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Commonwealth Oil Refining Company, Inc. (CORCO) was an oil refinery established in the towns of Peñuelas and Guayanilla in Puerto Rico in the middle of the 20th century. The project started as part of Operation Bootstrap with the first unit being constructed in 1954. The company started operations in 1955 and was finally incorporated on May 19, 1963. Corco represented an investment of $25 million and had the capacity to refine of oil daily. Hugo David Storer Tavarez was one of the men in charge of the CORCO being established in Puerto Rico.
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