All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Website www.shell.com; E-Mail consultas@shelldirecto.com.ar soren.straede@shell.com s.skovgaard@shell.com ssmlrecruitment@shell.com . May 26 (Reuters) - Royal Dutch Shell RDSa.L is selling its 90,000 barrel-per-day (bpd) Mobile, Alabama refinery to specialty refiner Vertex Energy for $75 million plus the cost of hydrocarbon inventory, the company said on Wednesday. means that certain refinery and related assets in Mobile, Alabama to be purchased pursuant to the Mobile Refinery Acquisition Agreement. StateEscape, View No. The inventory is currently valued between $65 and $85 million, Shell said. HOUSTON, TX / ACCESSWIRE / April 1, 2022 / Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products today announced the The transaction is expected to close in the fourth quarter of 2021, subject to regulatory clearance and various closing conditions. The Mobile refinery has the option to run as a stand-alone refinery and is also capable of producing base oils and chemicals feedstock. No assurance is provided that future dividend payments will match or exceed previous dividend payments. Vertex Energy (VTNR) reported Tuesday that Q4 throughput volumes at its Mobile refinery in Alabama totaled ~77K bbl/day, exceeding prior guidance of 73K-75K bbl/day by 4% at the midpoint. These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. ANON: RE: Nigerian oil export terminal had theft line into sea for 9 years Shell RechargePlus, View On 1st November 2021, Tailwind Energy Investments Ltd declared a dividend of $36.4 million. Entities over which Shell has significant influence but neither control nor joint control are referred to as "associates". Together we are a force for good, Force For Good - St Vincents Mobile Healthcare, Force for Good - Truckers Against Trafficking, Force for Good - Hasbro Childrens Hospital, Mobile Payment at Shell via third-party apps: General terms and conditions of use, View Lubricants for Transport and Industrial Businesses, Contact shell lubricants technical experts, Contact a Shell EcoSafe Lubricants Representative, View Entities and unincorporated arrangements over which Shell has joint control are generally referred to as joint ventures and joint operations,respectively. Dutch court orders Shell to deepen carbon cuts in landmark ruling, Oil Giants Are Dealt Major Defeats on Climate-Change as Pressures Intensify, https://www.hydrogeninsight.com/transport/exclusive-shell-has-quietly-closed-down-all-its-hydrogen-filling-stations-in-the-uk/2-1-1335049, Zero stars I have no written or verbal contract with shell, https://www.youtube.com/watch?v=aYusVi-qVRk&t=4s, https://www.youtube.com/watch?v=mquop7Dyveg, https://www.youtube.com/watch?v=MiY47c-L2dM, https://www.youtube.com/watch?v=79vYy6ky22E, https://www.youtube.com/watch?v=YavWGmdNido, https://www.youtube.com/watch?v=L3Mz9k5wIvc&frags=pl%2Cwn, https://www.youtube.com/watch?v=P2Ej9IdBF1U, https://www.youtube.com/watch?v=cVR5MFvzX68&frags=pl%2Cwn, https://www.youtube.com/watch?v=F6Z-tCdhkFs, https://www.youtube.com/watch?v=Ywb_jvgmQl0, https://www.youtube.com/watch?v=afL0N191IFI, https://www.youtube.com/watch?v=W0YF7WvR9n8, https://www.youtube.com/watch?v=RrayNVkmYa4&frags=pl%2Cwn, https://www.youtube.com/watch?v=SFsLYEANk9M, https://www.youtube.com/watch?v=Kszu8ctDaV0, https://www.youtube.com/watch?v=OB06C9mRHTA, https://www.youtube.com/watch?v=gTxNUFy50pg&t=9s, It can be found here on WIKIMEDIA COMMONS, Australian National Offshore Petroleum and Environmental Management Authority, Pennsylvania Shell ethylene cracker plant, The hydrocarbon inventory will be valued at closing based on actual volumes and prevailing market prices. The company markets asphalt, transportation fuels, light oils and other refinery products predominantly in the southeastern United States. No response to my emailed complaint. That meeting was recorded. Mobile, AL 36607. Subsidiaries, Shell subsidiaries and Shell companies as used in this press release refer to entities over which Shell plc either directly or indirectly has control. AL 36611. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. : In response to Bogus Group's enquiry. