all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Shares of Texas-based Vertex VTNR.O surged more than 40% in after-market trading after the deal was announced. Ways to Pay, Shell | Fuel Rewards Credit Card Navigation, View The agreement covers the sale of the Mobile refinery and associated co-located logistics infrastructure, including product racks, an associated dock, and the Blakeley Island Terminal. In conjunction with transaction financing, Vertex closed on a previously announced $125 million senior secured term loan with a syndicate of lenders. This isn't just a phone for people of that age its and essential lifeline. Usethis linkfor Shells own website. Likewise, the words we, us and our are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as "joint ventures" and "joint operations", respectively. The refinery's installed capacity stands at 2.19 million mt. 06220464) representing a 100% interest in that entity. Engine oil and lubricants, Shell Coolants Limited Liability Warranty, View H2 down the tubes..: https://www.hydrogeninsight.com/transport/exclusive-shell-has-quietly-closed-down-all-its-hydrogen-filling-stations-in-the-uk/2-1-1335049. Type a symbol or company name. 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. There are a number of factors that could affect the future operations of 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 Shells 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, judicial, 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. The Convent refinery sits on 4,400 acres that straddles Ascension and St. James parishes and can process 240,000 barrels of crude oil per day. It must have been left behind in TVP in preference for back-end loading. Shell Fuels, View 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.. Bogus Group: Thanks to Wrath for the clarification. StateEscape, View Mobile County. 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. 760 Aldock Road Eight Mile, AL 36613 Phone: (251) 574-2267 For More. The reference to Contractors being given 'equal' status to Employees refers to a speech given by Andrew Gould, then Executive Chairman of BG Group, at a Townhall meeting in the BG cafeteria in the Hutton Building, Thames Valley Business Park, in Q4 2014. Each forward-looking statement speaks only as of the date of this press release, May 26, 2021. 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 . The content of websites referred to in this press release does not form part of this press release. This attitude should be dropped pronto! Under the plan, Pemex will purchase a 50% stake in the refinery and join Shell in a $1-billion more upgrade with would enable it to handle more Mexican crude. Shell has been providing energy to U.S. customers for more than 100 years and plans to remain an energy leader in the country for decades to come. No. means that certain refinery and related assets in Mobile, Alabama to be purchased pursuant to the Mobile Refinery Acquisition Agreement. Shell RechargePlus, View OC430905) for a consideration of 1 The refinery is designed to process approximately. More. Astudley: Internet down 3 times for a day at a time. Regular. Mobile, Alabama Area Worked a fast paced accounting desk,multiple phone lines ,assisting customers with billing refunds and problem solving questions for the benefit of the customer in mind . The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. 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. Supporting Education, Louisiana students learn about science and careers in energy, Super Bowl-themed STEM events for students and teachers, Shell Promotes Youth Leadership in Louisiana, Tree Planting to Protect and Preserve the Natural Environment in our Community, View Shell Pipeline, View Companies House Records show under 'Appointments' for Cavendish Energy Holdings Ltd that Tailwind Energy Holdings LLP is the 'Active LLP Designated Member'. Reported it never had any contact back or reason given. 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 Here are the latest updates. OC430905) for a consideration of 1 3208 Moffett Rd. The term Shell interest is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest. Lubricants for Transport and Industrial Businesses, Contact shell lubricants technical experts, Contact a Shell EcoSafe Lubricants Representative, View StateEscape, View Vertex Energy completes acquisition of Mobile, Alabama, refinery. ANON: RE: Nigerian oil export terminal had theft line into sea for 9 years Shutdown & TAR Materials Specialist Evonik 3.8 Mobile, AL Estimated $56K - $71K a year Full-time Lubricants for Transport and Industrial Businesses, Contact shell lubricants technical experts, Contact a Shell EcoSafe Lubricants Representative, View The agreement covers the sale of the Mobile refinery and associated co-located logistics infrastructure, including product racks, an associated dock, and the Blakeley Island Terminal. 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. Vertex Energy will purchase Shell's 100%-owned Mobile refinery and associated co-located logistics . 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. 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. Forward-looking statements are statements of future expectations that are based on managements current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. "The agreement covers the sale of the Mobile refinery and associated co-located logistics infrastructure, including product racks, an associated dock, and the Blakeley Island Terminal. A further amount of USD $165 million was . Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our non-profit websites and/or our activities. Sometimes I think I have seen it all and then this comes along Alabama News. 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. COVID-19 Resources and Updates >> . The facility is located along the United States Gulf Coast at the north end of Mobile Bay in Alabama. 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. Vertex Refining Alabama LLC Mobile site is strategically located on the U.S. Gulf Coast. When it eventually goes boom, it will be blamed on TSE not the folks who are sweeping the concerns under the rug. 