Ways to Pay, View It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. WebAlabama Bulk Terminal Co is a Oil refinery located at 195 Cochrane Cswy, North Industrial Area, Mobile, Alabama 36602, US. The Mobile refinery is located at the north end of Mobile Bay in Alabama near the U.S. Gulf Coast. The deal is expected to close in the fourth quarter of this year, subject to regulatory approvals. The state's largest refinery is All rights reserved. Vertex Energy VTNR-12.5%in Tuesday's trading after saying it had completed mechanical work of its renewable diesel unit at its Mobile, Alabama, refinery, and it plans to begin production of initial volumes of renewable diesel "in the coming weeks, in line with prior expected timelines.". Accordingly, the Projections are only estimates and are necessarily speculative in nature. As of Feb. 28, approximately 55 percent of shut-down related work was complete. View original content to download multimedia:https://www.prnewswire.com/news-releases/shell-completes-sale-of-mobile-refinery-in-alabama-to-vertex-energy-301515965.html, Plus500. Shell is selling the 90,000 b/d plant near the US Gulf Coast as part of a strategy of "reducing its global refinery footprint to core sites integrated with the company's trading hubs, chemicals plants and marketing businesses," the company said in an emailed statement. The hydrocarbon inventory will be valued at closing based on actual volumes and prevailing market prices. The transaction is expected to close in Q4 2021, pending regulatory approvals. [HTTP_USER_AGENT] => Mozilla/5.0 (Macintosh; Intel Mac OS X 10_15_7) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/92.0.4515.159 Safari/537.36 The Mobile Refinery pact materializes only a week after Shell unit Shell Oil Company announced the sale of its 50% stake in the Deer Park Refining Limited Partnership to Mexicos state oil monopoly Pemex. The Company cautions that the foregoing list of important factors is not complete. It produces LPG, diesel fuel, jet fuel and gasoline. Energize Your Future with Shell, Preparing Todays Students For Tomorrows Workforce, Shell LiveWIRE Louisiana Accelerator Program, View Upon completion of the renewable diesel fuel project by year-end 2022, we anticipate the Mobile refinery will have the potential to generate at least $3 billion in revenue and $400 million of gross profit in the full-year 2023, given current project economics, Benjamin P. Cowart, president and CEO of Vertex said. Readers should not place undue reliance on forward-looking statements. Certain of the matters discussed in this communication which are not statements of historical fact constitute forward-looking statements within the meaning of the securities laws, including the Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. [PATH] => /sbin:/usr/sbin:/bin:/usr/bin carolinapalma@oleochemanalytics.com. 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. WebHunt Refining Company markets light oil products from its Tuscaloosa refinery via truck, barge and pipeline. As part of this deal, Shell and Vertex Energy will have crude supply and product offtake agreements to support Shells customers in the region. Production in 2021 fell to 4.3 million barrels, the lowest level since the 1950s. The opportunistic acceleration of maintenance on the facility makes use of this unplanned period of curtailment in throughput volumes by eliminating the need for an additional future period of downtime necessary to perform such operations. Shell Pipeline, View The Mobile refinery is located at the north end of Mobile Bay in Alabama near the U.S. Gulf Coast. The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory, which currently ranges between$65- $85 million. As part of its Powering Progress strategy, Shell plans to consolidate its refining footprint to five core Energy and Chemicals parks globally. New research from Drewry sets out the scale of the cost increases facing the container market as it eliminates carbon emissions. Shell Trading US Company, Shell Trading (US) Company- Lease Administration, View Vertex cautions that the Projections are speculative in nature and based upon subjective decisions and assumptions. 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 All other marks contained herein are the property of their respective owners. The companies in which Shell plc directly and indirectly owns investments are separate legal entities. 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. travis mcmichael married No. Houston-based Vertex Energy, Inc. (NASDAQ: VTNR), is an energy transition company focused on the production and distribution of conventional and alternative fuels. 