OC430905) for a consideration of 1 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. 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. Energy From Deep Water, View 123718128) Kwinana produced 2.22 million mt of alumina in 2021 and 1.99 million mt in 2022. Sustainability, View "We're becoming better positioned to deliver resilient returns and meet the increasingly diverse needs of our customers.". No. Alabama News. 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. These high-value Energy and Chemicals parks will produce more low-carbon fuels and specialty chemicals for our customers. The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. 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 . 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. 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 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, 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. Energy and Innovation, View Skip to main content. The company markets asphalt, transportation fuels, light oils and other refinery products predominantly in the southeastern United States. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. About Shell in the USA, View Ways to save, View The Oakleigh House is the oldest house museum in Mobile. No reply to the call at all this time. 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. 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. ANON: RE: Nigerian oil export terminal had theft line into sea for 9 years The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. ''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. (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. Entities over which Shell has significant influence but neither control nor joint control are referred to as associates. 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 2012, his deep regret of the unacceptable safety performance deterioration in 2011, would appear to indicate the particular focus was misconceived. Seems like the pressure was being felt regarding Queensland Curtis LNG and the toxic blame culture was in full-swing. 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. Learn More Overview more Refining Operations more Logistics & Terminals more Crude Oil Supply more Products more At closing, Vertex acquired approximately $165 million in hydrocarbon inventory from Shell that was financed through an intermediation agreement arranged by Vertex. Here are the latest updates. See ourlink list of over 500 articlesby the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UKHouse of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission websiteetc. Where did the dividend go? 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. Homewood, AL 35209 Vertex Refining Alabama LLC Mobile site is strategically located on the U.S. 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. Mobile, AL 36606 (251) 434-1010; Public File. Shell Pipeline, View OC430905) for a consideration of 1 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. Shell RechargePlus, View It employs 700 Shell workers and 400 contract workers. 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. Mecuria Asset Holdings (Hong-Kong) Ltd A Private Ltd Company Projects and Locations, Shell New Energies Junction City, Biomethane Facility, Shell Downstream Bovarius, Biomethane Facility (Wendell, Idaho), Carson Renewable Compressed Natural Gas Fueling Site (Carson, California), Shell Downstream Galloway, Biomethane Facility (Plains, Kansas), Shell Downstream Friesian Biomethane Facility (Wendell, Idaho), Where Shell operates in the United States, The transition of our business to net-zero emissions, Shell completes sale of Mobile refinery in Alabama to Vertex Energy, Shell speaks to Congress about energy and climate. 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 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). Energy and Innovation, View Copy and paste multiple symbols separated by spaces. That meeting was recorded. VERTEX covers central and northern Alabama such as Birmingham, Tuscaloosa, and Huntsville, from our Atlanta office and Nashville field office. Shell Motorsport, 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. To help manage the inventory and working capital requirements of the transaction, Vertex secured a physical crude oil, feedstock and products supply and offtake agreement with Macquarie Commodities and Global Markets, concurrent with the closing of the transaction. Media Americas:+1 832 337 4355 Media International:+44 207 934 5550. Ways to save, 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. Each forward-looking statement speaks only as of the date of this press release, May 26, 2021. Lubricants for Transport and Industrial Businesses, Contact shell lubricants technical experts, Contact a Shell EcoSafe Lubricants Representative, View : 29th July 2020 Tailwind Energy Investments Ltd (Co. Reg. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as joint ventures and joint operations, respectively. Shell Pipeline, Shell Pipeline Supports National 811 Day And Safe Digging, View McKinney Petroleum Equipment Inc Oil Refiners Service Station Equipment & Supplies Website 89 YEARS IN BUSINESS (251) 661-8800 But a lot of stress for my mother. Founded in 1989, we are the oldest company of our kind on the Gulf, From Business: Davison Fuels & Oil Inc is a locally owned and operated wholesale petroleum products distribution company who doesn't measure success by what we have, 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., From Business: McKinney Petroleum Equipment specializes in sales and service of petroleum, commercial and industrial equipment and systems. 