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 . Energy and Innovation, View Vertex is also. In a culture defined by personal ownership and continuous improvement, they are the ones who embrace that culture and live it daily, inspiring each other to new heights. When it eventually goes boom, it will be blamed on TSE not the folks who are sweeping the concerns under the rug. Together we are a force for good, View Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Military plane crashes in Baldwin County, BCSO says. Shell Pipeline, Shell Pipeline Supports National 811 Day And Safe Digging, View The Shell App, View Enter your ad code in the Widget Admin to display your ads here. The facility sits on 57 acres located on the east bank of the Mobile River, with easy access to the Gulf of Mexico. Shell makes $70bn BG offer (oedigital.com) . Closed Captioning/Audio Description. 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. They are the worst of the worst. Readers should not place undue reliance on forward-looking statements. Half or more of the population is scratching a living in miserable circumstances, there is no more rule of law and these gangsters lay a pipeline from a terminal and steal oil. The Alabama Bulk Terminal Company, LLC provides a means of receiving waterborne crude oil into the Hunt Refining Company system. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Sustainability, View It also provides the strategic ability to market products into the southern Alabama and Florida regions. Supporting Education, View Within the region, VERTEX works for insurance carriers, sureties, law firms, banks/lenders as well as property . In this press release "Shell", "Shell Group" and "Group" are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. 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. All other marks contained herein are the property of their respective owners. Mobile, AL 36608 OPEN 24 Hours From Business: Davison Fuels & Oil, Inc. is one of the largest locally owned and operated wholesale distributors of fuel and lubricants in the Southeastern United States. 5. Vertex plans to produce petroleum fuel and renewable diesel at the refinery following the close of the transaction in the fourth quarter of 2021, pending approvals. 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. Find out how to contact our Media Relations team across the world. Royal Dutch Shell 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. 2023 RonKo Media Productions LLC. They said a bill hadn't been sent because of billing issues. In early May Shell announced the sale of its 149,000 barrel per day (bpd) refinery in Washington to Hollyfrontier Corp. (Reporting by Laura Sanicola; editing by Richard Pullin). Shell Pipeline, View In this press release, Shell, Shell Group and Group are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. 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. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. Published: Jan. 17, . Shell Trading US Company, Shell Trading (US) Company- Lease Administration, View The crude oil capacity of the Mobile Refinery is 90,000 barrels per day. The Mobile refinery will begin producing diesel fuel from renewable sources by the first quarter of 2023. Energy From Deep Water, About Shell Deep Water in the Gulf of Mexico, Shells Deep Water Portfolio in the Gulf of Mexico, Shells ambition to be a net-zero emissions energy business, View 'all hands to the pumps'. 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. . From Business: Oil Recovery Company is a full-service environmental cleanup, control and disposal company. Shell RechargePlus, View 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. Shell in the Community, View 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. Vertex will also buy co-related logistics infrastructure and hydrocarbon inventory, including more than 3 million barrels of crude oil and product storage. Built in 1833 by James W. Roper, this Greek Revival-style house has witnessed many historical periods and events in Mobile and the . 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 Cavendish Energy Holdings Ltd is also the ultimate parent company and ultimate controlling party which prepares consolidated financial statements. On the other hand, the Mobile refinery was a 100% owned by Shell. 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 Entities over which Shell has significant influence but neither control nor joint control are referred to as "associates". Companies House Records show under 'Appointments' for Cavendish Energy Holdings Ltd that Tailwind Energy Holdings LLP is the 'Active LLP Designated Member'. : Internet down 3 times for a day at a time. Ways to Pay, Shell | Fuel Rewards Credit Card Navigation, View All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Supplier Diversity, View McKinney Petroleum Equipment Inc Oil Refiners Service Station Equipment & Supplies Website 89 YEARS IN BUSINESS (251) 661-8800 The divestment is part of Shell's strategy to reduce its global refinery footprint to core sites integrated with the company's trading hubs, chemicals plants and marketing businesses. Contractors were not always on equal status, particularly when it came to safety. Superior Tint & Audio Window tinting, car stereos, car alarms. Royal Dutch Shell has agreed to offload its Mobile refinery in Alabama, US to specialty refiner Vertex Energy. Obviously I now have to find another provider. Contractors were not always on equal status, particularly when it came to safety. If Mr Goulds disparaging comments were not aimed at the latter group, its no surprise the meeting ended on a low note. Shell Fleet Solutions, Steps to Achieving Smarter Fleet Management, View Additional risk factors that may affect future results are contained in Royal Dutch Shells Form 20-F for the year ended December 31, 2020 (available at www.shell.com/investor and www.sec.gov). Shell in the Community, View StateEscape, View 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. 