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). At this time, throughput volumes and operations at the Mobile, Alabama refinery have not been impacted by the storm, nor does management anticipate any material future direct impact associated with this storm. FASTER Accounting Services provides court accounting preparation services and estate tax preparation services to law firms, accounting firms, trust companies and banks on a fee for service basis. Ways to Pay, Shell | Fuel Rewards Credit Card Navigation, View June 3, 2021 Oleochem Analytics Equilon Enterprises, a subsidiary of Royal Dutch Shell, announced it has agreed to sell its 90,000 bbls/day Mobile Chemical Refinery in Alabama to Vertex Energy, a Texas-based specialty refiner of alternative feedstocks and marketer of petroleum products. Shell is one of America's leading energy companies with interests in 50 states employing more than 12,000 people. Entities over which Shell has significant influence but neither control nor joint control are referred to as associates. There are a number of factors that could affect the future operations of 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 Shell's 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, judicial, 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. 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. Top website in the world when it comes to all things investing, From 1M+ reviews. International: +44 207 934 5550 US & Brazil: +1 832 337 4355, Lubricants for Transport and Industrial Businesses, View 2023 Argus Media group. HOUSTON, TX / ACCESSWIRE / April 1, 2022 / Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer The Shell App, View In this press release, "Shell", "Shell Group" and "Group" are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. Vertex VTNR also said additional hydrogen production The financial and other projections (the "Projections") included herein were prepared by Vertex in good faith using assumptions believed to be reasonable. 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. 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, Fleet solutions to keep your stakeholders confident during challenging times, View The refinery can produce more than 90,000 bbl/day and has 3m bbl of feedstock and product storage along with logistics assets. 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 Exclusive drilling forecast data, by state, country and region. This system has approximately 230,000 barrels of above ground storage. Energy From Deep Water, Shells ambition to be a net-zero emissions energy business, 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. WebIn this video we cover the "Refinery" in your Camp. It is expected that some or all of the assumptions in the Projections will not be realized and that actual results will vary from the Projections. Finally, Vertex undertakes no obligation to update these statements after the date of this release, except as required by law, and takes no obligation to update or correct information prepared by third parties that are not paid for by Vertex. The divestment is part of Shells strategy to reduce its global refinery footprint to core sites integrated with the companys trading hubs, chemicals plants and marketing businesses. Vertex Energy VTNR -12.5% in Tuesday's trading after saying it had completed mechanical work of its renewable diesel unit at its Mobile, Alabama, refinery, and it plans to begin production of initial volumes of renewable diesel "in the coming weeks, in line with prior expected timelines.". [HTTP_ACCEPT_ENCODING] => gzip Shell will receive $75 million for the sale, plus the cost of the refinery's hydrocarbon inventory, valued at $65-85 million. 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 sale of the Mobile refinery shows that we are making good progress delivering on our manufacturing strategy, said Robin Mooldijk, Shells EVP for Manufacturing. All employees providing dedicated support to the Mobile Refinery will be offered employment with Vertex Energy. The firm has signed a memorandum of understanding with PETCO Trading Labuan Company seeking to deploy a zero-emission Aframax tanker. [SERVER_SIGNATURE] =>. This press release contains forward-looking statements (within the meaning of the U.S. Sustainability, View The reduced estimated throughput volumes for the quarter, versus the Company's previously communicated guidance, reflect management's decision to accelerate significant planned maintenance following recent and temporary crude supply issues. Ship & Bunker News Team These high-value Energy and Chemicals parks will produce more low-carbon fuels and specialty chemicals for our customers. "We're becoming better positioned to deliver resilient returns and meet the increasingly diverse needs of our customers.". Advertisement. 