For most of its operating life as Hovensa, it supplied heating oil and gasoline to the U.S. Gulf Coast and the eastern seaboard with the crude mainly sourced from Venezuela.
[7] On November 30, 2018 Limetree Bay announced it had closed on $1.25 billion dollars of financing for the refinery to partially reopen by the end of 2019.
During a gas flare incident in May 2022, oil droplets emitted from a smokestack rained down on nearby houses, fouling rainwater collection systems.
[11] Port Hamilton Refining and Transportation LLLP (PHRT) won the bankruptcy auction with a bid of $62 million in June 2022.
The company agreed to sell off and remove from the site ammonia, liquefied petroleum gas, and an amine solution, which presented safety hazards.