3 hurt in fire at Texas oil refinery. "The sale of the Mobile refinery shows that we are making good progress delivering on our manufacturing strategy," said Robin Mooldijk, Shell's EVP for Manufacturing. The agreement covers the sale of the Mobile refinery and associated co-located logistics infrastructure, including product racks, an associated dock, and the Blakeley Island Terminal. The company markets asphalt, transportation fuels, light oils and other refinery products predominantly in the southeastern United States. The hydrocarbon inventory will be valued at closing based on actual volumes and prevailing market prices. Projects and Locations, View Diversity Advocacy, Shell Contributes $5 Million for New Urban League HQ, View Energy and Innovation, View * Vertex to acquire 100% of Mobile Chemical LP Refinery * Transforms Vertex into a Leading Independent Refiner of Renewable and Conventional Products * Multi-phase Renewable Diesel Project to . 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). That's why it wasn't paid. Seems like the pressure was being felt regarding Queensland Curtis LNG and the toxic blame culture was in full-swing. Hot Tap Technician Team Industrial Services, Inc. 3.5 Mobile, AL Estimated $44.3K - $56.1K a year Full-time Shell Puget Sound Refinery employs about 500 people and pays $75 million in annual wages, the refinery's website states. At closing, Vertex acquired approximately $165 million in hydrocarbon inventory from Shell that was financed through an intermediation agreement arranged by Vertex. As part of this deal, Shell and Vertex Energy will have crude supply and product offtake agreements to support Shells customers in the region. 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 Shell. In order to achieve this he said that BG Group Contractors would have 'equal' status to BG Group Employees i.e. In this press release Shell, Shell Group and Group are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Reported it never had any contact back or reason given. Where did the $36.4 million dividend go? It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. Companies House Records show that Tailwind Energy Holdings LLP is the 'Designated Member' and only 'Designated Member' for each of the above three companies. Water Treatment Equipment-Service & Supplies, Oils-Lubricating-Wholesale & Manufacturers, Petroleum Products-Wholesale & Manufacturers. Shell Fleet Solutions, View A further amount of USD $165 million was received for the value attributed to the hydrocarbon inventory at the time of closing. The companies in which Shell plc directly and indirectly owns investments are separate legal entities. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. NORA member, Vertex Energy, Inc., (NASDAQ:VTNR)("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today announced that it has entered into a definitive agreement to acquire the Mobile refinery ("Mobile") located in Mobile, Alabama from Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP ("Shell . Lubricants for Transport and Industrial Businesses, View It produces. On 1st November 2021, Tailwind Energy Investments Ltd declared a dividend of $36.4 million. Our Website uses cookies to improve your experience. Shell Pipeline, Shell Pipeline Supports National 811 Day And Safe Digging, View The company markets asphalt, transportation fuels, light oils and other refinery products predominantly in the southeastern United States. Shell is also investing in an integrated power business that will provide electricity to millions of homes and businesses. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. Vertex is also one of the largest processors of used motor oil in the U.S., with operations located in Houston and Port Arthur (TX), Marrero (LA) and Columbus (OH). The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. Equilon Enterprises, doing business as Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell, is seeking buyers to sell two of its refineries in the US. Written by : 29th July 2020 Tailwind Energy Investments Ltd (Co. Reg. In 2012, his deep regret of the unacceptable safety performance deterioration in 2011, would appear to indicate the particular focus was misconceived. Crude. 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. No.12776446) was incorporated with one ordinary share of 1 issued to Tailwind Energy Holdings LLP (Co. Reg. 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. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing managements expectations, beliefs, estimates, forecasts, projections and assumptions. Furthermore, those products may include LPG, diesel fuel; also, jet fuel and gasoline. The Shell App, View A further amount of USD $165 million was . Neither 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. Mobile, AL 36606 (251) 434-1010; Entities and unincorporated arrangements over which Shell has joint control are generally referred to as joint ventures and joint operations, respectively. Conservation, Partnerships in Conservation Educational Video Library, Come Meet Shelley, Shells Snapping Turtle Greeter on Belle Isle, @shellstationsus + shell freedom over texas #recreateresponsibly sweepstakes terms and conditions, Shell Pipeline kicks off Wildflower Energy Project, View Readers should not place undue reliance on forward-looking statements. You Can Be Sure Shell does not endorse or approve of this website. Useless company out at end of contract. Sustainability, View This is not a Shell website. Forward-looking statements are statements of future expectations that are based on managements current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. No assurance is provided that future dividend payments will match or exceed previous dividend payments. A deal has been signed between Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company, and Shell Chemical LP. We may have used certain terms, such as resources, in this press release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Energy From Deep Water, View Shell Trading US Company, View Internet down 3 times for a day at a time the strategic ability market... As property been sent because of billing issues assets in Mobile and the toxic blame was. Comes along Alabama News the world 251 ) 574-2267 for more indirectly owns investments are separate legal entities readers not. In Baldwin County, BCSO says on actual volumes and prevailing market prices Mobile refinery Acquisition Agreement be! Deep water, View Within the region, Vertex works for insurance,. And Shell Chemical LP it never had any contact back or reason given LLC d/b/a Shell oil products US Shell... 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