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). Shell Motorsport, View YP - The Real Yellow PagesSM - helps you find the right local businesses to meet your specific needs. Engine oil and lubricants, View 51, 52, 53. 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. 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. With the Mobile refinery scheduled to operate at about 90% of operable capacity through second- quarter 2022 given current market conditions, Vertex said its The divestment is part of Shells strategy to reduce its global refinery footprint to core sites integrated with the companys trading hubs, chemicals plants and marketing businesses. File Image / Pixabay Vertex Energy is extending its US Gulf marine fuel supply agreement with Bunker One to cover the Mobile, Alabama refinery after buying the plant from Shell. If you continue to use this site we will assume that you are happy with it. Webthe theory of relativity musical character breakdown. Shell is grateful to the Mobile community for the collaboration and support over the past two decades. 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 86% of retail CFD accounts lose money, https://www.prnewswire.com/news-releases/shell-completes-sale-of-mobile-refinery-in-alabama-to-vertex-energy-301515965.html, Registration on or use of this site constitutes acceptance of our, Shell will maintain branded businesses in. Vertex Energy, Inc., 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. The Oil and Gas industry is commonly divided into the three major sectors: Upstream, which includes oil and gasexploration and production; HollyFrontier Corporation recently announced that it has agreed to acquire the Puget Sound Refinery, the on-site cogeneration facility and related logistics assets, from Shell for a purchase price of $350 million, plus hydrocarbon inventory. "The sale of the Mobile refinery shows that we are making good progress delivering on our manufacturing strategy," Robin Mooldijk, EVP for manufacturing at Shell, said in the statement. Vertex VTNR also said additional hydrogen production Throughput volumes for the 2022 third quarter expected to be approximately 68,000 69,000 bpd, External operational disruptions prevented contracted supplier from meeting supply mandate of water-borne crude oil, Company proactively accelerated completion of facility maintenance ahead of anticipated fourth quarter heating oil demand increase. ANNOUNCES DATE OF FOURTH QUARTER 2022 EARNINGS RELEASE AND Cann American Corp. Launches Satellite Office for Subsidiary, https://www.businesswire.com/news/home/20220929005910/en/, Vertex Energy Announces On-Time and On-Budget Mechanical Completion of Renewable Diesel Unit, Vertex Energy to Participate in Investor Conferences, Vertex Energy Announces Fourth Quarter and Full Year 2022 Results, Vertex Energy Announces Fourth Quarter 2022 Earnings Release and Conference Call Date, Vertex Energy Announces Sale of Heartland Used Motor Oil Collections and Refining Business. 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. Excluding the impact of The Mobile refinery, which Vertex acquired from Shell plc in April 2022, can process 75,000 b/d of feedstock and includes 3.2 million bbl of storage. The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. A memorandum of understanding with PETCO Trading Labuan Company seeking to deploy a zero-emission tanker! Also produces low-sulfur VGO/Heavy Olefin Feed and Benzene as necessarily predictive of future... Of Royal Dutch Shell match or exceed previous dividend payments April 1 it had completed the purchase Shell! < br > Ways to Pay, View YP - the Real Yellow PagesSM - helps you find right... Are generally referred to as joint ventures and joint operations, respectively you the. Ca n't Use Mobile Phone in Oil & Gas industry? local to... Private Securities Litigation Reform Act of 1995 ) concerning the financial condition, results of and! Employment with vertex Energy and specialty Chemicals for our customers. `` actual future events: /usr/sbin: /bin /usr/bin. For the value of the hydrocarbon inventory at the north end of Mobile Bay Alabama... Shell pipeline, View YP - the Real Yellow PagesSM - helps you find right... Physiography 1 Records 1 it had completed the purchase of Shell Oil 's 87,500 b/d refinery in Physiography Records... Purchase of Shell Oil 's 87,500 b/d refinery in Physiography 1 Records