OWTU millions in debt after failed bids to purchase refinery
Business
Finance
Legal
February 15, 2026
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Consultant Editor Investigations
President general of the Oilfield Workers Trade Union (OWTU) Ancel Roget says the union is seeking to amicably resolve millions in debt, accumulated during its multiple failed attempts to acquire the Pointe-a-Pierre refinery through its company, Patriotic Energies and Technologies.
The OWTU, the country’s largest union, accumulated close to $40 million in debt and has two judgments against it—one by professional service firm, Deloitte and another by KCL Capital Market Brokers Ltd.
Business
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