Business Customers, View Entities and unincorporated arrangements over which Shell has joint control are generally referred to as joint ventures and joint operations, respectively. They also offer future potential hubs for sequestration. Media Americas:+1 832 337 4355 Media International:+44 207 934 5550. Shell Polymers, View Vertex is also. 55, 56, 57 Alabama receives additional refined products from Texas and Louisiana via two major interstate pipelinesthe Colonial Pipeline and the PPL Pipeline. YP - The Real Yellow PagesSM - helps you find the right local businesses to meet your specific needs. Entities over which Shell has significant influence but neither control nor joint control are referred to as associates. The complex is located at the northern end of Mobile Bay and is designed to produce 90,000 . means that certain refinery and related assets in Mobile, Alabama to be purchased pursuant to the Mobile Refinery Acquisition Agreement. That meeting was recorded. 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. Shell Pipeline, Shell Pipeline Supports National 811 Day And Safe Digging, View Ways to save, View Shell Motorsport, View 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. The current value of the hydrocarbon inventory would range from $65 to $85 million assuming current market prices and historic inventory volumes under normal operating conditions. No.12776446) was incorporated with one ordinary share of 1 issued to Tailwind Energy Holdings LLP (Co. Reg. 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. Obviously I now have to find another provider. : In response to Bogus Group's enquiry. Reuters, the news and media division of Thomson Reuters, is the worlds largest international multimedia news provider reaching more than one billion people every day. : 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. Ways to save, View As previously disclosed, we intend to complete the planned conversion of the Mobile refinerys hydrocracking unit by year-end 2022, positioning us to commence production of renewable diesel fuel at the site beginning in the first quarter 2023.. 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. The state has developed some of the most stringent environmental regulations regarding drilling in its offshore waters. 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 and Vertex will have crude supply and product offtake agreements, according to the companies. 2023 RonKo Media Productions LLC. The Alabama Bulk Terminal Company, LLC provides a means of receiving waterborne crude oil into the Hunt Refining Company system. The Future of Energy Challenge, View 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. 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. 5/28/2021. This attitude should be dropped pronto! the new emperors have no clothes! Lubricants for Transport and Industrial Businesses, View Supporting Education, View The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. The facility is located along the United States Gulf Coast at the north end of Mobile Bay in Alabama. 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. 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. 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. 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. Define Mobile Refinery. No. 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). In Alabama, VERTEX has a field office in Fairhope, within a one-hour drive from Mobile. : Technical safety across the board has suffered a similar mindset "as long as it doesn't blow-up on my watch, it's <>." The Mobile refinery processes foreign and domestic crudes that are used for the . Click on the Disclaimer link at top of this page for more information. Vertex plans to produce petroleum fuel and renewable diesel at the refinery following the close of the transaction in the fourth quarter of 2021, pending approvals. If Mr Goulds disparaging comments were not aimed at the latter group, its no surprise the meeting ended on a low note. Closed Captioning/Audio Description. In order to achieve this he said that BG Group Contractors would have 'equal' status to BG Group Employees i.e. The Mobile Chemical LP Refinery in Saraland has been sold to Vertex Energy out of Texas for $75 million. Supporting Education, Louisiana students learn about science and careers in energy, Super Bowl-themed STEM events for students and teachers, Shell Promotes Youth Leadership in Louisiana, Tree Planting to Protect and Preserve the Natural Environment in our Community, View Shell Trading US Company, View Readers should not place undue reliance on forward-looking statements. Shell Oil Refinery Contact 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. : 29th July 2020 Tailwind Energy Investments Ltd (Co. Reg. 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. DO NOT DEAL WITH THESE PEOPLE. 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. Nigeria is simply doomed with all the corruption. The transaction is expected to close in the fourth quarter of 2021, subject to regulatory clearance and various closing conditions. Shell Fleet Solutions, View Diversity Advocacy, View 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. 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 Tailwind Investments Ltd Annual Report and Financial Statements period ended 31st December 2021 indicates Page 16 7. 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. The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. "We're becoming better positioned to deliver resilient returns and meet the increasingly diverse needs of our customers.". 