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News

November 29th, 2023
A lot of $$$ leaving VI through fossil fuel importation– Premier

PARAQUITA BAY, Tortola, VI – Virgin Islands (VI) Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) is encouraging more persons to take advantage of green incentives not just for the environment, but to save on the amount of money leaving the VI economy through the purchase of fossil fuels.

October 27th, 2023
Fuel surcharge, high food costs stifling persons in VI– Hon Penn

ROAD TOWN, Tortola, VI– Opposition Member Hon Marlon A. Penn (R8) has called on the Virgin Islands (VI) Government of Dr the Hon Natalio D. Wheatley (R7) to start a dialogue and bring measures to tackle the high fuel surcharge in the territory, along with the rising cost of food.

February 4th, 2023
New petrol station now open @ Scrub Island Resort, Spa & Marina

SCRUB ISLAND, VI- Scrub Island Resort, Spa & Marina has announced the official opening of its new petrol station with 1,000 meters of hoses delivering a capacity of 10,000 gallons of marine-grade gasoline and diesel fuel to both leased and transient dockers.

August 24th, 2022
Gov’t can look into electricity subsidies, fuel cost cutting- Shaina M. Smith-Archer

FISH BAY, Tortola, VI - BVI Chamber of Commerce and Hotel Association (BVIVVHA) Chairperson, Mrs Shaina M. Smith-Archer has called on the Government to implement measures to cut the cost of electricity in the Virgin Islands (VI).

July 11th, 2022
VI must 'implement measures to lessen shock of rising costs'– Hon Malone

FISH BAY, TORTOLA, VI – At-Large Representative and Opposition Member in the Virgin Islands (VI) House of Assembly (HoA), Hon Carvin Malone (AL) has called on local leaders to bring measures that can mitigate the rising cost of living in the territory.

June 18th, 2022
Urgent ‘intervention’ needed over rising energy cost in VI– Bishop Cline

ROAD TOWN, Tortola, VI – Bishop of the new Life Baptist Church in Duff’s Bottom, Tortola, Mr John I. Cline has called on local authorities to bring urgent intervention to the rising cost of energy in the Virgin Islands, as businesses and residents alike struggle to keep up.

May 14th, 2022
Delta Petroleum hits back @ BVIEC over fuel supply woes

PASEA ESTATE, Tortola, VI - Delta Petroleum (Caribbean) Limited (Delta), has hit back at BVI Electricity Corporation (BVIEC) over a statement from the Corporation, that it had to take steps to procure diesel fuel for electricity generation elsewhere after Delta Petroleum was unable to fulfill its contractual obligations.

March 4th, 2022
Brace for inflation, hardships coming out of Ukraine invasion– Hon Rymer

ROAD TOWN, Tortola, VI - Minister for Transportation, Works and Utilities Hon Kye M. Rymer (R5), along with Virgin Islands (VI) Premier and Minister of Finance Hon Andrew A. Fahie (R1), has warned that the territory may feel the effects of the invasion of Ukraine by Russian forces and its impacts on global fuel and trade.

May 19th, 2021
Premier Fahie intervenes to exempt BVIEC from new wharfage fee on fuel

ROAD TOWN, Tortola, VI - A day after residents in the Virgin Islands (VI) were told to expect an increase in the amount due on their electricity bills as a result of a new law that affects the cost of petroleum products offloaded into the territory, the decision has been reversed.

May 18th, 2021
Electricity cost to increase due to new fuel fee - BVIEC

ROAD TOWN, Tortola, VI – Residents in the Virgin Islands (VI) can expect to see an increase in the amount due on their electricity bills as a result of a new law that affects the cost of petroleum products offloaded into the territory.

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