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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