Bill Allen (businessman) Barbados as well. VECO also was a worldwide player in the oil industry, having divisions in many major oil markets, including the Sudan, Russia, Mexico, Venezuela and Syria. VECO had a major impact on the economy of Alaska and employed over 5,000 people worldwide. On March 24, 1989, the oil tanker Exxon Valdez ran aground on Bligh Reef, spilling eleven million gallons of crude oil into the waters of Prince William Sound. The Exxon Valdez oil spill was the second largest in United States history, after the BP Gulf of Mexico Deepwater Horizon spill. Under Allen's guidance, VECO (along with
Milford Haven Waterway first oil terminal and oil refinery in 1960; unfortunately this coincided with a serious oil-spill from "Esso Portsmouth", the first oil tanker to unload there. Since then, there have been numerous spills of varying magnitude, providing the port authority with a great deal of experience. Uniquely at the time, the harbourmaster instituted the principle of cleaning up first and allocating the blame (and the responsibility of paying for it) later. There are two large oil refineries nearby which represent one fifth of the United Kingdom's oil refining capacity. In 1978 the tanker "Christos Bitas" ran aground off the Haven, spilling