means that certain refinery and related assets in Mobile, Alabama to be purchased pursuant to the Mobile Refinery Acquisition Agreement. Media Americas:+1 832 337 4355 Media International:+44 207 934 5550. About Shell in the USA, View The company markets asphalt, transportation fuels, light oils and other refinery products predominantly in the southeastern United States. 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. From a sole proprietorship founded. 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 These are the people that set targets, but if they cant perceive how to deliver, someone (not them) has to be held to account. Lubricants for Transport and Industrial Businesses, View Cision Distribution 888-776-0942 Sustainability, View He said the night of Dec. 23 would be "the real test for Mobile." 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. Ways to save, View Shell Oil Refinery Contact Information. The refinery is one the largest employers and single largest taxpayer. As part of this deal, Shell and Vertex Energy will have crude supply and product offtake agreements to support Shells customers in the region. Vertex Energy is a U.S. owned, Texas-based specialty refiner of alternative feedstocks and marketer of high purity petroleum products. 760 Aldock Road Eight Mile, AL 36613 Phone: (251) 574-2267 For More. Shell Fuels, 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. Cavendish Energy Holdings Ltd is also the ultimate parent company and ultimate controlling party which prepares consolidated financial statements. 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. 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. Seems like the pressure was being felt regarding Queensland Curtis LNG and the toxic blame culture was in full-swing. AL 36611. Crude. (A Freudian slip, perhaps, given his ambition for a knighthood?). The Mobile Chemical LP Refinery in Saraland has been sold to Vertex Energy out of Texas for $75 million. 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. Energize Your Future with Shell, View Shell Trading US Company, View Vertex Energy (VTNR -4.3%) said Friday it completed the previously announced acquisition of Shell's (SHEL +0.7%) 91K bbl/day Mobile, Alabama, refinery for a base purchase price of $75M plus the. As part. 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. The company markets asphalt, transportation fuels, light oils and other refinery products predominantly in the southeastern United States. 3 hurt in fire at Texas oil refinery. 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. It was at the end of that meeting, that Sami Iskander, then Chief Operating Officer, stood up and to whoever would listen as they 'fled' the cafeteria with their ears burning made the statement that BG Group, the previous year (?) "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. There are no subscription charges nor do we solicit or accept donations. These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. 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. 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. Learn More Overview more Refining Operations more Logistics & Terminals more Crude Oil Supply more Products more Military plane crashes in Baldwin County, BCSO says. 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 No.12776446) was incorporated with one ordinary share of 1 issued to Tailwind Energy Holdings LLP (Co. Reg. 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. Shell Polymers, View 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. It also provides the strategic ability to market products into the southern Alabama and Florida regions. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. In 2012, his deep regret of the unacceptable safety performance deterioration in 2011, would appear to indicate the particular focus was misconceived. "We're becoming better positioned to deliver resilient returns and meet the increasingly diverse needs of our customers.". The complex is located at the northern end of Mobile Bay and is designed to produce 90,000 . About Shell in the USA, View Hunt Consolidated, Inc. is the flagship entity of the entire Hunt family of companies, a privately owned group of entities based in Dallas, Texas. 123718128) Mercuria Holdings (UK) Ltd (Co. Reg. ''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. Published: Jan. 17, . : Internet down 3 times for a day at a time. Ways to Pay, Shell | Fuel Rewards Credit Card Navigation, View The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. 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. 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. Conservation, View 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 . Conservation, View Vertex Refining Alabama LLC Mobile site is strategically located on the U.S. Gulf Coast. This press release contains forward-looking statements (within the meaning of the U.S. Entities over which Shell has significant influence but neither control nor joint control are referred to as associates. 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. Subsidiaries, Shell subsidiaries and Shell companies as used in this press release refer to entities over which Shell plc either directly or indirectly has control. Vertex Energy is a U.S. owned, Texas-based specialty refiner of alternative feedstocks and marketer of high purity petroleum products. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as joint ventures and joint operations, respectively. Latest News All media releases for Vertex Energy. Supplier Diversity, View all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. SMM expects that the production cuts at Kwinana will last about one and a half months. The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In the U.S. Mobile County. 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. No. These terms are also used where no useful purpose is served by identifying the particular entity or entities. At closing, Vertex acquired approximately $165 million in hydrocarbon inventory from Shell that was financed through an intermediation agreement arranged by Vertex. Alabama is among the top 17 producers of oil and among the top 16 producers of natural gas in the United States. 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. 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. 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