terpel was founded in 1968 to help ease the shortage of

gasoline Gasoline (; ) or petrol (; ) (see ) is a transparent, petroleum-derived flammable liquid that is used primarily as a fuel in most spark-ignited internal combustion engines (also known as petrol engines). It consists mostly of organi ...

Santander Santander may refer to: Places * Santander, Spain, a port city and capital of the autonomous community of Cantabria, Spain * Santander Department, a department of Colombia * Santander State, former state of Colombia * Santander de Quilichao, a m ...

. The Terpel Bucaramanga Company was formed with 20 service stations, with plans to expand to a national scale in the future with the creation of six additional "Terpeles" in different regions of the country. In 2001, the principal shareholders of the Terpeles integrated the seven regional companies to create the Terpel Organization, which was consolidated in 2004. Terpel started trading on the Colombia Stock Exchange on 19 August 2014. Due to the high trade volume of the stock, the company was included in the COLCAP, which is composed of the exchange's 20 most actively-traded companies, in August 2015. In the last few years, Terpel has acquired several companies outside of Colombia, most recently 200 gas stations in

Chile Chile, officially the Republic of Chile, is a country in the western part of South America. It is the southernmost country in the world, and the closest to Antarctica, occupying a long and narrow strip of land between the Andes to the east a ...

References

External links

* {{official website Oil and gas companies of Colombia Multinational companies Companies based in Bogotá Companies listed on the Colombia Stock Exchange Energy companies established in 1968 Colombian brands Automotive fuel retailers Colombian companies established in 1968