Hovensa

Legal Intervention Supports EPA Permit Requirements for St. Croix Refinery

Retrieved on: 
Wednesday, February 15, 2023

SOUTH ROYALTON, Vt., Feb. 15, 2023 /PRNewswire-PRWeb/ -- On Monday, Feb. 13, the Environmental Justice Clinic (EJC) at Vermont Law and Graduate School filed a motion to intervene in a case in the United States 3rd Circuit Court of Appeals concerning permits for a shuttered oil refinery in the U.S. Virgin Islands.

Key Points: 
  • The EJC supports the EPA's determination which requires a Prevention of Serious Deterioration (PSD) permit requiring the applicant to install the best available control technology.
  • In May 2021 the EPA used emergency measures to shut down the refinery and reversed its 2018 decision to not require a PSD permit.
  • The EPA is finally taking the risks posed by this facility seriously, and we need to stop the company from starting up that dirty refinery without a new permit."
  • The EPA now considers the refinery a new, stationary source of pollution and as such requires a PSD permit from Port Hamilton.

Limetree Bay Terminals Announces Financing Agreement With AMP Capital for up to $100 Million

Retrieved on: 
Monday, August 2, 2021

Limetree Bay Terminals, LLC (Limetree Terminals or the Company) today announced that it has entered into a financing agreement under which AMP Capital Investors S.A.R.L.

Key Points: 
  • Limetree Bay Terminals, LLC (Limetree Terminals or the Company) today announced that it has entered into a financing agreement under which AMP Capital Investors S.A.R.L.
  • and affiliates (AMP Capital) will provide the Company with up to $100 million in new capital.
  • Under the terms of the agreement, AMP Capital will provide Limetree Terminals indirect parent company, Limetree Bay Terminals Holdings II, LLC with a $50 million incremental tranche of term loans, which amount can be upsized by an additional $50 million at the election of AMP Capital.
  • Limetree Terminals is distinct and separate from Limetree Bay Refining LLC (Limetree Refinery), whose operations have been suspended following the filing of voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code.

Limetree Bay Ventures Commences Refinery Startup Operations

Retrieved on: 
Monday, February 1, 2021

Limetree Bay Ventures, LLC (Limetree or the Company), a world-class refinery, terminal and logistics hub controlled by EIG Global Energy Partners (EIG), today announced that Limetree Bay Refining (the Refinery) has successfully resumed operations and begun production and commercial sales of refined products.

Key Points: 
  • Limetree Bay Ventures, LLC (Limetree or the Company), a world-class refinery, terminal and logistics hub controlled by EIG Global Energy Partners (EIG), today announced that Limetree Bay Refining (the Refinery) has successfully resumed operations and begun production and commercial sales of refined products.
  • Jeffrey Rinker, Chief Executive Officer of Limetree, commented, We are thrilled to commence operations and begin producing quality fuels for our customers.
  • Limetree Bay Ventures, LLC is a large-scale energy complex strategically located in St. Croix, U.S. Virgin Islands.
  • The complex consists of Limetree Bay Refining, a refinery with peak processing capacity of over 200,000 barrels of petroleum feedstock per day, and Limetree Bay Terminal, a 34-million-barrel crude and petroleum products storage and marine terminal facility serving the refinery and third-party customers.

Limetree Bay Ventures Appoints Brian Lever as President and Chief Executive Officer

Retrieved on: 
Wednesday, September 25, 2019

ST. CROIX, U.S. Virgin Islands, Sept.25, 2019 /PRNewswire/ -- Limetree Bay Ventures is announcing the promotion of Brian Lever to president and chief executive officer.

Key Points: 
  • ST. CROIX, U.S. Virgin Islands, Sept.25, 2019 /PRNewswire/ -- Limetree Bay Ventures is announcing the promotion of Brian Lever to president and chief executive officer.
  • Upon completion of its ongoing refinery restart project, Limetree Bay will be able to process approximately 200,000 barrels per day of feedstock.
  • Brian Lever, the company's new president and chief executive officer, has more than 40 years of experience in refining, storage and logistics infrastructure, Mr.
  • To lead the marine terminal business and operations, Limetree Bay has recently hired Jeffrey Hersperger as senior vice president of terminals.

Port of Corpus Christi Reaches Significant Milestones in Development of Crude Oil Export Terminal on Harbor Island, Texas

Retrieved on: 
Friday, December 14, 2018

CORPUS CHRISTI, Texas, Dec. 14, 2018 /PRNewswire/ --The Port of Corpus Christi Authority (Port) today announced several milestones in the development of the previously announced crude oil export terminal (Terminal) on Harbor Island, Texas.

Key Points: 
  • CORPUS CHRISTI, Texas, Dec. 14, 2018 /PRNewswire/ --The Port of Corpus Christi Authority (Port) today announced several milestones in the development of the previously announced crude oil export terminal (Terminal) on Harbor Island, Texas.
  • Corpus Christi-based Lone Star Ports, LLC (Lone Star Ports) will lead the development of the Terminal, the first U.S. onshore export terminal servicing fully-laden Very Large Crude Carriers (VLCCs), furthering the Port's position as a global crude oil export hub.
  • Ashcroft has led the development of several large marine terminals, including the development and operations of BORCO and Hovensa/Limetree Bay.
  • With an outstanding staff overseen by its seven member commission, Port Corpus Christi is "Moving America's Energy."