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Campari manufacturer buys stake in Jamaica’s Appleton rum

Campari

Italy’s Gruppo Campari, maker of the eponymous red aperitif, is buying Jamaican rum maker Lascelles de Mercado & Co LAS.JS to boost its presence in growing American markets, as sales in recession-hit Italy lose fizz.

Valero Energy Corporation to convert its shuttered oil refinery on Aruba into a fuel storage facility

Valero Energy Corporation

Valero Energy Corp. announced Monday that it will convert its shuttered oil refinery on the southern Caribbean island of Aruba into a fuel storage facility, leaving hundreds of employees jockeying for positions at the downsizing operation.

Chevron sells off regional retail business in the Eastern Caribbean

Chevron

US oil giant, Chevron Corp, yesterday announced that it had completed the sale of its fuels marketing and aviation businesses in the Eastern Caribbean. The transaction comprises nine countries in the region: Antigua & Barbuda, Barbados, Grenada, Dominica, St Lucia, St Vincent & the Grenadines, Guyana, St. Kitts and Trinidad & Tobago.

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