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Caribbean oil refinery seeks bankruptcy as lenders refuse to inject more cash

Publishing date: Jul 12, 2021 • 1 hour ago • 3 minute read • Article content The owners of Limetree Bay, a Caribbean oil refinery dogged by cost overruns and regulatory troubles, filed for bankruptcy on Monday after lenders balked at putting new cash into the project. The Environmental Protection Agency in May ordered the St. Croix, U.S. Virgin Islands, plant, to shut temporarily following a series of fires and noxious gas releases. Those incidents contaminated local drinking water, shut a school and led residents to complain of breathing problems and foul odors. We apologize, but this video has failed to load. Try refreshing your browser, or

United statesBlair thomasEdwina gibbsGary mcwilliamsSteven pullyLaura sanicolaJeff rinkerRichard pullinDavid gaffenBear stearnsGlobal energy partnersUs bankruptcy courtPostmedia network incPlant servicesLimetree bayEnvironmental protection agency

Troubled Caribbean refinery seeks bankruptcy as lenders balk at injecting more cash

Troubled Caribbean refinery seeks bankruptcy as lenders balk at injecting more cash
leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.

United statesEnvironmental protection agencyDistrict of columbiaAlbert bryan jrBlair thomasEdwina gibbsGary mcwilliamsSteven pullyChizu nomiyamaLaura sanicolaDavid gaffenJeff rinkerMark shapiroShubham kaliaBear stearnsGlobal energy partners

Oil slides from multi-year highs after OPEC cancels meeting

By Laura Sanicola (Reuters) - Oil slipped on Tuesday, pulling back from its recent rally, after OPEC+ producers cancelled a meeting due to clashes over plans to increase supply to meet rising global demand. Ministers from OPEC+, which groups producers from the Organization of the Petroleum Exporting Countries (OPEC) with Russia and others, abandoned talks on Monday as negotiations failed to close divisions. Discussions dissolved after Saudi Arabia, the largest OPEC producer, and United Arab Emirates were unable to agree over the terms for increasing supply. Initially, oil rallied on news of the breakdown in discussions, but prices retreated as traders focused on the possibility that the strife will cause some national producers to open the taps and start exporting more barrels.

New yorkUnited statesWhite houseDistrict of columbiaSaudi arabiaSakhalinskaya oblastUnited arab emiratesCity ofUnited kingdomJohn kilduffDavid goodmanYuka obayashiLaura sanicolaIhsan abdul jabbarAhmad ghaddarJason neely

Oil drops sharply after OPEC cancels meeting

Oil drops sharply after OPEC cancels meeting
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

United statesWhite houseDistrict of columbiaSaudi arabiaSakhalinskaya oblastUnited arab emiratesCity ofUnited kingdomDavid goodmanYuka obayashiIhsan abdul jabbarLaura sanicolaAhmad ghaddarJason neelyNick macfieBob yawger

Oil settles up near 3-year highs on signs of demand growth

Oil settles up near 3-year highs on signs of demand growth
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

United statesDavid gregorioElaine hardcastleYuka obayashiDan greblerRon boussoStephen coatesLaura sanicolaJim ritterbuschBarbara lewisIndian oilOrganization of the petroleum exporting countriesAssociates in galenaPetroleum exporting countriesOil minister dharmendra pradhanஒன்றுபட்டது மாநிலங்களில்