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.
North American Morning Briefing: S&P 500 Futures -2-
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Caribbean refinery decommissioning will take months
hydrocarbonprocessing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hydrocarbonprocessing.com Daily Mail and Mail on Sunday newspapers.
This is a feature at
Global Economic Intersection every Monday evening or Tueday morning.
Please share this article - Go to very top of page, right hand side, for social media buttons.
MPCA investigating Enbridge Line 3 nontoxic spill - - The Minnesota Pollution Control Agency is investigating a drilling fluid spill that occurred on the Willow River in Aitkin County at one of Enbridge s construction sites for its new Line 3 oil pipeline. Drilling was halted after the nontoxic spill was discovered early July 6 and containment and cleanup activities were started, MPCA spokeswoman Cori Rude-Young said Monday. The MPCA has been in regular communication with the on-site, independent environmental monitors and Enbridge Energy, and we have inspected the site cleanup, she said. The new pipeline will replace the Enbridge s current Line 3, which is deteriorating with age and can now only carry about half of its capacity. It is more than 60% completed. The site where the spill occurre
Imperial Valley News Imperial Valley News Center United States Files Complaint and Reaches Agreement on Stipulation with Limetree Bay Terminals LLC and Limetree Bay Refining LLC Relating to Petroleum Refinery in St. Croix, U.S. Virgin Islands Details Written by DOJ
Washington, DC - Monday, the U.S. Department of Justice, on behalf of the U.S. Environmental Protection Agency (EPA), filed a complaint in federal court in the U.S. Virgin Islands against Limetree Bay Terminals LLC and Limetree Bay Refining LLC (jointly Limetree Bay) alleging that the companies’ St. Croix petroleum refinery presents an imminent and substantial danger to public health and the environment. In a stipulation filed simultaneously with the complaint that acknowledges that the refinery is not currently operating and that Limetree Bay does not intend to restart the refinery at the present time, Limetree Bay has agreed to a number of requirements, including the