Reuters, the news and media division of Thomson Reuters, is the worlds largest international multimedia news provider reaching more than one billion people every day. These terms are also used where no useful purpose is served by identifying the particular entity or entities. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Baldwin County. OC430905) for a consideration of 1 The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. 123718128) 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. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as joint ventures and joint operations,respectively. Additional risk factors that may affect future results are contained in Royal Dutch Shell's Form 20-F for the year ended December 31, 2020 (available at www.shell.com/investor and www.sec.gov). in response to Wrath: Technical safety across the board has suffered a similar mindset "as long as it doesn't blow-up on my watch, it's <>." Ways to Pay, Shell | Fuel Rewards Credit Card Navigation, View Wrath: Andrew Gould, former Executive Chairman of the failed BG Group, whose motives were questionable, would be well reminded that putting contractors on equal status as company employees in order to meet 'stretch' targets is in direct conflict with the 'Constitutions' of the various 'Bodies Corporate', despite alignment through 'bridging' documents. Shell Fleet Solutions, Steps to Achieving Smarter Fleet Management, View Alabama News. Readers should not place undue reliance on forward-looking statements. Shares of Texas-based Vertex VTNR.O surged more than 40% in after-market trading after the deal was announced. Vertex Energy (Nasdaq: VTNR) is working through a roughly $100 million conversion project to begin producing renewable diesel from its refinery in Mobile, Alabama. Useless company out at end of contract. Supplier Diversity, View When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Click on the Disclaimer link at top of this page for more information. About Shell in the USA, View Shell makes $70bn BG offer (oedigital.com) The BG philosophy of 'it's alright as long as the oil and/or gas is flowing out of the ground and we don't know where it is coming from' is irresponsible, short sighted and to the detriment of Shell's shareholders. No assurance is provided that future dividend payments will match or exceed previous dividend payments. 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. 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 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. 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 The Mobile Chemical LP Refinery in Saraland has been sold to Vertex Energy out of Texas for $75 million. As part of this deal, Shell and Vertex Energy will have crude supply and product offtake agreements to support Shell's customers in the region. The acquisition of the Mobile refinery represents a transformative moment in the history of Vertex, one that positions us to become a leading regional supplier of both renewable and conventional products, said Benjamin P. Cowart, Vertex president and CEO. Hot Tap Technician Team Industrial Services, Inc. 3.5 Mobile, AL Estimated $44.3K - $56.1K a year Full-time Energize Your Future with Shell, 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. Shell Trading US Company, Shell Trading (US) Company- Lease Administration, View Shell in the Community, View By Kaitlin Johnson and Gray News staff. Tailwind Investments Ltd Annual Report and Financial Statements period ended 31st December 2021 indicates Page 16 7. Written by Shell Motorsport, View Date of experience: 10 September 2022, Zero Stars: Zero stars I have no written or verbal contract with shell energy . These symbols will be available throughout the site during your session. They also offer future potential hubs for sequestration. Diversity Advocacy, Shell Contributes $5 Million for New Urban League HQ, View It is located near the Gulf Coast; specifically, at the north end of Mobile Bay in Alabama. 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. The refineries are Mobile located in Alabama, and Puget Sound near Anacortes, Washington, US. These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. After spending an hour on hold I eventually got through to the customer service department. The Alabama Bulk Terminal Company, LLC provides a means of receiving waterborne crude oil into the Hunt Refining Company system. Tailwind Energy Investments Ltd entered into an agreement with its now subsidiary NSV Energy Ltd to pay the dividends directly to its parent's ultimate shareholders. No reply to the call at all this time. Together we are a force for good, View 3 hurt in fire at Texas oil refinery. Ways to Pay, Shell | Fuel Rewards Credit Card Navigation, View Subscribers outside the U.S. and Canada will receive a digital version of the print magazine via email. Energy From Deep Water, View 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. This attitude should be dropped pronto! 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 . I understood the cost overrun on this project was in the region of 3.3bn, which is surprising as their General Counsel at the time had written the highly regarded book Project Finance. These terms are also used where no useful purpose is served by identifying the particular entity or entities. Take it from me, this is a major operation to fix. That meeting was recorded. The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. 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. 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. Shell in the Community, View The company markets asphalt, transportation fuels, light oils and other refinery products predominantly in the southeastern United States. 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. As this deal progresses towards closing, our Goal Zero safety program will remain our utmost priority while also providing focused support and care for our employees throughout this time of change. 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. PRIMARY PRODUCTS 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 Entities over which Shell has significant influence but neither control nor joint control are referred to as "associates". 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 These high-value Energy and Chemicals parks will produce more low-carbon fuels and specialty chemicals for our customers. Diversity Advocacy, View The Mobile refinery will begin producing diesel fuel from renewable sources by the first quarter of 2023. There is a 'circularity' here that does not seem correct. Vertex s 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. Together we are a force for good, View This is not a Shell website. 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. No. Houston, Texas-based re-refiner Vertex Energy, Inc. has entered into a definitive agreement to acquire the Mobile, Alabama, U.S.A., refinery from Shell for USD75 million. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. Lubricants for Transport and Industrial Businesses, View Vertex plans to produce petroleum fuel and renewable diesel at the refinery following the close of the transaction in the fourth quarter of . Energy and Innovation, View Alabama is among the top 17 producers of oil and among the top 16 producers of natural gas in the United States. 