The owners of Limetree Bay, a Caribbean oil refinery dogged by cost overruns and regulatory troubles, filed for bankruptcy on Monday after lenders balked at putting new cash into the project. The Environmental Protection Agency in May ordered the St. Croix, U.S. Virgin Islands, plant, to shut temporarily following a series of fires and noxious gas releases. Those incidents contaminated local drinking water, shut a school and led residents to complain of breathing problems and foul odors. The shutdown came amid a row between the plant and EPA over who was responsible for installing air monitoring systems. The EPA ordered the equipment installed and recently told the company not to further release gases. “Severe financial and regulatory constraints have left us no choice but to pursue this path, after careful consideration of all alternatives,” Jeff Rinker, Limetree Bay’s chief executive, said of the bankruptcy filing […]