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HOVENSA LLC

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CHRISTIANSTED — A motorcyclist killed in a head-on crash in Mount Welcome on Tuesday night has been identified, authorities said. Richard M. “Derryck” Boehm, 55, of Cane Bay was riding a motorcycle when it collided with an off-road vehicle on the East End Road near Spyglass Hill shortly before 8:37

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CHARLOTTE AMALIE — With the recent approval to appropriate $8.1 million to pay down the amount owed to the Virgin Islands Water & Power Authority (WAPA) by the Juan F. Luis Hospital and the Schneider Regional Medical Center, Commissioner of the Department of Finance, Valdamier Collens, said that the department

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ANTI-BUSINESS SENATOR: Terrence “Positive” Nelson CHARLOTTE AMALIE – Senators meeting in full legislative session voted overwhelmingly to approve the operating agreement between Limetree Bay Terminals LLC and the Virgin Islands government. The 31st Legislature, run by Senate President Neville James, determined that the $800 million deal to take the former

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WILMINGTON, Del. – A federal bankruptcy judge sitting in Delaware made a ruling on the controversial sale of oil company HOVENSA on Monday, but said details of a large portion of the sale hearing could not be made public, under penalty of contempt, until the Gov. Kenneth Mapp announced them

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CHRISTIANSTED – The business world views the sale of the former HOVENSA oil refinery on St. Croix’s South Shore as a way to integrate the East with the West in the global marketplace. The long-sought deal to bring an oil refinery strategically-located in the Caribbean (St. Croix is one of

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Bankruptcy Judge Mary Walrath WILMINGTON, Delaware – A federal bankruptcy court judge decided today that the HOVENSA oil refinery complex can be sold to stalking horse bidder Limetree Bay Holdings and commodities trader Freepoint, the Virgin Islands Free Press has learned. News that U.S. Bankruptcy Court Judge Mary Walrath had

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At VIFreepBreaking NewsBusiness NewsSt. Croix NewsTerritorial Affairs

Ernice Gilbert with Robert Shrader of Monarch Energy on YouTube CHRISTIANSTED – St. Croix oil refinery HOVENSA LLC has asked a bankruptcy judge to block a bid by its rival Monarch Energy Partners to acquire the debtor’s shuttered refining facility in St. Croix for $40 million, saying Monarch is attempting

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