Bay Refining News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In a stunning turn of events, Jamaica-based West Indies Petroleum Limited (WIP) has denied ownership of the Limetree Bay Refinery in St Croix, United States Virgin Islands. The Virgin Is...

Italian Tech Startup Revives Einstein's Father's Power Plant A husband-wife team of entrepreneurs are using a once-abandoned hydroelectric station to feed the power grid and keep their... | December 27, 2021

A Texas bankruptcy judge Wednesday gave oil refinery Limetree Bay permission to tap into $10 million in financing to get it through the next three weeks of its Chapter 11 case and help it prepare to auction its assets, although he repeated his worry the sale timeline is too short.

Limetree Bay Refining, LLC and several of its affiliates (collectively, “Limetree Bay” or the “Company”) today announced that Limetree Bay has filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas (the “Court”). Limetree Bay intends to use the Chapter 11 process to engage in discussions with its lenders, creditors, equity owners and others to evaluate options to maximize the value of the estate and recoveries for stakeholders, including exploring a potential sale of its assets. Limetree Bay h...

2021 AFPM Annual Meeting Virtual Edition: Annual event closes after two days of quality, impactful content and collaboration 4/13/2021 On Tuesday, April 13, the AFPM Annual Meeting Virtual Edition wrapped up two days of valuable virtual events, sessions, shared practices and networking opportunities. Attendees and organizers maintained a focus on sustainability, collaboration, moving forward with positivity and determination despite the COVID-19 pandemic and many recent global setbacks, and “overcoming challenges with character and resilience once again,” according to AFPM President and C...