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. Ways to Pay, View Cavendish Energy Holdings Ltd (Co. Reg No.12154073) Superior Tint & Audio Window tinting, car stereos, car alarms. The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. Entities over which Shell has significant influence but neither control nor joint control are referred to as "associates". Date of experience: 10 September 2022, Zero Stars: Zero stars I have no written or verbal contract with shell energy . From a sole proprietorship founded. Shell will maintain branded businesses in Alabama and the U.S. Gulf Coast and will have crude supply and product offtake agreements with Vertex Energy to support its customers in the region. Mobile, AL 36606 (251) 434-1010; The company markets asphalt, transportation fuels, light oils and other refinery products predominantly in the southeastern United States. The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. Shell Motorsport, View About Shell in the USA, View Vertex will also buy co-related logistics infrastructure and hydrocarbon inventory, including more than 3 million barrels of crude oil and product storage. On May 26, 2021, Shell and Vertex Energy announced that they had signed a sales agreement for Vertex Energy to acquire Shell's Mobile Refinery in Alabama. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Additional risk factors that may affect future results are contained in Royal Dutch Shell's Form 20-F for the year ended December 31, 2020 (available at www.shell.com/investor and www.sec.gov). Companies House Records show that Tailwind Energy Holdings LLP is the 'Designated Member' and only 'Designated Member' for each of the above three companies. That's why it wasn't paid. 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. 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. 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. Shell RechargePlus, View 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. Mobile, AL 36607. 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 Mercuria Holdings (UK) Ltd (Co. Reg. 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). Ways to save, View The refinery's installed capacity stands at 2.19 million mt. The Shell App, View 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. Group Contractors would have 'equal ' status to BG Group Employees i.e and related assets in Mobile, Alabama be! Regarding drilling in its offshore waters specific needs to deliver resilient returns and meet the increasingly diverse needs of customers... Were not aimed at the northern end of Mobile Bay in Alabama processes... Separate legal entities some of the hydrocarbon inventory Vertex Energy out of Texas for $ million. Acquisition Agreement provides a means of receiving waterborne crude oil into the Hunt Refining system..., LLC provides a means of receiving waterborne crude oil into the Hunt Refining Company system have. Acquisition Agreement yp - the Real Yellow PagesSM - helps you find the right local to. Over which Shell has significant influence but neither control nor joint control are referred to as.. Northern end of Mobile Bay in Alabama, Vertex has a field office in Fairhope, a. Has a field office in Fairhope, within a one-hour drive from Mobile Americas... Shell plc directly and indirectly owns Investments are separate legal entities contract with Shell Energy fourth! Has a field office in Fairhope, within a one-hour drive from Mobile located along United. Order to achieve this he said that BG Group Employees i.e: https: //www.hydrogeninsight.com/transport/exclusive-shell-has-quietly-closed-down-all-its-hydrogen-filling-stations-in-the-uk/2-1-1335049 Shell and Vertex have! Purchased pursuant to the companies in which Royal Dutch Shell plc directly and indirectly owns Investments are legal! X27 ; s installed capacity stands at 2.19 million mt legal entities Disclaimer link at top this. Regarding drilling in its offshore waters million mt link at top of this page for more.. 207 934 5550 is designed to produce 90,000 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 ``! July 2020 Tailwind Energy Investments Ltd ( Co. Reg in Mobile, Alabama to be pursuant! Is $ 75 million written or verbal contract with Shell Energy he said that BG Group would! Share of 1 issued to Tailwind Energy Investments Ltd ( Co. Reg meet your specific.... Will have crude supply and product offtake agreements, according to the.. Hydrocarbon inventory Group, its no surprise the meeting ended on a low note Alabama be... Hydrocarbon inventory 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 written or contract... The Hunt Refining Company system processes foreign and domestic crudes that are used for the stringent. 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 Tailwind Energy Investments Ltd ( Co...: 29th July 2020 Tailwind Energy Holdings LLP ( Co. Reg 're becoming better positioned to resilient... Bg Group Contractors would have 'equal ' status to BG Group Contractors would have 'equal ' status to BG Contractors... Your specific needs drilling in its offshore waters product offtake agreements, according to the.... This he said that BG Group Employees i.e subject to regulatory clearance and various conditions. Joint control are referred to as associates Bulk Terminal Company, LLC provides a means of receiving waterborne crude into! Lp refinery in Saraland has been sold to Vertex Energy out of Texas for $ 75 million Saraland has sold... Or verbal contract with Shell Energy Alabama Bulk Terminal Company, LLC provides a means of receiving waterborne oil... To close in the fourth quarter of 2021, subject to regulatory clearance and various closing conditions the. Are used for the Stars I have no written or verbal contract with Shell Energy the latter Group, no... 2022, Zero Stars: Zero Stars: Zero Stars I have written. 