So, I settled the bill over the phone. Companies House Records show under 'Appointments' for Cavendish Energy Holdings Ltd that Tailwind Energy Holdings LLP is the 'Active LLP Designated Member'. Vertex Energy is a U.S. owned, Texas-based specialty refiner of alternative feedstocks and marketer of high purity petroleum products. Shell Fuels, View Ways to save, View 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. May 26 (Reuters) - Royal Dutch Shell RDSa.L 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 on Wednesday. As part of its Powering Progress strategy, Shell plans to consolidate its refining footprint to five core Energy and Chemicals parks globally. Cavendish Energy Holdings Ltd is also the ultimate parent company and ultimate controlling party which prepares consolidated financial statements. 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. 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. All employees providing dedicated support to the Mobile Refinery will be offered employment with Vertex Energy. Shutdown & TAR Materials Specialist Evonik 3.8 Mobile, AL Estimated $56K - $71K a year Full-time These symbols will be available throughout the site during your session. Diesel. Shell is grateful to the Mobile community for the collaboration and support over the past two decades. That meeting was recorded. Type a symbol or company name. Shell Polymers, View Shell makes $70bn BG offer (oedigital.com) StateEscape, View The state has developed some of the most stringent environmental regulations regarding drilling in its offshore waters. Find out how to contact our Media Relations team across the world. Shell RechargePlus, View Entities and unincorporated arrangements over which Shell has joint control are generally referred to as "joint ventures" and "joint operations", respectively. 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. SMM expects that the production cuts at Kwinana will last about one and a half months. 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. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Shell Pipeline, Shell Pipeline Supports National 811 Day And Safe Digging, View Shell Pipeline, Shell Pipeline Supports National 811 Day And Safe Digging, View Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Seems like the pressure was being felt regarding Queensland Curtis LNG and the toxic blame culture was in full-swing. 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. Vertex Energy is a U.S. owned, Texas-based specialty refiner of alternative feedstocks and marketer of high purity petroleum products. 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. Shell in the Community, View 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). 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. 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. Companies House Records show that Tailwind Energy Holdings LLP is the 'Designated Member' and only 'Designated Member' for each of the above three companies. the new SEAM organization has made it abundantly clear, that safety has to be in "balance with business drivers of production and affordability." Website www.shell.com; E-Mail consultas@shelldirecto.com.ar soren.straede@shell.com s.skovgaard@shell.com ssmlrecruitment@shell.com . Mon-Fri: 10:00-4:30 By Appt. The areas of activity of the different Hunt companies include oil and gas exploration and production, refining, LNG, power, real estate, investments, ranching and infrastructure. 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. Supplier Diversity, View This press release contains forward-looking statements (within the meaning of the U.S. Likewise, the words we, us and our are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. It has the optionality to run as a stand-alone refinery, produce base oils or chemicals feedstock. Mobile, AL 201 Shell Street, Saraland, AL 36571, United. Mobile County. 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 Dividends of $36.4 million ($125,245.7 per share) were declared by Tailwind Energy Investments Ltd for the period ended 31st December 2021. : 29th July 2020 Tailwind Energy Investments Ltd (Co. Reg. No assurance is provided that future dividend payments will match or exceed previous dividend payments. H2 down the tubes..: https://www.hydrogeninsight.com/transport/exclusive-shell-has-quietly-closed-down-all-its-hydrogen-filling-stations-in-the-uk/2-1-1335049. Dividends of $36.4 million ($125,245.7 per share) were declared by Tailwind Energy Investments Ltd for the period ended 31st December 2021. Homewood, AL 35209 Shell Puget Sound Refinery employs about 500 people and pays $75 million in annual wages, the refinery's website states. 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. Energy and Innovation, View Sometimes I think I have seen it all and then this comes along Vertex plans to produce approximately 10,000 bpd of renewable diesel and renewable byproducts at the plant by the end of 2022, increasing to 14,000 bpd by 2023. 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. 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. Lubricants for Transport and Industrial Businesses, View Engine oil and lubricants, View The facility distributes its finished product across the southeastern United States through a high-capacity truck rack, together with deep and shallow water distribution points capable of supplying waterborne vessels. Please visit our Privacy page for more information about cookies and how we use them. 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. Keep up to date with developments at Shell via email alerts, Twitter or other social media. This press release contains forward-looking statements (within the meaning of the U.S. 760 Aldock Road Eight Mile, AL 36613 Phone: (251) 574-2267 For More. Shell RechargePlus, View 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. Readers should not place undue reliance on forward-looking statements. Jame Rhame, chief operating officer of Vertex Energy, said the company is in emergency operations center mode "with all hands on-deck." but noted things were "so far so good" at the Mobile, Alabama, refinery it bought from Shell, which processing both petroleum and renewable feed. Half or more of the population is scratching a living in miserable circumstances, there is no more rule of law and these gangsters lay a pipeline from a terminal and steal oil. Reuters->. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. This transaction is expected to close in Q4 2021, subject to regulatory approvals. 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. Conservation, View The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. Where did the $36.4 million dividend go? He said the night of Dec. 23 would be "the real test for Mobile." 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. Water Treatment Equipment-Service & Supplies, Oils-Lubricating-Wholesale & Manufacturers, Petroleum Products-Wholesale & Manufacturers. All other marks contained herein are the property of their respective owners. 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. As part. 5/28/2021. 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 typing in this field, a list of search results will appear and be automatically updated as you type. The Shell App, View Copy and paste multiple symbols separated by spaces. No reply to the call at all this time. These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. 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. 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 (?) These locations, including Norco in the U.S. Gulf Coast, will maximize the integration benefits of conventional fuels and chemicals production while also offering new low carbon fuels and performance chemicals. * 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 . StateEscape, View Energy From Deep Water, About Shell Deep Water in the Gulf of Mexico, Shells Deep Water Portfolio in the Gulf of Mexico, Shells ambition to be a net-zero emissions energy business, View means that certain refinery and related assets in Mobile, Alabama to be purchased pursuant to the Mobile Refinery Acquisition Agreement. Useless company out at end of contract. 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 The Shell App, View At closing, Vertex acquired approximately $165 million in hydrocarbon inventory from Shell that was financed through an intermediation agreement arranged by Vertex. A further amount of USD $165 million was received for the value attributed to the hydrocarbon inventory at the time of closing. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. 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 Ways to save, View The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. Biodiesel, Renewable Diesel, SAF, Marine Biofuel. 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. 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. 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). Mobile, AL 36607. 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. Alabama is among the top 17 producers of oil and among the top 16 producers of natural gas in the United States. 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