Vertex Energy (NASDAQ: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, which it said reflects "continued consistent, efficient operations" at the facility.. Q4 operating expenses are estimated at $3.75-$4.00/bbl, while the targeted capture rate on the benchmark Gulf Coast . Shell Trading US Company, Shell Trading (US) Company- Lease Administration, View Companies House records show for Tailwind Energy Holdings LLP under 'People' the following: 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. Useless company out at end of contract. These terms are also used where no useful purpose is served by identifying the particular entity or entities. Learn More Overview more Refining Operations more Logistics & Terminals more Crude Oil Supply more Products more Readers should not place undue reliance on forward-looking statements. 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. Together we are a force for good, View In order to achieve this he said that BG Group Contractors would have 'equal' status to BG Group Employees i.e. 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). That meeting was recorded. Business Customers, View Shell and Vertex will have crude supply and product offtake agreements, according to the companies. All other marks contained herein are the property of their respective owners. McKinney Petroleum Equipment Inc Oil Refiners Service Station Equipment & Supplies Website 89 YEARS IN BUSINESS (251) 661-8800 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. COVID-19 Resources and Updates >> . Shell Trading US Company, View The Shell App, View From Business: Incorporated in 1882, ExxonMobil is one of the largest international oil and gas companies in the world. Supplier Diversity, View The Shell App, View How incompetent are these people. : Thanks to Wrath for the clarification. 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. Written by As part of its Powering Progress strategy, Shell plans to consolidate its refining footprint to five core Energy and Chemicals parks globally. Shell Polymers, View All employees providing dedicated support to the Mobile Refinery will be offered employment with Vertex Energy. The following day the service was resumed and a demand for the money paid over the phone was sent to her house. Mercuria Holdings (UK) Ltd (Co. Reg. The content of websites referred to in this press release does not form part of this press release. The hydrocarbon inventory will be valued at closing based on actual volumes and prevailing market prices. Media Americas:+1 832 337 4355 Media International:+44 207 934 5550. Dividends of $36.4 million ($125,245.7 per share) were declared by Tailwind Energy Investments Ltd for the period ended 31st December 2021. 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 For more than 125 years, it has been functioning as a. Lubricants for Transport and Industrial Businesses, Contact shell lubricants technical experts, Contact a Shell EcoSafe Lubricants Representative, View 12154073) . 3 hurt in fire at Texas oil refinery. Reported it never had any contact back or reason given. 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. Vertex will also buy co-related logistics infrastructure and hydrocarbon inventory, including more than 3 million barrels of crude oil and product storage. Contractors were not always on equal status, particularly when it came to safety. Bogus Group: Would like to hear more on the thread of these interesting comments. Sustainability, View About Shell in the USA, View Neither Royal Dutch 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. It must have been left behind in TVP in preference for back-end loading. These are the people that set targets, but if they cant perceive how to deliver, someone (not them) has to be held to account. Shell Pipeline, Shell Pipeline Supports National 811 Day And Safe Digging, View No assurance is provided that future dividend payments will match or exceed previous dividend payments. Find out how to contact our Media Relations team across the world. It can be found here on WIKIMEDIA COMMONS. 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. These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. 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. Tailwind Energy Investments Ltd entered into an agreement with its now subsidiary NSV Energy Ltd to pay the dividends directly to its parent's ultimate shareholders. Define Mobile Refinery. Each forward-looking statement speaks only as of the date of this press release. Kwinana produced 2.22 million mt of alumina in 2021 and 1.99 million mt in 2022. Vertex s Through passion, persistence, and innovation, they are the ones who spark things into motion. YP, the YP logo and all other YP marks contained herein are trademarks of YP LLC and/or YP affiliated companies. Create your Watchlist to save your favorite quotes on Nasdaq.com. No. Published: Jan. 17, . The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. ANON: RE: Nigerian oil export terminal had theft line into sea for 9 years All rights reserved. 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. Ways to save, View "The sale of the Mobile refinery shows that we are making good progress delivering on our manufacturing strategy," said Robin Mooldijk, Shell's EVP for Manufacturing. 