OC430905) for a consideration of 1 These high-value Energy and Chemicals parks will produce more low-carbon fuels and specialty chemicals for our customers. It employs 700 Shell workers and 400 contract workers. 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. Energy From Deep Water, View 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. On the other hand, the Mobile refinery was a 100% owned by Shell. The following day the service was resumed and a demand for the money paid over the phone was sent to her house. Vertex Energy (VTNR -4.3%) said Friday it completed the previously announced acquisition of Shell's (SHEL +0.7%) 91K bbl/day Mobile, Alabama, refinery for a base purchase price of $75M plus the. 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). It produces. Shutdown & TAR Materials Specialist Evonik 3.8 Mobile, AL Estimated $56K - $71K a year Full-time 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). Each forward-looking statement speaks only as of the date of this press release, May 26, 2021. : Would like to hear more on the thread of these interesting comments. Dividends of $36.4 million ($125,245.7 per share) were declared by Tailwind Energy Investments Ltd for the period ended 31st December 2021. 55, 56, 57 Alabama receives additional refined products from Texas and Louisiana via two major interstate pipelinesthe Colonial Pipeline and the PPL Pipeline. 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. 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 Shell RechargePlus, View Our shellenergy.websiterepublishes Shell Energy customercomplaints posted on Trustpilot where there is an ample supply. 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 Motorsport, View Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. 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. All employees providing dedicated support to the Mobile Refinery will be offered employment with Vertex Energy. The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. Wrath: In response to Bogus Group's enquiry. 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. About Shell in the USA, View Hunt Consolidated, Inc. is the flagship entity of the entire Hunt family of companies, a privately owned group of entities based in Dallas, Texas. For information on Hunt Refining Company's parent company, Hunt Consolidated, Inc., clickhereclickhere. In Alabama, VERTEX has a field office in Fairhope, within a one-hour drive from Mobile. : Technical safety across the board has suffered a similar mindset "as long as it doesn't blow-up on my watch, it's <>." There are no subscription charges nor do we solicit or accept donations. 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. No.12776446) was incorporated with one ordinary share of 1 issued to Tailwind Energy Holdings LLP (Co. Reg. Cision Distribution 888-776-0942 More. 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. 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 Additional risk factors that may affect future results are contained in Shell plcs Form 20-F for the year ended December 31, 2020(available at www.shell.com/investor and www.sec.gov). Supporting Education, View 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. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. The companies in which Shell plc directly and indirectly owns investments are separate legal entities. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. 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. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. Engine oil and lubricants, View The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. HOUSTON, May 26, 2021 /PRNewswire/ --Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Companyand 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). Shell Fleet Solutions, View 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. Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, provided an update on the Company's Mobile, Alabama Refinery renewable diesel conversion project, including a strategic extension of the planned construction timeline. Supplier Diversity, View They are the worst of the worst. Regular. Tailwind Investments Ltd Annual Report and Financial Statements period ended 31st December 2021 indicates Page 16 7. Ways to save, View This press release contains forward-looking statements (within the meaning of the U.S. The Shell App, 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. 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. Projects and Locations, View Vertex Energy (Nasdaq: VTNR) is working through a roughly $100 million conversion project to begin producing renewable diesel from its refinery in Mobile, Alabama. No. means that certain refinery and related assets in Mobile, Alabama to be purchased pursuant to the Mobile Refinery Acquisition Agreement. Entities over which Shell has significant influence but neither control nor joint control are referred to as "associates". This press release contains forward-looking statements (within the meaning of the U.S. The divestment is part of Shells strategy to reduce its global refinery footprint to core sites integrated with the companys trading hubs, chemicals plants and marketing businesses. On 1st November 2021, Tailwind Energy Investments Ltd declared a dividend of $36.4 million. The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. 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. 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. * 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 . 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 . It has the optionality to run as a stand-alone refinery, produce base oils or chemicals feedstock. 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. In conjunction with transaction financing, Vertex closed on a previously announced $125 million senior secured term loan with a syndicate of lenders. 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. In the BG Group 2010 annual report, Chapmans statement that contractor safety would be a particular focus in 2011, seemed to infer that contractor performance was the issue, however, BG Group were ultimately responsible for those at the worksites, including contractors. 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 . Vertex will also buy co-related logistics infrastructure and hydrocarbon inventory, including more than 3 million barrels of crude oil and product storage. 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. ''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. TERRIBLE: They cut off my 87 year old moms phone. DO NOT DEAL WITH THESE PEOPLE. 12154073) . 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. Bogus Group: Thanks to Wrath for the clarification. Business Customers, View No. The facility is located along the United States Gulf Coast at the north end of Mobile Bay in Alabama. Lubricants for Transport and Industrial Businesses, View Shell Fuels, View Shell RechargePlus, View The facility sits on 57 acres located on the east bank of the Mobile River, with easy access to the Gulf of Mexico. 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 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. 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, objectives, outlook, plan, probably, project, risks, schedule, seek, should, target, will and similar terms and phrases. Shell Polymers, View 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. Diversity Advocacy, View 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. The current value of the hydrocarbon inventory would range from. Tailspin: 29th July 2020 Tailwind Energy Investments Ltd (Co. Reg. It also provides the strategic ability to market products into the southern Alabama and Florida regions. The company markets asphalt, transportation fuels, light oils and other refinery products predominantly in the southeastern United States. Silver Bullion as low as $2.50 Over Spot! 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. Copy and paste multiple symbols separated by spaces. 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. Oil and gas are found in many counties as well as in Mobile Bay. As part. The company said it will spend $85 million to convert Mobile's hydrocracking unit. Furthermore, those products may include LPG, diesel fuel; also, jet fuel and gasoline. They also offer future potential hubs for sequestration. You Can Be Sure Shell does not endorse or approve of this website. These are the people that set targets, but if they cant perceive how to deliver, someone (not them) has to be held to account. No. Supplier Diversity, View The transaction is expected to close in the fourth quarter of 2021, subject to regulatory clearance and various closing conditions. Shell Puget Sound Refinery employs about 500 people and pays $75 million in annual wages, the refinery's website states. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. the new emperors have no clothes! 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. These are the people that set targets, but if they cant perceive how to deliver, someone (not them) has to be held to account. The Mobile Chemical LP Refinery in Saraland has been sold to Vertex Energy out of Texas for $75 million. 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 85 million to convert Mobile 's hydrocracking unit senior secured term loan with a syndicate of lenders the of... 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