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Before the merger, Hess Oil and Chemical developed the Hess Oil Virgin Islands Corporation (HOVIC) Refinery on St. Croix, United States Virgin Islands, at the time the largest oil refinery in the world. After 1998 the refinery built by HOVIC operated under the name HOVENSA. It is a joint venture with PDVSA and is 50% owned by Hess Corporation ...
Owner (s) Hess Corporation, PDVSA. Commissioned. 1966. (1966) Capacity. 646,000 bbl/d (102,700 m 3 /d) Limetree Bay Refinery (known also as Hovensa, styled HOVENSA) is an oil refinery located on the island of Saint Croix in the United States Virgin Islands. The refinery was a joint venture between Hess Corporation and PDVSA.
Hess Corporation (formerly Amerada Hess Corporation) was an American global independent energy company involved in the exploration and production of crude oil and natural gas. [3] It was formed by the merger of Hess Oil and Chemical and Amerada Petroleum in 1968. Leon Hess was CEO from the early 1960s through 1995, after which his son John B ...
The Federal Trade Commission is investigating Chevron's acquisition of Hess oil company, the second inquiry the independent agency has opened this week of a major oil industry merger. Chevron and ...
HOUSTON (Reuters) -Hess shareholders on Tuesday approved the proposed $53 billion merger with Chevron that paves the way for the No. 2 U.S. oil company to gain a prize asset and a foothold in ...
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Leon Hess (March 14, 1914 – May 7, 1999) was an American businessman, the founder of the Hess Corporation and the owner of the New York Jets. Hess built an oil terminal in New Jersey after the Great Depression, building his first refinery in the late 1950s. He sold his company, Hess Oil and Chemical, in 1963 and joined a consortium to buy the ...
HOVENSA is a limited liability company owned and operated by Hess Oil Virgin Islands Corp. (HOVIC), a division of the U.S.-based Hess Corporation, and Petroleos de Venezuela, SA (PDVSA), Venezuela's national oil company. Gas prices on St. Croix were slightly higher than average than in the continental U.S.