Business

ArcLight Hires Former Hess Vice President Of Refining To Run Limetree Bay Terminals

Ernice Gilbert
March 04, 2016

ArcLight Capital Partners, LLC and its 20 percent stakeholder Freepoint Commodities announced today Darius Sweet as chief executive officer of Limetree Bay Terminals, formerly HOVENSA. On December 29, 2015, after being shuttered for nearly four years, senators of the 31st Legislature ratified a landmark agreement signed between the Government of the Virgin Islands and Limetree Bay Terminals, LLC, a subsidiary of ArcLight Capital Partners, LLC, lasting 25 years, with a 15-year renewal option. ArcLight has promised to build a worldclass oil storage facility that’s able to accommodate very large crude carriers (VLCCs), and also to construct an asphalt storage facility dedicated to the GVI, among other projects. But the oil storage business does not demand the level of employment of an oil refinery, and ArcLight has agreed to employ no less than 80 employees, with a spike of an additional 120 temporary workers early next year for restart purposes. The firm said as it brings the facility to...

Arabs Have Stranglehold On St. Croix Gas Market; Local Owners Say (Part 1)

Ernice Gilbert
March 03, 2016

ST. CROIX -- Businessmen of Arab descent have such a stranglehold on the price of gas on St. Croix t...

Price Gouging Continues In VI As Gas Stations Hold Steady With $2.69 Average

Ernice Gilbert
February 28, 2016

ST. CROIX -- Public officials have privately expressed frustration to The Consortium about the stubb...

W.A.P.A. Board Approves Contracts For Tank Cleaning; Rescinds Contract Awarded To VI Paving

Staff
February 26, 2016

ST. CROIX -- The governing board of the Virgin Islands Water and Power Authority met on St. Croix Th...

Full Senate Approves Minimum Wage Increase

Ernice Gilbert
February 26, 2016

ST. THOMAS -- Virgin Islands employees earning minimum wage will soon see a step increase in their h...

Dept. Of Tourism Generates More Than $1.3 Billion Directly To VI Economy In 2015, Nicholson-Doty ...

Ernice Gilbert
February 25, 2016

The Department of Tourism (D.O.T.) says it saw an increase of more than 38,000 stay-over arrivals ye...

St. Croix Job Seekers Overwhelm Canegata Multipurpose Center In Search Of Opportunity

Ernice Gilbert
February 25, 2016

ST. CROIX -- Before the Division of Personnel (D.O.P.) started its job fair in earnest at 10:00 a.m....

G.V.I. Gets Extra Line Of Credit Worth $200 Million With Banco Popular

Ernice Gilbert
February 23, 2016

ST. CROIX -- A bill passed last year to grant local banking institutions more flexibility in how the...

Business

ArcLight Hires Former Hess Vice President Of Refining To Run Limetree Bay Terminals

Arabs Have Stranglehold On St. Croix Gas Market; Local Owners Say (Part 1)

Price Gouging Continues In VI As Gas Stations Hold Steady With $2.69 Average

W.A.P.A. Board Approves Contracts For Tank Cleaning; Rescinds Contract Awarded To VI Paving

Full Senate Approves Minimum Wage Increase

Dept. Of Tourism Generates More Than $1.3 Billion Directly To VI Economy In 2015, Nicholson-Doty ...

St. Croix Job Seekers Overwhelm Canegata Multipurpose Center In Search Of Opportunity

G.V.I. Gets Extra Line Of Credit Worth $200 Million With Banco Popular

At Fish Market Status Update Town Hall, Consensus On Path Forward

Horse Racing In Territory At 'Mexican Standoff' As Impasse Between TRAXCO And Horsemen Association Continues

V.I.N.G. Contract Specialist To Present HUBZone Criteria For Businesses

Lawmakers Schedule Town Hall Meeting For Status Update On Rundown La Reine Fish Market

Weekly Unemployment Benefit Capped At $480 In 2016, Labor Says

Bill To Increase Minimum Wage From $7.5 To $10.50 In Two Years Heads To Full Senate

Dept. Of Tourism To Host Customer Service Sessions In March

Personnel To Host Territory-Wide Recruitment Drive In Attempt To Fill Government Vacancies

Nelson's Hemp Bill Given Death Sentence In Rules Committee

Territory's Tourism Sector Under Pressure As US And Cuba Sign Deal On Commercial Flights

Only $35 Million Remain From $220 Million ArcLight Windfall; VI Economy Continues To Struggle

Nelson's Hemp Industry Bill Goes Before Rules Committee Again On Wednesday