San Nicolaas (Dutch: Sint Nicolaas) is 19 kilometres (12 mi) southeast of Oranjestad, and is Aruba's second largest city. As of 2008 it has a population of 18,126, most who originate from the British Caribbean. Known as the island's Sunrise Side, San Nicolaas was once a bustling company town, when Lago Oil and Transport operated its oil refinery from 1924-1985. The refinery was closed from 1985 to 1990, when Coastal Corp reopened the oil refinery. It was then sold to Valero, and it was open for a number of years, and closed in 2009; in December 2010, Valero announced plans to reopen the refinery.