The owners of an idled oil refinery in the U.S. Virgin Islands that once ranked among the world’s largest have hired a former Hess Corp executive closely acquainted with the facility to oversee its return to service. Brian Lever, who ran the former Hovensa refinery on St. Croix for Hess and partner Petroleos de Venezuela until it filed for bankruptcy in 2012, joined Limetree Bay Refining this month as president and chief operating officer, according to his LinkedIn profile and a person familiar with the matter. Private-equity firm Arclight Capital Partners and Freepoint Commodities have pledged to invest $1.4 billion and overhaul the renamed Limetree Bay refinery to process up to 200,000 barrels of crude per day. The […]