CHRISTIANSTED — An offer of $62 million won the shuttered Limetree Bay Refinery for Jamaica-based West Indies Petroleum (WIP) after a two days of escalating bidding that began Friday. The auction took place in U.S. Bankruptcy Court for the Southern District of Texas and was presided over by Judge David Jones. West Indies Petroleum, primarily […]
Tag: St. Croix Energy LLP
Proposed Payday Loan Owners Plan To Scuttle Refinery Or Flip It For A Profit
CHRISTIANSTED — A bidder in the Limetree Bay refinery auction has asked a Texas bankruptcy court judge to delay tomorrow’s scheduled sale hearing, but a partner for winning bidder St. Croix Energy says he expects the sale to proceed. Christiansted attorney Yohana Manning, one of five founding partners in St. Croix Energy including Cane Bay […]