Construction Boxscore Database is produced by Hydrocarbon Processing | HydrocarbonProcessing.com
Subscriber Login
False
 

News Post

St. Croix Energy Wins Bid for Troubled Limetree Bay Refinery

St. Croix Energy LLP announced that it won the recent auction for the shuttered Limetree Bay refinery in the U.S. Virgin Islands for a reported $20 million.  The company hopes to restart operations at the long-troubled refinery.

The Limetree Bay refinery has a processing capacity of approximately 200,000 barrels per day but had been shut in for nearly a decade until it reopened earlier this year under a partnership of EIG and ArcLight Capital private equity firms. U.S. regulatory firms shut the project down after only a few months of production due to a host of environmental issues from the refinery. New owner St. Croix Energy LLP does plan to restart operations at the facility, but there is no timetable or specifics at this as previous refining operations are still working through incidents and violations protocol. St. Croix LLP has stated that it plans to operate as “a sustainability driven and environmentally conscientious energy solutions provider’, indicating that this restart could involve renewable energy planning at the facilities.

For questions or to give feedback:
Thad Pittman 
+1 (713) 525-4605

For subscriptions or a demo:

Ed Bramwell
+44 20 3793 9705

Download our brochure today!

 

Boxscore Online Demo


Boxscore-Now

 

Project News

Boxscore Construction Analysis:
Business Trends: Asia and Europe join the feedstock evolution with steam crackers

From the April 2018 issue of Hydrocarbon Processing

 

 
Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws. © 2022 Gulf Publishing Holdings LLC.