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Tag Archives: u.s. virgin islands

US Virgin Islands, Massachusetts launch probes into Exxon

NEW YORK (AP) — Attorneys general in the U.S. Virgin Islands and Massachusetts are investigating whether Exxon Mobil deceived the public or shareholders about the effects of climate change, joining similar inquiries into the oil giant launched by New York and California. The investigations announced Tuesday came as nearly two dozen state attorneys general said at a New York newsconference that they’d formed a ...

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USVI signs $800M deal to sell shuttered oil refinery

CHARLOTTE AMALIE, U.S. Virgin Islands — The U.S. Virgin Islands has signed an $800 million deal to sell what was once the world’s largest oil refinery to a Boston-based equity firm. The government announced Tuesday that it would receive a $220 million upfront payment from ArcLight Capital Partners’ Limetree Bay Holdings as part of the 25-year deal that is expected to ...

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