Plymouth appoints new COO
Donald Van Pelt, Jr., President and CEO of Plymouth Tube Company, announced that David Barnes has been appointed to the newly created role of Chief Operating Officer (COO). HOVENSA refinery in St. Croix closes
The 500,000 barrels a day (b/d) HOVENSA oil refinery in St Croix, US Virgin Islands will be shut down. One of the 10 largest refineries in the world and the largest in the Caribbean, the plant was a joint venture between the Hess Corporation and Petroleos de Venezuela SA. Acquisition to drive Caribbean pipeline progress
First Reserve’s Energy Infrastructure Fund has teamed up with Beowulf Energy to acquire a majority stake in the Eastern Caribbean Gas Pipeline Co., which intends to build an approximately 880km subsea pipeline. AkzoNobel invests in new Suzano pulp mill
AkzoNobel intends to invest EUR 80 million in the construction of a new pulp Chemical Island facility in Brazil. Neste Oil, 19th most sustainable company
For the sixth year in a row, Neste Oil has been selected for inclusion in the Global 100 list of the world's most sustainable companies. 
According to the Canada-Nova Scotia Offshore Petroleum Board, Shell Canada won its call for bids to secure the exploration rights on four parcels of deepwater land off the southwest shore of the province. 
POET LLC, the largest U.S. ethanol producer, and Royal DSM, a Netherlands-based company, will invest USD 250 million to commercialize ethanol production from discarded corn cobs and stalks.