CHRISTIANSTED — The Limetree Bay refinery, which landed in U.S. bankruptcy court on Monday, needs at least $1 billion to finish a massive overhaul to continue as a viable operation, according to bankers, lawyers and restructuring specialists involved in the case, stacking the odds against the St. Croix facility resuming

CHARLOTTE AMALIE — The U.S. Environmental Protection Agency (EPA) announced today that it has proposed modifications to its 2018 cleanup plan at the Tutu Wellfield Superfund site on St. Thomas. Previous industrial and commercial activities at the site contaminated the soil and groundwater with chlorinated volatile organic compounds. EPA’s proposed

CHRISTIANSTED — The U.S. Department of Justice, on behalf of the U.S. Environmental Protection Agency (EPA), filed a complaint in federal court on Monday against Limetree Bay saying that the St. Croix petroleum refinery presents “an imminent and substantial danger to public health and the environment.” In a stipulation filed

CHRISTIANSTED — Once the largest in the western hemisphere, Limetree Bay oil refinery filed for bankruptcy protection for the second time in six years as federal authorities labeled it a danger to public health, dealing a blow to a private-equity investor and the territory’s struggling economy. The owners of the

CHRISTIANSTED — The Environmental Protection Agency is pressuring owners of Limetree Bay oil refinery to get its approval for an orderly shutdown, calling into question the next steps for the process. Limetree Bay Energy refinery on St.Croix last week said it was preparing for an extended shutdown after failing to

CHRISTIANSTED — The Bryan-Roach Administration was caught off guard Monday by the harsh suddenness, labor fallout and economic reality of September’s planned shutdown of the Limetree Bay refinery on St. Croix. Governor Albert Bryan did not say that he was given a courtesy call in advance of the Limetree Bay

CHRISTIANSTED — Limetree Bay oil refinery on St. Croix announced today that it will remain shut down “indefinitely” after the U.S. Environmental Protection Agency ordered it to halt operations in May. In a statement today, Limetree Bay Energy said it has failed to find the necessary capital to restart the Limetree

CHRISTIANSTED — Governor Albert Bryan issued the following statement in response to the EPA’s announcement of conditions, including additional emissions monitoring, for resumption of refinery operations at Limetree Bay Refinery: “We welcome the EPA’s help in this matter, and we welcome the findings and the recommended actions aimed at protecting the community and

CHRISTIANSTED — The Environmental Protection Agency (EPA) is requiring the troubled Limetree Bay refinery to install 18 air monitors in St. Croix after ordering the south shore plant to halt operations last month, the federal agency said today. The EPA ordered an emergency halt to refinery operations in May after

CHRISTIANSTED — U.S. private equity firm Arclight Capital Partners LLC, which invests the retirement savings of Maine teachers, NFL football players and Mayo Clinic doctors, lost hundreds of millions of dollars betting on a troubled St. Croix oil refinery, according to sources and documents reviewed by Reuters. Boston-based Arclight’s Energy