The US Virgin Islands Is Suing Hess for $1.5 Billion
A major lawsuit By the Caribbean Journal staff The US Virgin Islands government is suing the Hess Corporation for shuttering the HOVENSA refinery in 2012, Governor Kenneth Mapp announced Monday. According to a complaint filed in Superior Court, the USVI is […]
Valero to Convert Aruba Oil Refinery into Refined Products Terminal
Above: Valero’s Aruba refinery By the Caribbean Journal staff Valero has notified employees at its Aruba refinery that it will be reducing operations and reorganizing the site into a refined products terminal, the company’s Aruba subsidiary announced Monday. The refinery […]
USVI Seeks to Reopen HOVENSA Refinery, Possibly Under New Ownership
Above: US Virgin Islands Governor John de Jongh (Photo: OG) By the Caribbean Journal staff The United States Virgin Islands is seeking to work toward reopening the HOVENSA refinery, the Caribbean’s largest and the territory’s single-biggest employer. USVI Governor John […]
US Virgin Islands Hires Financial Firm to Navigate HOVENSA Closure
Above: US Virgin Islands Governor John de Jongh (right) By the Caribbean Journal staff The board of directors of the Virgin Islands Public Finance Authority has approved funding for the territory’s government to hire a private financial firm to provide […]