Diesel. The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. All employees providing dedicated support to the Mobile Refinery will be offered employment with Vertex Energy. 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 Enter your ad code in the Widget Admin to display your ads here. 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. 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). Our Website uses cookies to improve your experience. The company said it will spend $85 million to convert Mobile's hydrocracking unit. 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. Rolex Datejust, Rolex Day Date President, Submariner, Presidential, Explorer, Sea Dweller, Super President, GMT Master, GMT, YachtMaster, Prince, Milgauss, MasterPiece, Air King, Cosmograph Daytona, and PearlMaster are all registered trademarks of the Rolex Corporation ( Rolex USA, Rolex S.A.). In 2012, his deep regret of the unacceptable safety performance deterioration in 2011, would appear to indicate the particular focus was misconceived. 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 refinery is designed to process approximately 90,000 barrels per. The Mobile Chemical LP Refinery in Saraland has been sold to Vertex Energy out of Texas for $75 million. OC430905) for a consideration of 1 (A Freudian slip, perhaps, given his ambition for a knighthood?). Mobile, AL 36606 (251) 434-1010; Public File. 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. Readers should not place undue reliance on forward-looking statements. Shell will maintain branded businesses in Alabama and the U.S. Gulf Coast and will have crude supply and product offtake agreements with Vertex Energy to support its customers in the region. StateEscape, View : Technical safety across the board has suffered a similar mindset "as long as it doesn't blow-up on my watch, it's <>." The Mobile refinery is located at the north end of Mobile Bay in Alabama near the U.S. Gulf Coast. ''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 Shell plc and its subsidiaries in general or to those who work for them. Nigeria is simply doomed with all the corruption. As part of its Powering Progress strategy, Shell plans to consolidate its refining footprint to five core Energy and Chemicals parks globally. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. But a lot of stress for my mother. 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. Diversity Advocacy, Shell Contributes $5 Million for New Urban League HQ, View Cision Distribution 888-776-0942 Shell Polymers, 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. The transaction is expected to close in the fourth quarter of 2021, subject to regulatory clearance and various closing conditions. Sustainability, View All rights reserved. $5.00. Entities over which Shell has significant influence but neither control nor joint control are referred to as associates. 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. 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 When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. The Future of Energy Challenge, View 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. We Pay Top Dollar for all Rolex Watches. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. It also provides the strategic ability to market products into the southern Alabama and Florida regions. 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 The company markets asphalt, transportation fuels, light oils and other refinery products predominantly in the southeastern United States. 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. It must have been left behind in TVP in preference for back-end loading. Hunt Consolidated, Inc. is the flagship entity of the entire Hunt family of companies, a privately owned group of entities based in Dallas, Texas. The Mobile refinery has the option to run as a stand-alone refinery and is also capable of producing base oils and chemicals feedstock. Seems like the pressure was being felt regarding Queensland Curtis LNG and the toxic blame culture was in full-swing. 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). HOUSTON Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell USA, Inc., and Shell Chemical LP, subsidiaries of Shell plc (Shell), has completed the sale of its Chemical LP Refinery in Mobile, Alabama, to Vertex Energy Operating LLC (Vertex Energy), for $75 million in cash plus the value of the hydrocarbon inventory and other closing adjustments and accrued liabilities. All Rights Reserved. Shell Pipeline, Shell Pipeline Supports National 811 Day And Safe Digging, View No. So the top brass must have been involved. During that speech, Mr Gould also said that it was vital that BG Group meet their targets, especially first export of QC LNG coalbed methane to LNG, by year end. Shell in the Community, 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. 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. Each forward-looking statement speaks only as of the date of this press release, May 26, 2021. It produces. Alabama News. Vertex plans to produce petroleum fuel and renewable diesel at the refinery following the close of the transaction in the fourth quarter of . Mobile County. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing managements expectations, beliefs, estimates, forecasts, projections and assumptions. Diversity Advocacy, Shell Contributes $5 Million for New Urban League HQ, View From Business: Incorporated in 1882, ExxonMobil is one of the largest international oil and gas companies in the world. As part of this deal, Shell and Vertex Energy will have crude supply and product offtake agreements to support Shells customers in the region. A further amount of USD $165 million was . These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. They are the worst of the worst. Companies House records show for Tailwind Energy Holdings LLP under 'People' the following: 3 hurt in fire at Texas oil refinery. Alabama is among the top 17 producers of oil and among the top 16 producers of natural gas in the United States. 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 . Engine oil and lubricants, 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. 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. Sustainability, View As part of its Powering Progress strategy, Shell plans to consolidate its refining footprint to five core Energy and Chemicals parks globally. The hydrocarbon inventory will be valued at closing based on actual volumes and prevailing market prices. Oil and gas are found in many counties as well as in Mobile Bay. 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. EBOOK TITLE: TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD AVAILABLE ON AMAZON. $3.00. This press release contains forward-looking statements (within the meaning of the U.S. The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. 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. Tailwind Investments Ltd Annual Report and Financial Statements period ended 31st December 2021 indicates Page 16 7. Diversity Advocacy, View Business Customers, 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. 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. Energize Your Future with Shell, View 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. Sometimes I think I have seen it all and then this comes along And among the top 16 producers of oil and gas are found in many counties as well in. Is expected to close in the WORLD AVAILABLE on AMAZON following the close of the U.S designed process... 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