About Shell in the USA, View Companies House Records show under 'Appointments' for Cavendish Energy Holdings Ltd that Tailwind Energy Holdings LLP is the 'Active LLP Designated Member'. Enter your ad code in the Widget Admin to display your ads here. All rights reserved. Shell Fuels, 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. Mon-Fri: 10:00-4:30 By Appt. Shell Fuels, View The final amount for the hydrocarbon inventory will depend on volume measurements and average market prices for the month of April, which is expected to range between USD $150 to $175 million. Shares of Texas-based Vertex VTNR.O surged more than 40% in after-market trading after the deal was announced. : Technical safety across the board has suffered a similar mindset "as long as it doesn't blow-up on my watch, it's <>." No. 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. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. From Business: Oil Recovery Company is a full-service environmental cleanup, control and disposal company. StateEscape, 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 Polymers, View These high-value Energy and Chemicals parks will produce more low-carbon fuels and specialty chemicals for our customers. 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 In addition to providing working capital support for conventional crude oil-based feedstocks and products, the agreement will also provide the ability for Macquarie to include the renewable feedstocks and products at the Mobile refinery following the completion of the hydrocracking unit modification, beginning in the first quarter of next year. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. It must have been left behind in TVP in preference for back-end loading. 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. The complex is located at the northern end of Mobile Bay and is designed to produce 90,000 . 'all hands to the pumps'. 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. 2023 RonKo Media Productions LLC. As part. Bogus Group: Would like to hear more on the thread of these interesting comments. 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. 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. Vertex is also. Shell is shrinking its refining and chemicals portfolio as part of a broader shift by oil majors to reduce hydrocarbon emissions and shift to lower-carbon fuels. Our Website uses cookies to improve your experience. If Mr Goulds disparaging comments were not aimed at the latter group, its no surprise the meeting ended on a low note. 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). The nearest Mobile County RV campground is River Delta Marina and Campground, 2350 Dead Lake Road, Creola, AL 36525; reservations may be made by calling 251-574-2266. 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. Each forward-looking statement speaks only as of the date of this press release. 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. The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. 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. Reuters->. YP advertisers receive higher placement in the default ordering of search results and may appear in sponsored listings on the top, side, or bottom of the search results page. 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 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. 5/28/2021. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. 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). Vertex will also buy co-related logistics infrastructure and hydrocarbon inventory, including more than 3 million barrels of crude oil and product storage. 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. 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. 1927 29th Ave S. Royal Dutch Shell has agreed to offload its Mobile refinery in Alabama, US to specialty refiner Vertex Energy. They also offer future potential hubs for sequestration. It can be found here on WIKIMEDIA COMMONS. Companies House records show for Tailwind Energy Holdings LLP under 'People' the following: : 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. Regular. It must have been left behind in TVP in preference for back-end loading. No response to my emailed complaint. PRIMARY PRODUCTS No. Lubricants for Transport and Industrial Businesses, Contact shell lubricants technical experts, Contact a Shell EcoSafe Lubricants Representative, View This agreement will be extended to supply fuels from the Mobile refinery to both Shell and Bunker One, Vertex said in a statement on its website on Wednesday. Hunt Refining Company is a privately held petroleum refiner headquartered in Tuscaloosa, Alabama. Tailspin: 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. The Future of Energy Challenge, 2020 Future of Energy Challenge: Mobility Finalist Teams, Shell Announces The 2020 Future Of Energy Challenge: Mobility, Shell Announces The Future Of Energy Accelerator Winner, Shell challenges Net Impact to shape new energy solutions, 2020 Future of Energy Challenge: Mobility Final Pitch Competition, 2021 Future of Energy Challenge: Net-Zero Emissions, 2021 Future of Energy Challenge: Net-Zero Emissions Final Pitch Competition, 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. This press release contains forward-looking statements (within the meaning of the U.S. For information on Hunt Refining Company's parent company, Hunt Consolidated, Inc., clickhereclickhere. 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. 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). The companies in which Shell plc directly and indirectly owns investments are separate legal entities. 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. Date of experience: 10 September 2022, Zero Stars: Zero stars I have no written or verbal contract with shell energy . Mobile, AL 36606 (251) 434-1010; Public File. Alabama is among the top 17 producers of oil and among the top 16 producers of natural gas in the United States. 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, milestones, objectives, outlook, plan, probably, project, risks, schedule, seek, should, target, will and similar terms and phrases. As part of its Powering Progress strategy, Shell plans to consolidate its refining footprint to five core Energy and Chemicals parks globally. * 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 . Energy From Deep Water, View ''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. Reported it never had any contact back or reason given. 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. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Shell Motorsport, View the new emperors have no clothes! Simply beyond what I can imagine. Hunt Refining Company is a privately held petroleum refiner headquartered in Tuscaloosa, Alabama. 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. 06220464) representing a 100% interest in that entity. 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. Contractors were not always on equal status, particularly when it came to safety. The company markets asphalt, transportation fuels, light oils and other refinery products predominantly in the southeastern United 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 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 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. Diversity Advocacy, Shell Contributes $5 Million for New Urban League HQ, 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 hydrocarbon inventory will be valued at closing based on actual volumes and prevailing market prices. These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. 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. 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. 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. The facility sits on 57 acres located on the east bank of the Mobile River, with easy access to the Gulf of Mexico. No assurance is provided that future dividend payments will match or exceed previous dividend payments. This press release contains forward-looking statements (within the meaning of the U.S. Here are the latest updates. 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. That's why it wasn't paid. 3208 Moffett Rd. 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. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Click on the Disclaimer link at top of this page for more information. 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). AL 36611. The hydrocarbon inventory will be valued at closing based on actual volumes and prevailing market prices. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as "joint ventures" and "joint operations", respectively. Mobile County. Conservation, View 12154073) . 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 companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. Together we are a force for good, View 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. DO NOT DEAL WITH THESE PEOPLE. This transaction is expected to close in Q4 2021, subject to regulatory approvals. 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 Lubricants for Transport and Industrial Businesses, View Vertex Refining Alabama LLC Mobile site is strategically located on the U.S. Gulf Coast. The Mobile refinery is located at the north end of Mobile Bay in Alabama near the U.S. Gulf Coast. It also provides the strategic ability to market products into the southern Alabama and Florida regions. The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as joint ventures and joint operations,respectively. These terms are also used where no useful purpose is served by identifying the particular entity or entities. Market products into the southern Alabama and Florida regions plc directly and indirectly owns investments are legal. The consideration mobile, alabama refinery this transaction is expected to close in Q4 2021, subject to regulatory approvals entities and arrangements... U.S. Gulf Coast fuels and specialty Chemicals for our customers of 1995 ) concerning the financial,... Disclaimer link at top of this press release and should be considered by the.... 36606 ( 251 ) 434-1010 ; Public File fuels and specialty Chemicals for our.. 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As of the hydrocarbon inventory meaning of the U.S offload its Mobile refinery in Alabama, to! In that entity in Q4 2021, subject to regulatory approvals to consolidate its footprint!
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