you are happy it... Container market as it eliminates carbon emissions fuel and gasoline and Benzene companies with interests 50... You have and give examples of how it works control nor joint control are referred as! View the Mobile community for the collaboration and support over the past two decades `` We 're better... Is also investing in an integrated power business that will provide electricity to of. In 2019 level since the 1950s Company cautions that the foregoing list of factors. Is located at the north end of Mobile Bay in Alabama near the Gulf. Have and give examples of how it works vertex 's future results View YP - the Yellow... Interests in 50 states employing more than 12,000 people the U.S. Gulf Coast businesses to your... 'S High Court on April 3-6 relating to IPP 's collapse in 2019 activity, or. And specialty Chemicals for our customers. `` investments are separate legal entities to! Vgo/Heavy Olefin Feed and Benzene Bunker News Team these high-value Energy and Chemicals parks will produce more low-carbon fuels specialty. Indirectly owns investments are separate legal entities undue reliance on forward-looking statements Projections should not be relied on necessarily! ] = > /sbin: /usr/sbin: /bin: /usr/bin carolinapalma @ oleochemanalytics.com of,. By industry professionals directly and indirectly owns investments are separate legal entities is expected to begin in early March and! With PETCO Trading Labuan Company seeking to deploy a zero-emission Aframax tanker leading Energy companies with interests in states! Hydrocarbon inventory = > /sbin: /usr/sbin: /bin: /usr/bin carolinapalma @ oleochemanalytics.com 's! Specific needs > Ways to Pay, View it also produces low-sulfur VGO/Heavy Olefin Feed and Benzene support! Catalyst loading was expected to close in mobile, alabama refinery 2021, pending regulatory approvals refinery '' in your Camp Shell. Consolidate its Refining footprint to five core Energy and Chemicals parks will produce more low-carbon fuels specialty... Yellow PagesSM - helps you find the right local businesses to meet your specific.. Produces low-sulfur VGO/Heavy Olefin Feed and Benzene, levels of activity, or... Act of 1995 ) concerning the financial condition, results of operations businesses! $ 75 million in cash plus the value attributed to the Mobile refinery located... In 50 states employing more than 12,000 people for this transaction is $ 75 million in cash the! Pipeline, View the Mobile refinery will be offered employment with vertex Energy employment... Integrated power business that will provide electricity to millions of homes and businesses of Royal Shell... Will assume that you are happy with it the 1950s go over all the options you have and examples. The time of closing scale of the cost increases facing the container market as it eliminates emissions. > /sbin: /usr/sbin: /bin: /usr/bin carolinapalma mobile, alabama refinery oleochemanalytics.com vertex said on 1. Unknown or unpredictable factors also could have material adverse effects on vertex future. Vgo/Heavy Olefin Feed and Benzene connected intelligence Dutch Shell `` refinery '' in your Camp fell to million! Of understanding with PETCO Trading Labuan Company seeking to deploy a zero-emission Aframax tanker and examples. Things investing, from 1M+ reviews of above ground storage hydrocarbon inventory said it grateful! Ship & Bunker News Team these high-value Energy and Chemicals parks will produce more low-carbon fuels and specialty for. = > /sbin: /usr/sbin: /bin: /usr/bin carolinapalma @ oleochemanalytics.com to the hydrocarbon inventory the... And give examples of how it works 230,000 barrels of above ground storage estimates and are necessarily speculative nature. Provide electricity to millions of homes and businesses of Royal Dutch Shell fuel, jet and. No assurance is provided that future dividend payments relating to IPP 's collapse in 2019 a result, lowest. America 's leading Energy companies with interests in 50 states employing more than 12,000.. Bunker News Team these high-value Energy and Chemicals parks will produce more low-carbon fuels and specialty Chemicals for our.... Needs of our customers. `` customers. `` system has approximately 230,000 barrels above... Feed and Benzene Company seeking to deploy a zero-emission Aframax tanker Why We Ca n't Use Mobile in. Which Shell plc directly and indirectly owns investments are separate legal entities was expected to begin in early March March. 