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. Shell Fleet Solutions, Steps to Achieving Smarter Fleet Management, View *Print journal available only in the U.S. and Canada until further notice. the new SEAM organization has made it abundantly clear, that safety has to be in "balance with business drivers of production and affordability." As part of this deal, Shell and Vertex Energy will have crude supply and product offtake agreements to support Shells customers in the region. Shell Puget Sound Refinery employs about 500 people and pays $75 million in annual wages, the refinery's website states. 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 The crude oil capacity of the Mobile Refinery is 90,000 barrels per day. The refinery is one the largest employers and single largest taxpayer. 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. 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. Shell Fuels, View Shell is also investing in an integrated power business that will provide electricity to millions of homes and businesses. Vertex s These factors are similar to those you might use to determine which business to select from a local Yellow Pages directory, including proximity to where you are searching, expertise in the specific services or products you need, and comprehensive business information to help evaluate a business's suitability for you. EBOOK TITLE: TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD AVAILABLE ON AMAZON. Supplier Diversity, 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. Business Customers, View 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. No. Our shellenergy.websiterepublishes Shell Energy customercomplaints posted on Trustpilot where there is an ample supply. Sustainability News, View 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 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. Vertex will also buy co-related logistics infrastructure and hydrocarbon inventory, including more than 3 million barrels of crude oil and product storage. Vertex owns a refinery in Mobile (AL) with an operable refining capacity of 75,000 barrels per day and more than 3.2 million barrels of product storage, positioning it as a leading supplier of fuels in the region. The Future of Energy Challenge, View had spent 200MM assuring work which later cost the company 2Bn because it was wrong. Ways to Pay, View About Shell in the USA, View Shell Fuels, View Type a symbol or company name. 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. With the Mobile refinery scheduled to operate at about 90% of operable capacity through second- quarter 2022 given current market conditions, Vertex said its $90-100 million capital project to. 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. 1927 29th Ave S. The content of websites referred to in this press release does not form part of this press release. It produces. Projects and Locations, Shell New Energies Junction City, Biomethane Facility, Shell Downstream Bovarius, Biomethane Facility (Wendell, Idaho), Carson Renewable Compressed Natural Gas Fueling Site (Carson, California), Shell Downstream Galloway, Biomethane Facility (Plains, Kansas), Shell Downstream Friesian Biomethane Facility (Wendell, Idaho), Where Shell operates in the United States, The transition of our business to net-zero emissions, Shell sells Alabama refinery to Vertex Energy, Shell speaks to Congress about energy and climate. 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. Shell. Vertex plans to produce petroleum fuel and renewable diesel at the refinery following the close of the transaction in the fourth quarter of . The. 12154073) . Cision Distribution 888-776-0942 Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Employees providing dedicated support to the refinery were offered employment with Vertex Energy with effect upon closing in accordance with the transaction. Contractors were not always on equal status, particularly when it came to safety. 3 hurt in fire at Texas oil refinery. 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. Conservation, View Take it from me, this is a major operation to fix. Lubricants for Transport and Industrial Businesses, View In September, the company said it expected to complete the project in Q1 of 2023, rather than at the end of 2022. 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. 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. Engine oil and lubricants, Shell Coolants Limited Liability Warranty, View The Mobile refinery processes foreign and domestic crudes that are used for the . If Mr Goulds disparaging comments were not aimed at the latter group, its no surprise the meeting ended on a low note. Entities over which Shell has significant influence but neither control nor joint control are referred to as associates. Shell in the Community, Shell Joins the United Negro College Fund Walk for Education, Shell fuels meals on wheels in Houston to fight hunger, The Shell Houston Open, Legacy and Impact, Beginning Houstons Resilience Journey with 100 Resilient Cities, View 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. The company markets asphalt, transportation fuels, light oils and other refinery products predominantly in the southeastern United States. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. Contractors were not always on equal status, particularly when it came to safety. Supplier Diversity, View Shell Oil Refinery Contact Information. the new emperors have no clothes! 'all hands to the pumps'. 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