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Top execs leave troubled refinery in U.S. Virgin Islands: letter By Laura Sanicola FILE PHOTO: The installations of the Hovensa petroleum refinery are seen in St Croix (Reuters) – The finance chief and two other top executives at Limetree Bay Ventures, operator of a long-stalled Caribbean oil refinery, are stepping down, according to an internal letter reviewed by Reuters. The 200,000-barrel-per-day refinery in St. Croix recently halted processing after a mishap, according to people familiar with the matter. It has run more than $1 billion over its original budget and well behi...

Top execs leave troubled refinery in U.S. Virgin Islands 4/8/2021 The finance chief and two other top executives at Limetree Bay Ventures, operator of a long-stalled Caribbean oil refinery, are stepping down, according to an internal letter reviewed by Reuters. The 200,000-barrel-per-day refinery in St. Croix recently halted processing after a mishap, according to people familiar with the matter. It has run more than $1 billion over its original budget and well behind a plan to begin processing in late 2019. Forgan McIntosh, chief financial officer, has resigned effective May 14, according to...