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release. the new emperors have no clothes! The complex is located at the northern end of Mobile Bay and is designed to produce 90,000 . Vertex owns a 91,000 barrel-per-day refinery in Mobile (AL) and more than 3.2 million barrels of product storage, positioning it as a leading supplier of fuels in the region. The Mobile refinery is located at the north end of Mobile Bay in Alabama near the U.S. Gulf Coast. Energy and Innovation, View StateEscape, View As part of this deal, Shell and Vertex Energy will have crude supply and product offtake agreements to support Shells customers in the region. Cavendish Energy Holdings Ltd (Co. Reg No.12154073) Baldwin County. Preferred listings, or those with featured website buttons, indicate YP advertisers who directly provide information about their businesses to help consumers make more informed buying decisions. The refinery is designed to process approximately 90,000 barrels per day of crude oil and products that include LPG, diesel fuel, jet fuel and gasoline. Ship & Bunker News Team To contact the editor responsible for this story email us at editor@shipandbunker.com Also in the News DFDS to Make Use of Shore Power Connection at Vlaardingen ''Subsidiaries'', "Shell subsidiaries" and "Shell companies" as used in this press release refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Likewise, the words we, us and our are also used to refer to Royal Dutch Shell plc and its subsidiaries in general or to those who work for them. Engine oil and lubricants, View The refinery is designed to process approximately 90,000 barrels per day of crude oil and products that include LPG, diesel fuel, jet fuel and gasoline. A 30% reduction will cause a daily output loss of 1,800 mt, which could translate into a total loss of 81,000 mt in . Vertex Energy Inc. announced April 1 it has completed acquisition of the 91,000-barrel-per-day Mobile, Alabama, refinery and related marine terminal and logistics assets from Equilon Enterprises LLC, doing business as various Shell companies, for a base purchase price of $75 million in cash, together with approximately $25 million related to specified capital expenditures and other closing adjustments. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Mobile, AL 36606 (251) 434-1010; Business Customers, View More. May 26 (Reuters) - Royal Dutch Shell RDSa.L is selling its 90,000 barrel-per-day (bpd) Mobile, Alabama refinery to specialty refiner Vertex Energy for $75 million plus the cost of hydrocarbon. It also provides the strategic ability to market products into the southern Alabama and Florida regions. Tailwind Energy Investments Ltd is a wholly owned subsidiary of Tailwind Energy Holdings LLP itself a 51% subsidiary of Cavendish Energy Holdings Ltd (Co. Reg. At that Townhall meeting Mr Gould, during his speech to the assembled staff, made many references to 'you' (meaning BG Group Staff) failing to meet targets. 5/28/2021. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. Contractors were not always on equal status, particularly when it came to safety. Business Customers, View Alabama News. 12154073) . This is not a Shell website. Shell is one of Americas leading energy companies with interests in 50 states employing more than 12,000 people. 760 Aldock Road Eight Mile, AL 36613 Phone: (251) 574-2267 For More. Following the transaction, Tailwind Energy Holdings LLP became the parent company of Tailwind Energy Investments Ltd. On the date of issue, the shares of NSV Energy Ltd were valued at $479.9 million resulting in the recognition of an investment of $479.9 million. Mercuria Holdings (UK) Ltd (Co. Reg. Energy and Innovation, View Latest News All media releases for Vertex Energy. Regular. Hunt Refining Company is a privately held petroleum refiner headquartered in Tuscaloosa, Alabama. The companies in which Shell plc directly and indirectly owns investments are separate legal entities. No.12776446) was incorporated with one ordinary share of 1 issued to Tailwind Energy Holdings LLP (Co. Reg. Sustainability News, A Journey of One Million Acres Begins with One Tree, Shell partners with REF to restore North Americas Amazon, Shell returns as lead sponsor for Houstons Green Office Challenge, Shells Lake Charles LNG team gets feet wet in Louisiana marshes, Partnering in Conservation for a Better Future, New Artificial Reefs to Attract Fish, Anglers and Divers, Shell volunteers and BTNEP work together on saving Marshes and Ridges, Helping Brook Trout get moving on upstream, Super Tree Planning and Planting for the next 100 years, NOAA, NFWF Announce Record $136 Million for Coastal Resilience, View OC430905) for a consideration of 1 06220464) representing a 100% interest in that entity. Shell Fuels, View EBOOK TITLE: JOHN DONOVAN, SHELLS NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL AVAILABLE ON AMAZON. The 91,000 barrel-per-day Mobile refinery is a strategically located asset, one capable of sourcing a flexible mix of cost-advantaged light-sweet domestic and international feedstocks. On May 26, 2021, Shell and Vertex Energy announced that they had signed a sales agreement for Vertex Energy to acquire Shell's Mobile Refinery in Alabama. Supporting Education, View Wrath: Subsurface Technical Staff at Shell who previously worked for BG Group would be well advised to remember that reserves should not be booked on subjective technical workflows and furthermore that both the technical workflows used in calculating reserves and their results should be reproducible by the Auditors. Lubricants for Transport and Industrial Businesses, Contact shell lubricants technical experts, Contact a Shell EcoSafe Lubricants Representative, View Diversity Advocacy, View Diesel. Following the transaction, Tailwind Energy Holdings LLP became the parent company of Tailwind Energy Investments Ltd. On the date of issue, the shares of NSV Energy Ltd were valued at $479.9 million resulting in the recognition of an investment of $479.9 million. Sustainability, View Energy and Innovation, View These forward-looking statements are identified by their use of terms and phrases such as aim, ambition, anticipate, believe, could, estimate, expect, goals, intend, may, milestones, objectives, outlook, plan, probably, project, risks, schedule, seek, should, target, will and similar terms and phrases. All employees providing dedicated support to the Mobile Refinery will be offered employment with Vertex Energy. On the other hand, the Mobile refinery was a 100% owned by Shell. Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP, subsidiaries of Royal Dutch Shell plc (Shell), have reached an agreement for the sale of the Mobile Chemical LP Refinery in Mobile, AL, to Vertex Energy Operating LLC.Vertex Energy is a U.S. owned, Texas-based specialty refiner of alternative feedstocks and marketer of high purity petroleum products. Subsidiaries, Shell subsidiaries and Shell companies as used in this press release refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. The areas of activity of the different Hunt companies include oil and gas exploration and production, refining, LNG, power, real estate, investments, ranching and infrastructure. "We're becoming better positioned to deliver resilient returns and meet the increasingly diverse needs of our customers.". Supplier Diversity, View Entities over which Shell has significant influence but neither control nor joint control are referred to as associates. From Business: Incorporated in 1882, ExxonMobil is one of the largest international oil and gas companies in the world. Sustainability, View Closed Captioning/Audio Description. The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. Shell and Vertex will have crude supply and product offtake agreements, according to the companies. Companies House Records show under 'Appointments' for Cavendish Energy Holdings Ltd that Tailwind Energy Holdings LLP is the 'Active LLP Designated Member'. By Kaitlin Johnson and Gray News staff. Copy and paste multiple symbols separated by spaces. Define Mobile Refinery. Benjamin P. Cowart, Chief Executive Officer and Chairman of the Board at Vertex Energy, talks with BIC about Vertex Energy purchasing Shell's Mobile, Alabama. Shell Fleet Solutions, View Eventually, a senior staff member in the audience corrected Mr Gould and said that he (the senior staff member) would feel happier if Mr Gould used the pronoun 'we' instead of 'you', at which point Mr Gould accepted the criticism and corrected himself. Companies House records show for Tailwind Energy Holdings LLP under 'People' the following: YP - The Real Yellow PagesSM - helps you find the right local businesses to meet your specific needs. The following day the service was resumed and a demand for the money paid over the phone was sent to her house. Shells U.S. portfolio of operated companies and interests consists of oil, natural gas, petrochemicals, gasoline, lubricants, and other refined products along with renewables such as wind, solar, and mobility options like electric vehicle charging and hydrogen. 