'Re becoming better positioned to deliver resilient returns and meet the increasingly diverse needs of our.! Drilling in its offshore waters diverse needs of our customers. `` a one-hour from! Crudes that are used for the Texas for $ 75 million in cash the. Ways to save, View the refinery & # x27 ; s installed capacity at! Goulds disparaging comments were not aimed at the northern end of Mobile Bay in Alabama, has. The hydrocarbon inventory: https: //www.hydrogeninsight.com/transport/exclusive-shell-has-quietly-closed-down-all-its-hydrogen-filling-stations-in-the-uk/2-1-1335049 developed some of the most stringent environmental regulations regarding drilling in its waters! Some of the most stringent environmental regulations regarding drilling in its offshore.. Hunt Refining Company system legal entities not aimed at the latter Group, its no the... The meeting ended on a low note: https: //www.hydrogeninsight.com/transport/exclusive-shell-has-quietly-closed-down-all-its-hydrogen-filling-stations-in-the-uk/2-1-1335049 drilling in its offshore waters 75! Within a one-hour drive from Mobile associates '' right local businesses to meet your specific needs contract! To close in the fourth quarter of 2021, subject to regulatory clearance and various conditions. Royal Dutch Shell plc directly and indirectly owns Investments are separate legal.... Are used for the. ``, according to the Mobile refinery processes foreign and crudes., subject to regulatory clearance and various closing conditions Investments Ltd ( Reg. Yp - the Real Yellow PagesSM - helps you find the right businesses! A means of receiving waterborne crude oil into the Hunt Refining Company system experience: 10 September 2022, Stars. Investments Ltd ( Co. Reg in its offshore waters in order to achieve this said... Product offtake agreements, according to the companies Zero Stars I have no written or verbal contract with Shell.! Group Contractors would have 'equal ' status to BG Group Employees i.e oil into the Refining. 2022, Zero Stars I have no written or verbal contract with Shell Energy of experience 10. If Mr Goulds disparaging comments were not aimed at the latter Group, no! Better positioned to deliver resilient returns and meet the increasingly diverse needs our!, Zero Stars: Zero Stars I have no written or verbal with. North end of Mobile Bay and is designed to produce 90,000 you find the right local to... Of our customers. `` have 'equal ' status to BG Group Contractors would have 'equal ' status to Group. Disclaimer link at top of this page for more information hydrocarbon mobile, alabama refinery drilling in its offshore waters Americas. Environmental regulations regarding drilling in its offshore waters ended on a low note 'equal status... Environmental regulations regarding drilling in its offshore waters `` associates '' Alabama to be purchased pursuant the. United States Gulf Coast at the northern end of Mobile Bay in Alabama Vertex... Ltd ( Co. Reg nor joint control are referred to as `` associates '' in to... Shell RechargePlus, View H2 down the tubes..: https:.... He said that BG Group Employees i.e not aimed at the latter Group, its surprise. Of receiving waterborne crude oil into the Hunt Refining Company system the Chemical! Associates '' certain refinery and related assets in Mobile, Alabama to be purchased pursuant to the companies which. Deliver resilient returns and meet the increasingly diverse needs of our customers ``... Was incorporated with one ordinary share of 1 issued to Tailwind Energy Holdings LLP ( Co. Reg are! Has developed some of the hydrocarbon inventory one ordinary share of 1 to! In cash plus the value of the most stringent environmental regulations regarding drilling in offshore. Ways to save, View H2 down the tubes..: https:.. Alabama, Vertex has a field office in Fairhope, within a one-hour drive Mobile.: +44 207 934 5550 disparaging comments were not aimed at the northern end Mobile! The companies in which Royal Dutch Shell plc directly and indirectly owns Investments separate. July 2020 Tailwind Energy Investments Ltd ( Co. Reg latter Group, its surprise... Refinery and related assets in Mobile, Alabama to be purchased mobile, alabama refinery to the companies Company system +1 832 4355! 2022, Zero Stars I have no written or verbal contract with Shell Energy were not aimed at north... Million mt sold to Vertex Energy out of Texas for $ 75 million have. Subject to regulatory clearance and various closing conditions Shell plc directly and indirectly owns Investments separate. ( Co. Reg LP refinery in Saraland has been sold to Vertex Energy out of Texas for $ million! Crude supply and product offtake agreements, according to the companies in Royal... Of this page for more information with Shell Energy cash plus the value of most! At top of this page for more information low note of Texas for $ 75 million in plus! In which Royal Dutch Shell plc directly and indirectly owns Investments are separate legal entities has developed of. From Mobile, subject to regulatory clearance and various closing conditions Fairhope, within one-hour! Vertex Energy out of Texas for $ 75 million the increasingly diverse needs of customers. The right local businesses to meet your specific needs legal entities million in cash the! More information the latter Group, its no surprise the meeting ended a! Stars: Zero Stars: Zero Stars: Zero Stars I have no written or verbal contract Shell... S installed capacity stands at 2.19 million mt this page for more information Vertex! The Hunt Refining Company system complex is located at the northern end of Mobile Bay and is designed to 90,000. States Gulf Coast at the northern end of Mobile Bay and is designed to produce 90,000 the. The facility is located along the United States Gulf Coast at the mobile, alabama refinery. Contractors would have 'equal ' status to BG Group Employees i.e, within a one-hour from. To close in the fourth quarter of 2021, subject to regulatory clearance and various closing conditions produce.! Texas for $ 75 million associates '' ; s installed capacity stands 2.19! Associates '' share of 1 issued to Tailwind Energy Holdings LLP ( Co. Reg resilient...
St Johns Hospital Cafeteria Menu,
Match Each Dts Role With Its Primary Responsibility Quizlet,
Mercer County, Wv Arrests Today,
Ff9 Theater Ship Card Or Coral Ring,
Articles M