Acting V.I. Attorney General Claude
Walker has served a subpoena on the government of Venezuela demanding that its
government-owned oil company explain its role in the closing of the Hovensa
refinery on St. Croix. The subpoena was issued earlier this month and announced
Monday in a Government House news release. In 1998, Petroleos de Venezuela,
South America, now owned by the government of Venezuela, owned half of the
entity that financed and operated the refinery. A wholly owned subsidiary of
Hess Oil owns the other half. The V.I. government has accused Hess of breaking
the territory's law by shutting down the refinery almost a decade before its
legal obligations were complete. The company has denied the charge and is
fighting the issue in court. More… 
Tuesday, October 20, 2015
Walker Subpoenas Venezuelan Government in Hess Case
Acting V.I. Attorney General Claude
Walker has served a subpoena on the government of Venezuela demanding that its
government-owned oil company explain its role in the closing of the Hovensa
refinery on St. Croix. The subpoena was issued earlier this month and announced
Monday in a Government House news release. In 1998, Petroleos de Venezuela,
South America, now owned by the government of Venezuela, owned half of the
entity that financed and operated the refinery. A wholly owned subsidiary of
Hess Oil owns the other half. The V.I. government has accused Hess of breaking
the territory's law by shutting down the refinery almost a decade before its
legal obligations were complete. The company has denied the charge and is
fighting the issue in court. More… 
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