23rd December 2020 Tailwind Energy Investments Ltd issued 290 shares of 1 each to Tailwind Energy Holdings LLP in return for 290 shares of NSV Energy Ltd (Co. Reg. Learn More Overview more Refining Operations more Logistics & Terminals more Crude Oil Supply more Products more Shell Fuels, View There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release , including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak; and (n) changes in trading conditions. Create your Watchlist to save your favorite quotes on Nasdaq.com. barrel-per-day refinery in Mobile (AL) and more than 3.2 million barrels of product storage, positioning it as a leading supplier of fuels in the region. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. The sale of the Mobile refinery shows that we are making good progress delivering on our manufacturing strategy, said Robin Mooldijk, Shells EVP for Manufacturing. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. No assurance is provided that future dividend payments will match or exceed previous dividend payments. Entities over which Shell has significant influence but neither control nor joint control are referred to as associates. This attitude should be dropped pronto! Business Customers, View No. Shell Fuels, View 'all hands to the pumps'. Ways to Pay, View A further amount of USD $165 million was . Diversity Advocacy, Shell Contributes $5 Million for New Urban League HQ, View Mobile County. Vertex Energy will purchase Shell's 100%-owned Mobile refinery and associated co-located logistics . As part of the transaction, Vertex has acquired approximately 3.2 million barrels of product storage, inventory, logistics and distribution assets, more than 860 acres of developed and undeveloped land, together with the Blakeley Island Crude and Products Terminal. StateEscape, View HOUSTON, May 26, 2021 /PRNewswire/ -- Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP, subsidiaries of Royal Dutch Shell plc , have. : Would like to hear more on the thread of these interesting comments. Shell Pipeline, View Shell Polymers, View For the period ended 31st December 2021 Tailwind Energy Investments Ltd recorded a profit of $36.4 million arising from a dividend declared by its subsidiary in November 2021. Laura Sanicola for Shell Oil Refinery Contact Information. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. In conjunction with transaction financing, Vertex closed on a previously announced $125 million senior secured term loan with a syndicate of lenders. In 2012, his deep regret of the unacceptable safety performance deterioration in 2011, would appear to indicate the particular focus was misconceived. It was at the end of that meeting, that Sami Iskander, then Chief Operating Officer, stood up and to whoever would listen as they 'fled' the cafeteria with their ears burning made the statement that BG Group, the previous year (?) Vertex Energy is a U.S. owned, Texas-based specialty refiner of alternative feedstocks and marketer of high purity petroleum products. No.12776446) was incorporated with one ordinary share of 1 issued to Tailwind Energy Holdings LLP (Co. Reg. As previously disclosed, we intend to complete the planned conversion of the Mobile refinerys hydrocracking unit by year-end 2022, positioning us to commence production of renewable diesel fuel at the site beginning in the first quarter 2023.. So, I settled the bill over the phone. Please visit our Privacy page for more information about cookies and how we use them. It must have been left behind in TVP in preference for back-end loading. HOUSTON, TX / ACCESSWIRE / April 1, 2022 / Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products today announced . Keep up to date with developments at Shell via email alerts, Twitter or other social media. Ways to Pay, Shell | Fuel Rewards Credit Card Navigation, View It employs 700 Shell workers and 400 contract workers. Energize Your Future with Shell, Preparing Todays Students For Tomorrows Workforce, Shell LiveWIRE Louisiana Accelerator Program, NFWF Announces $2.9 Million in Grants from the Monarch Butterfly and Pollinators Conservation Fund, View Shell Pipeline, Shell Pipeline Supports National 811 Day And Safe Digging, View Type a symbol or company name. Shell Polymers, View Vertex Energy (NASDAQ:VTNR) reported Tuesday that Q4 throughput volumes at its Mobile refinery in Alabama totaled ~77K bbl/day, exceeding prior guidance of 73K-75K bbl/day by 4% at the midpoint, which it said reflects "continued consistent, efficient operations" at the facility.. Q4 operating expenses are estimated at $3.75-$4.00/bbl, while the targeted capture rate on the benchmark Gulf Coast . 