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Owners of St Croix’s HOVENSA Seek Extension on Sales Agreement

 Above: the HOVENSA refinery in St Croix By the Caribbean Journal staff The owners of the HOVENSA oil facility in St Croix have asked for an extension of the agreement governing the sales process for the property, the US Virgin …

Hess Sells Oil Terminal in St Lucia

 By the Caribbean Journal staff The sale of Hess’ oil storage terminal in St Lucia has been confirmed, the government said Tuesday. Hess CEO John Hess reportedly communicated the news by telephone to St Lucia Prime Minister Dr Kenny Anthony. …

US Virgin Islands and HOVENSA Finalize 14-Month Sales Timetable

 Above: the HOVENSA refinery By the Caribbean Journal staff The United States Virgin Islands and HOVENSA have reached an agreement to govern a 14-month sales process for what was formerly the Caribbean’s largest oil refinery. The sales process will begin …

LATEST NEWS

 Above: the Hess terminal in St Lucia (Photo: Hess) By the Caribbean Journal staff St Lucia is taking a wait-and-see approach on the potential sale of the Hess crude oil refined products and storage terminal at Cul de Sac. Hess …

 By the Caribbean Journal staff US Virgin Islands Governor John de Jongh met yesterday with officials of soon-to-be-shuttered refinery HOVENSA and its owners: HOVIC, a subsidiary of the Hess Corporation and PDVSA, VI, a subsidiary of Petroleos de Venezuela, SA …

 Above: the HOVENSA refinery in St Croix By the Caribbean Journal staff The HOVENSA oil refinery in St Croix, US Virgin Islands, will be shut down, the company announced today. The refinery, which is one of the 10 largest in …

 

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