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 <>." 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. Shell Pipeline, Shell Pipeline Supports National 811 Day And Safe Digging, View Equilon Enterprises, doing business as Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell, is seeking buyers to sell two of its refineries in the US. Mobile County. The Mobile Chemical LP Refinery in Saraland has been sold to Vertex Energy out of Texas for $75 million. Shell Motorsport, 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. 06220464) representing a 100% interest in that entity. Search results are sorted by a combination of factors to give you a set of choices in response to your search criteria. No. AL 36611. Employees providing dedicated support to the refinery were offered employment with Vertex Energy with effect upon closing in accordance with the transaction. * 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 . Sustainability News, View These terms are also used where no useful purpose is served by identifying the particular entity or entities. 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. About Shell in the USA, View The Shell App, View The hydrocarbon inventory will be valued at closing based on actual volumes and prevailing market prices. In Alabama, VERTEX has a field office in Fairhope, within a one-hour drive from Mobile. The Mobile refinery is located at the north end of Mobile Bay in Alabama near the U.S. Gulf Coast. Entities over which Shell has significant influence but neither control nor joint control are referred to as "associates". Business Customers, View Supplier Diversity, View Published: Jan. 17, . This press release contains forward-looking statements (within the meaning of the U.S. 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. Baldwin County. Shell Pipeline, View Conservation, 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. Shell Pipeline, View Readers should not place undue reliance on forward-looking statements. Mecuria Asset Holdings (Hong-Kong) Ltd A Private Ltd Company Date of experience: 10 September 2022, Zero Stars: Zero stars I have no written or verbal contract with shell energy . These terms are also used where no useful purpose is served by identifying the particular entity or entities. No assurance is provided that future dividend payments will match or exceed previous dividend payments. Reported it never had any contact back or reason given. The Mobile refinery, which is 100 percent Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. 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 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. Subscribers outside the U.S. and Canada will receive a digital version of the print magazine via email. 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. No assurance is provided that future dividend payments will match or exceed previous dividend payments. The Shell App, 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. . Entities and unincorporated arrangements over which Shell has joint control are generally referred to as joint ventures and joint operations, respectively. Shell Fleet Solutions, Steps to Achieving Smarter Fleet Management, View Kwinana produced 2.22 million mt of alumina in 2021 and 1.99 million mt in 2022. So, I settled the bill over the phone. 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. When it eventually goes boom, it will be blamed on TSE not the folks who are sweeping the concerns under the rug. 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. About Shell in the USA, View 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. The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. Type a symbol or company name. Mobile, AL 36606 (251) 434-1010; No. Sustainability, View Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. 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. Shells U.S. portfolio of operated companies and interests consists of oil, natural gas, petrochemicals, gasoline, lubricants, and other refined products along with renewables such as wind, solar, and mobility options like electric vehicle charging and hydrogen. There is a 'circularity' here that does not seem correct. The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. Click on the Disclaimer link at top of this page for more information. 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 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. 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. 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. The facility is located along the United States Gulf Coast at the north end of Mobile Bay in Alabama. Companies House records show for Tailwind Energy Holdings LLP under 'People' the following: 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. 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. 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.). 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. 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. (A Freudian slip, perhaps, given his ambition for a knighthood?). 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 . Useless company out at end of contract. 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. These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. It must have been left behind in TVP in preference for back-end loading. If Mr Goulds disparaging comments were not aimed at the latter group, its no surprise the meeting ended on a low note. It is located near the Gulf Coast; specifically, at the north end of Mobile Bay in Alabama. On 1st November 2021, Tailwind Energy Investments Ltd declared a dividend of $36.4 million. 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. 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). Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. For information on Hunt Refining Company's parent company, Hunt Consolidated, Inc., clickhereclickhere. It must have been left behind in TVP in preference for back-end loading. Media Americas:+1 832 337 4355 Media International:+44 207 934 5550. Each forward-looking statement speaks only as of the date of this press release, May 26, 2021. No. 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. Supplier Diversity, View The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. 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 Alabama Number and Capacity of Petroleum Refineries Petroleum & Other Liquids Overview Data Analysis & Projections Number and Capacity of Petroleum Refineries Click on the source key icon to learn how to download series into Excel, or to embed a chart or map on your website. 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. Create your Watchlist to save your favorite quotes on Nasdaq.com. Shell Motorsport, View 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. Sustainability, View The following day the service was resumed and a demand for the money paid over the phone was sent to her house. Royal Dutch Shell has agreed to offload its Mobile refinery in Alabama, US to specialty refiner Vertex Energy. Diversity Advocacy, Shell Contributes $5 Million for New Urban League HQ, View The state has developed some of the most stringent environmental regulations regarding drilling in its offshore waters. 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. More. Shell Trading US Company, View 2023 RonKo Media Productions LLC. Contractors were not always on equal status, particularly when it came to safety. Shell Trading US Company, Shell Trading (US) Company- Lease Administration, View 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. Lubricants for Transport and Industrial Businesses, View Conservation, View When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Nigeria is simply doomed with all the corruption. A further amount of USD $165 million was received for the value attributed to the hydrocarbon inventory at the time of closing. Lubricants for Transport and Industrial Businesses, View 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 Useless company out at end of contract. Ways to Pay, View The refineries are Mobile located in Alabama, and Puget Sound near Anacortes, Washington, US. These are the people that set targets, but if they cant perceive how to deliver, someone (not them) has to be held to account. On the other hand, the Mobile refinery was a 100% owned by 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. Supporting Education, View Diversity Advocacy, Shell Contributes $5 Million for New Urban League HQ, View Vertex is also. Shell Fuels, View Reuters->. The Shell logo image with the white text used on this website, as per the above example, is in the public domain because its copyright has expired and its author is anonymous. Shell is also investing in an integrated power business that will provide electricity to millions of homes and businesses. The current value of the hydrocarbon inventory would range from. Business Customers, View 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. How incompetent are these people. Vertex Energy completes acquisition of Mobile, Alabama, refinery. McKinney Petroleum Equipment Inc Oil Refiners Service Station Equipment & Supplies Website 89 YEARS IN BUSINESS (251) 661-8800 It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. The Convent refinery sits on 4,400 acres that straddles Ascension and St. James parishes and can process 240,000 barrels of crude oil per day. had spent 200MM assuring work which later cost the company 2Bn because it was wrong. In the U.S. 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. Laura Sanicola for Astudley: Internet down 3 times for a day at a time. 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. 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