The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Justice announced today that Hovensa LLC ? a joint venture between Hess Corporation and Petroleos de Venezuela, S.A. ? will pay a civil penalty of more than $5.3 million, and spend more than $700 million in new pollution controls as part of a settlement resulting from a complaint about Clean Air Act violations by the company at its St. Croix, U.S. Virgin Islands refinery. According to the government-filed complaint, Hovensa made changes to its petroleum refinery that increased its emissions, after having failed to obtain pre-construction permits, and failing to install required pollution control equipment there. The proposed settlement requires the company to spend $700 million on upgrading its refinery business with...
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