The Cuba Oil Union (Spanish: Unión Cuba-Petróleo) or CUPET is Cuba's largest oil company. It is owned and operated by the Cuban national government. The company is involved in the extraction of petroleum deposits as well as the refining and distributing of petroleum products. In conjunction with the conglomerate CIMEX, it operates a chain of filling stations selling gasoline in convertible pesos. The extraction is based in Cuba's northern region of Havana Province (Provincia de la Habana). CUPET jointly produces oil on the island and has business agreements with, among others, the People's Republic of China, the Spanish oil company Repsol and Canada's Sherritt International. More information...
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