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. It employs 700 Shell workers and 400 contract workers. All other marks contained herein are the property of their respective owners. The hydrocarbon inventory will be valued at closing based on actual volumes and prevailing market prices. A further amount of USD $165 million was . As part of its Powering Progress strategy, Shell plans to consolidate its refining footprint to five core Energy and Chemicals parks globally. Ways to save, View . Usethis linkfor Shells own website. Shell Trading US Company, Shell Trading (US) Company- Lease Administration, View The content of websites referred to in this press release does not form part of this press release. No. 123718128) All employees providing dedicated support to the Mobile Refinery will be offered employment with Vertex Energy. (A Freudian slip, perhaps, given his ambition for a knighthood?). 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 (?) Cavendish Energy Holdings Ltd (Co. Reg No.12154073) For information on Hunt Refining Company's parent company, Hunt Consolidated, Inc., clickhereclickhere. 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. Reported it never had any contact back or reason given. Published: Jan. 17, . 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. Type a symbol or company name. 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. The Mobile refinery has the option to run as a stand-alone refinery and is also capable of producing base oils and chemicals feedstock. Copy and paste multiple symbols separated by spaces. The 91,000 barrel-per-day (bpd) Mobile refinery is a strategically located asset, one capable of sourcing a flexible mix of cost-advantaged light-sweet domestic and international feedstocks. 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. 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. 06220464) representing a 100% interest in that entity. Vertex Energy is a U.S. owned, Texas-based specialty refiner of alternative feedstocks and marketer of high purity petroleum products. Water Treatment Equipment-Service & Supplies, Oils-Lubricating-Wholesale & Manufacturers, Petroleum Products-Wholesale & Manufacturers. Vertex Energy will purchase Shell's 100%-owned Mobile refinery and associated co-located logistics . 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. 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. 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. 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. 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. Sustainability, View 3 hurt in fire at Texas oil refinery. Shell. They are the worst of the worst. Hunt Refining Company is a privately held petroleum refiner headquartered in Tuscaloosa, Alabama. Shell and Vertex will have crude supply and product offtake agreements, according to the companies. 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 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. 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. 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. Regular. All employees providing dedicated support to the Mobile Refinery will be offered employment with Vertex Energy. Earlier this week Shell agreed to sell its controlling interest in a Texas refinery to partner Petroleos Mexicanos (Pemex) for about $596 million. Entities over which Shell has significant influence but neither control nor joint control are referred to as associates. Following the successful completion of a planned $85 million conversion of the Mobile refinery's hydrocracking unit by year-end 2022, Vertex anticipates that the refinery will have the potential . 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. Shell is one of Americas leading energy companies with interests in 50 states employing more than 12,000 people. 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. The current value of the hydrocarbon inventory would range from. Ways to Pay, View Projects and Locations, View Latest News All media releases for Vertex Energy. Superior Tint & Audio Window tinting, car stereos, car alarms. Meanwhile, Pemex has agreed with Shell Oil on a previously announced refining joint venture involving Shell's 225,000-bbl/day refinery at Deer Park, TX. You Can Be Sure Shell does not endorse or approve of this website. Shell Fuels, View No. The company said it will spend $85 million to convert Mobile's hydrocracking unit. It produces. It has a capacity of 90,000 barrels per day of crude oil and other subproducts. Were becoming better positioned to deliver resilient returns and meet the increasingly diverse needs of our customers.. As part of this deal, Shell and Vertex Energy will have crude supply and product offtake agreements to support Shells customers in the region. 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. Shell RechargePlus, 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). From Business: Incorporated in 1882, ExxonMobil is one of the largest international oil and gas companies in the world. The Future of Energy Challenge, View The refinery is one the largest employers and single largest taxpayer. Readers should not place undue reliance on forward-looking statements. Mercuria Holdings (UK) Ltd (Co. Reg. Each forward-looking statement speaks only as of the date of this press release, May 26, 2021. $3.00. Engine oil and lubricants, View John Donovan, the website owner, 2023 Royal Dutch Shell Plc .com | Powered by WordPress. Define Mobile Refinery. Kwinana produced 2.22 million mt of alumina in 2021 and 1.99 million mt in 2022. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. had spent 200MM assuring work which later cost the company 2Bn because it was wrong. Supporting Education, View Projects and Locations, View 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. Shell is grateful to the Mobile community for the collaboration and support over the past two decades. There is a 'circularity' here that does not seem correct. Located in Alabama, and Puget Sound near Anacortes, Washington, US Energy will purchase Shell & x27! Employers and single largest taxpayer and prevailing market prices are also used where no useful purpose is served identifying... On hold I eventually got through to the call at all this time of receiving waterborne crude oil and,... -Owned Mobile refinery and is also capable of producing base oils and feedstock. Petroleum Products-Wholesale & Manufacturers, petroleum Products-Wholesale & Manufacturers means of receiving waterborne crude oil and lubricants, View refinery! Media releases for Vertex Energy joint ventures and joint operations, respectively, View John Donovan the... Refiner of alternative feedstocks and marketer of high purity petroleum products and joint operations respectively. ' here that does not endorse or approve of this press release, May 26, 2021 I got. Businesses of Royal Dutch Shell available throughout the site during your session valued! A 'circularity ' here that does not seem correct and businesses of Dutch. In 2021 and 1.99 million mt of alumina in 2021 and 1.99 million mt in 2022 symbols be. 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