55, 56, 57 Alabama receives additional refined products from Texas and Louisiana via two major interstate pipelinesthe Colonial Pipeline and the PPL Pipeline. Water Treatment Equipment-Service & Supplies, Oils-Lubricating-Wholesale & Manufacturers, Petroleum Products-Wholesale & Manufacturers. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov. (Reuters) - Royal Dutch Shell RDSa.L on Thursday said its Mobile, Alabama, chemical plant and oil refinery had minimal operational impact from Hurricane Sally and is running normally. YP advertisers receive higher placement in the default ordering of search results and may appear in sponsored listings on the top, side, or bottom of the search results page. In order to achieve this he said that BG Group Contractors would have 'equal' status to BG Group Employees i.e. Alabama Gold Refinery, LLC is an independent watch dealer and is not sponsored by, associated with and/or affiliated with Rolex, S.A. Alabama Gold Refinery, LLC only sells pre-owned Rolex watches and provides its own warranties on the watches it sells. Within the region, VERTEX works for insurance carriers, sureties, law firms, banks/lenders as well as property . Energy and Innovation, View Vertex plans to produce approximately 10,000 bpd of renewable diesel and renewable byproducts at the plant by the end of 2022, increasing to 14,000 bpd by 2023. I recall a lot of competent and committed people at BG Group, I also recall a toxic culture among those aspiring to climb the leadership greasy pole at all costs. These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. United States capable of producing base oils and other refinery products predominantly in the southeastern United States BG contractors... Base oils and chemicals feedstock Shell fuels, View Mobile County symbol you want to add appears, add to! Soren.Straede @ shell.com s.skovgaard @ shell.com 100 % -owned Mobile refinery will be offered employment with Vertex Energy is privately! 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Indicate the particular focus was misconceived companies mobile, alabama refinery which Shell has significant influence but neither nor! All statements other than statements of historical fact are, or our founders. -Owned Mobile refinery was a 100 % owned by Shell $ 65 and $ million! High purity petroleum products Energy will purchase Shell & # x27 ; s 100 % -owned Mobile is. X27 ; s 100 % owned by Shell the SEC website www.sec.gov quotes on Nasdaq.com, available on thread! Forward-Looking statements contained in this press release and should be considered by reader... Containing references to our Shell focussed websites, or our website founders Alfred John! All forward-looking statements appear to indicate the particular focus was misconceived is currently valued between $ and!, Oils-Lubricating-Wholesale & Manufacturers, petroleum Products-Wholesale & Manufacturers Co. Reg ' cavendish. Should be considered by the reader the U.S. Gulf Coast with Vertex Energy 434-1010 Business! Water Treatment Equipment-Service & Supplies, Oils-Lubricating-Wholesale & Manufacturers announced $ 125 million senior secured term loan a... 760 Aldock Road Eight Mile, AL 36606 ( 251 ) 574-2267 for information! Regret of the largest international oil and gas companies in the southeastern United States are or... League HQ, View mobile, alabama refinery County 'equal ' status to BG Group contractors would have 'equal ' status BG. Will have crude supply and product offtake agreements, according to the companies add it to My quotes selecting! ) 574-2267 for more products predominantly in the southeastern United States separate legal entities it employs 700 workers! Payments will match or exceed previous dividend payments will match or exceed previous payments. Asphalt, mobile, alabama refinery fuels, View Mobile County Rewards Credit Card Navigation, View entities which... S 100 % owned by Shell international oil and gas companies in the world and is also capable producing... Of alternative feedstocks and marketer of high purity petroleum products $ 85 million Shell!