CHRISTIANSTED — Limetree Bay Terminals of Estate Hope has awarded scholarships to 20 recent 2019 graduates of Virgin Islands high schools to assist them in their pursuit of a degree at an accredited U.S. college or university. The scholarship recipients are: Anthony Etienne who plans to attend Barry University Elizabeth Ferguson who plans […]
Tag: Limetree Bay Terminals LLC
Some 1,300 Workers Have Arrived On St. Croix To Work At Limetree Bay Refining
CHRISTIANSTED — Limetree Bay Ventures said that it has closed a $1.25 billion financing deal to restart its refinery located in St. Croix’s south shore industrial area. The company is undertaking the project in conjunction with the tolling, supply and off-take agreements that it executed with BP Products North America in December. The common equity in Limetree […]
Mapp Thanks Senators Who Rubber Stamped Payday Loan Disguised As Refinery Deal
[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] CHARLOTTE AMALIE — Governor Kenneth Mapp has formally approved an agreement with Limetree Bay Terminals, LLC to resume oil refining operations on St. Croix. The landmark agreement, ratified by the 32nd Legislature on July 25 as Bill No. 32-0246, is expected to create an estimated 1,300 construction jobs and as many as […]
COMMENTARY BY JANETTE MILLEN-YOUNG: Mapp Put A Raw Deal Over On Us With Limetree Bay
FOOLED AND BEGUILED: Senator Janette Millen-Young says Gov. Kenneth Mapp pulled a fast one on the Legislature. Senators voted 9-5 to approve the Limetree Bay refinery deal. [ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] CHARLOTTE AMALIE — Shortly after midnight last Thursday morning, nine members of the 32nd Legislature approved the governor’s multi-million-dollar plan to give Limetree […]
Critics Say Refinery Deal Is A Payday Loan … Designed To Float Government Until Elections
PAYDAY LOAN? Senators voted 9-5 to approve the Limetree Bay refinery deal on Wednesday. Critics say the tax concessions granted by the government were not needed for the oil storage terminal company ArcLight Capital Partners to transition the property into a refinery. [ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] CHRISTIANSTED — Governor Kenneth Mapp thanked the members […]
OP-ED PIECE: ‘Vote Slow, Not No’ On Limetree Refinery Deal: By Andrew C. Simpson
OP-ED PIECE BY ATTORNEY ANDREW C. SIMPSON [ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] The Governor and Limetree Bay LLC are trying to hurry a refinery deal through our Legislature with undue speed. As the late Governor Farrelly used to say, “Hurry dog eat raw meat.” The proposed refinery operating agreement is a massive economic Christmas gift […]
Gov. Mapp Announces ‘Landmark’ $1.4 Billion Deal to Restart Refinery in St. Croix
CHRISTIANSTED — Governor Kenneth Mapp announced Monday an agreement which would reopen one of the world’s largest refineries, create hundreds of jobs in the territory and shore up the solvency of the Government Employees Retirement System (GERS). Governor Mapp said the $1.4 billion agreement was between the Government of the Virgin Islands and ArcLight Capital […]
MAPP: ArcLight’s ‘Restart’ of St. Croix Refinery To Bring $600 Million Over 10 Years, 1200 New Jobs
FILE PHOTO: An abandoned truck is seen outside the installations of the Hovensa petroleum refinery in St Croix on June 28, 2017. REUTERS/Alvin Baez/File Photo CHRISTIANSTED — Owners of an idled oil refinery in St. Croix, that was once among the world’s largest, plan to invest $1.4 billion to refurbish and restart a portion of the […]
St. Thomas Senator Millin Young and St. Croix Chamber President Bengoa To Challenge Mapp
[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] CHRISTIANSTED — St. Croix Chamber of Commerce President Edgar Bengoa confirmed today he would be running as the Lieutenant Governor candidate on a ticket with St. Thomas Sen. Janette Millin Young in the November gubernatorial elections. Although it’s not official, the word on the street was that Millin Young and […]
Limetree Bay Terminals Downplays Amount of Friable Asbestos Released on St. Croix During Hurricane Maria
CHRISTIANSTED — Friable asbestos was likely a problem for Limetree Bay Terminals and anyone downwind of the St. Croix oil storage facility after its facilities were compromised during Hurricane Maria. The Virgin Islands Free Press was the first media source to alert the public that Maria severely damaged the former HOVENSA oil refinery and oil […]