Introduction

Vision
To be the premier customer driven, environmental friendly, enterprise in the petroleum and related industries in the region while contributing towards the prosperity of our nation.

Mission
To achieve excellence in refining, sales and marketing of high quality products and meet the expectations of the stakeholders through a dedicated team of professionals and a loyal & efficient dealer network and by providing total solutions and services exceeding customer expectations, while utilizing a high technology base for growth and development of the enterprise with total employee participation and innovation, by maintaining high ethical norms in all its activities and with highest concern for health, safety and environment.

History

1962	The Corporation commenced business in competition with other Oil    Companies who were operating in the country at that time.
1964	The Ceylon Petroleum Corporation took over the entire business of import, sale and distribution of petroleum products within the country. The Kolonnawa Oil Installation, regional bulk depots and retail outlets which operated under three different oil companies prior to nationalization was subject to several transformations and improvements of their facilities to perform its operations as one entity. Since then, new bulk depots / retail outlets were constructed and storage capacity of Kolonnawa Installation & regional depots were increased. A Fire & Safety Division was set up in Kolonnawa Installation with the introduction of a new fire hydrant systems and the internal road network was improved to facilitate operational and maintenance activities. The gantry filling facility was improved to suit replenishment of large capacity bowsers introduced in mid 90's.
1968	To ensure regular supplies and conserve foreign exchange, the Corporation built a 38,000 BPD Refinery at a cost of Rs. 175 Million
1969	The refinery commenced production. The refining capacity was subsequently increased to 50,000 BPD by increasing the crude distiller capacity in 1979. Another important project that was completed in the same year was the installation of Lubricating Oil Blending Plant at the Kolonnawa Installation. The Corporation entered in to the Agrochemical business in competition with the private sector, with a view to market agro chemicals at competitive prices.
1971	The Bunkering operations at the Ports and Aviation Re-fuelling activities were integrated in to the Corporation by further amendments to the CPC Act.
1978	The Corporation built a factory to manufacture Nylon 6 yarn for textile, tires & finishing industries at a cost of Rs. 603 Million.
1987	In order to reduce freight on crude oil and to meet the development plans of the Colombo port, a Single Point Buoy Mooring (SPBM) facility was installed 9.2 Kilo metres off shore  Colombo Port. The project was commissioned  in 1987 together with an intermediate crude oil storage tank farm at Orugodawatte at a total cost of Rs.1,764 Million.
1992	The Corporation took further steps to modernize the Refinery and increase its efficiency by revamping the crude distiller unit in 1992 at a cost of Rs. 250 Million.
1995	A major fire took place at the Kolonnawa & Orugodawatte Tank farms in October 1995