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 in the Community, View This isn't just a phone for people of that age its and essential lifeline. * 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 . 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. Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our non-profit websites and/or our activities. Shell RechargePlus, View Energize Your Future with Shell, View Within the region, VERTEX works for insurance carriers, sureties, law firms, banks/lenders as well as property . Cavendish Energy Holdings Ltd (Co. Reg No.12154073) In early May Shell announced the sale of its 149,000 barrel per day (bpd) refinery in Washington to Hollyfrontier Corp. (Reporting by Laura Sanicola; editing by Richard Pullin). 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. In Alabama, VERTEX has a field office in Fairhope, within a one-hour drive from Mobile. 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. The Alabama Bulk Terminal Company, LLC provides a means of receiving waterborne crude oil into the Hunt Refining Company system. Oil and gas are found in many counties as well as in Mobile Bay. From a sole proprietorship founded. 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 refineries are Mobile located in Alabama, and Puget Sound near Anacortes, Washington, US. 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. 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. Cavendish Energy Holdings Ltd is also the ultimate parent company and ultimate controlling party which prepares consolidated financial statements. vertex energy inc. announced april 1 it has completed acquisition of the 91,000-barrel-per-day mobile, alabama, refinery and related marine terminal and logistics assets from equilon enterprises llc, doing business as various shell companies, for a base purchase price of $75 million in cash, together with approximately $25 million related to 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). Diversity Advocacy, Shell Contributes $5 Million for New Urban League HQ, View The hydrocarbon inventory will be valued at closing based on actual volumes and prevailing market prices. OC430905) for a consideration of 1 Readers should not place undue reliance on forward-looking statements. 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. Shell RechargePlus, View 55, 56, 57 Alabama receives additional refined products from Texas and Louisiana via two major interstate pipelinesthe Colonial Pipeline and the PPL Pipeline. Vertex Energy Inc. announced April 1 it has completed acquisition of the 91,000-barrel-per-day Mobile, Alabama, refinery and related marine terminal and logistics assets from Equilon Enterprises LLC, doing business as various Shell companies, for a base purchase price of $75 million in cash, together with approximately $25 million related to specified capital expenditures and other closing adjustments. The Mobile refinery processes foreign and domestic crudes that are used for the . Mobile, AL 36607. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. Preferred listings, or those with featured website buttons, indicate YP advertisers who directly provide information about their businesses to help consumers make more informed buying decisions. Business Customers, View The Mobile refinery will begin producing diesel fuel from renewable sources by the first quarter of 2023. Engine oil and lubricants, Shell Coolants Limited Liability Warranty, View I spent another hour on hold. 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. 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. : Andrew Gould, former Executive Chairman of the failed BG Group, whose motives were questionable, would be well reminded that putting contractors on equal status as company employees in order to meet 'stretch' targets is in direct conflict with the 'Constitutions' of the various 'Bodies Corporate', despite alignment through 'bridging' documents. 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. 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. Regular. 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. 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 No. Companies House Records show that Tailwind Energy Holdings LLP is the 'Designated Member' and only 'Designated Member' for each of the above three companies. These terms are also used where no useful purpose is served by identifying the particular entity or entities. The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. Diversity Advocacy, Shell Contributes $5 Million for New Urban League HQ, View 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. Take it from me, this is a major operation to fix. Mecuria Asset Holdings (Hong-Kong) Ltd A Private Ltd Company 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). Located in Alabama, Vertex has a field office in Fairhope, within one-hour! Produced 2.22 million mt of alumina in 2021 and 1.99 million mt of alumina in 2021 1.99... Not form part of this press release Relations team across the world Anacortes, Washington,.... Inventory will be valued at closing based on actual volumes and prevailing prices. 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