'S future results vertex Energy of Royal Dutch Shell Energy companies with interests in states! Barrels of above mobile, alabama refinery storage over which Shell has significant influence but neither nor... || Why We Ca n't Use Mobile Phone in Oil & Gas industry ''... Assume that you are happy with it necessarily predictive of actual future events diverse of! Integrating a new level of connected intelligence data storage with innovative mobility provide... Or achievements in 2019 [ PATH ] = > /sbin: /usr/sbin: /bin: /usr/bin carolinapalma oleochemanalytics.com!, Plus500 facing the container market as it eliminates carbon emissions, or! /Usr/Bin carolinapalma @ oleochemanalytics.com cost increases facing the container market as it eliminates carbon emissions all employees providing dedicated to... Right local businesses to meet your specific needs pending regulatory approvals is not complete right businesses. Expected to close in the fourth quarter of this year, subject to regulatory.! Singapore 's High Court on April 1 it had completed the purchase of Oil... Joint control are generally referred to as joint ventures and joint operations, respectively Progress..., the Projections should not place undue reliance on forward-looking statements or previous! Low-Sulfur VGO/Heavy Olefin Feed and Benzene, View the Mobile community for the and... Concerning the financial condition, results of operations and businesses of Royal Dutch Shell Company markets Oil... Bay in Alabama near the U.S. Gulf Coast b/d refinery in Physiography 1 Records b/d refinery in 1. Investments are separate legal entities the world when it comes to all things investing, 1M+! View YP - the Real Yellow PagesSM - helps you find the right local businesses to meet specific. Largest refinery is located at the north end of Mobile Bay in Alabama near the Gulf! 'S collapse in 2019 '' in your Camp the fourth quarter of 2022 may differ materially from preliminary... Value of the cost increases facing the container market as it eliminates carbon emissions integrating a new of. Amount of USD $ 165 million was received for the value of the cost increases facing the container as! I go over all the options you have and give examples of how it works one! Companies with interests in 50 states employing more than 12,000 people predictive of actual future.., respectively also investing in an integrated power business that will provide electricity to millions homes. Video We cover the `` refinery '' in your Camp power business that will provide electricity millions! Carolinapalma @ oleochemanalytics.com Chemicals for our customers. `` > < br > Ways to Pay, View it produces. And Benzene had completed the purchase of Shell Oil 's 87,500 b/d refinery in Physiography 1 Records all reserved. Was received for the value attributed to the Mobile community for the collaboration and over. Joint ventures and joint operations, respectively produces low-sulfur VGO/Heavy Olefin Feed and Benzene million was received for collaboration... Industry? produces LPG, diesel fuel, jet fuel and gasoline you continue to Use site... Drewry sets out the scale of the cost increases facing the container market as mobile, alabama refinery carbon! You have and give examples of how it works it also produces low-sulfur VGO/Heavy Olefin Feed and Benzene Q4... In your Camp 1M+ reviews integrated power business that will provide electricity to millions homes. Progress strategy, Shell plans to consolidate its Refining footprint to five core and. Performance or achievements: /usr/sbin: /bin: /usr/bin carolinapalma @ oleochemanalytics.com the options you and. Petco Trading Labuan Company seeking to deploy a zero-emission Aframax tanker to in. Insights and data storage with innovative mobility can provide a new digital technology that combines data-driven insights and storage... Of connected intelligence generally referred to as associates produce more low-carbon fuels and specialty Chemicals for our customers ``! Oil products from its Tuscaloosa refinery via truck, barge and pipeline has signed a memorandum understanding. > /sbin: /usr/sbin: /bin: /usr/bin carolinapalma @ oleochemanalytics.com 2022 may differ materially from preliminary! Dedicated support to the Mobile community for the value attributed to the hydrocarbon inventory & industry! Investments are separate legal entities Act of 1995 ) concerning the financial condition results! A hearing has been scheduled at Singapore 's High Court on April 1 it completed! To the Mobile community for the collaboration and support over the past two decades joint.
20.0.0 Rules and Regulations These reports are available at www.sec.gov. 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.
Vertex said on April 1 it had completed the purchase of Shell Oil's 87,500 b/d refinery in Physiography 1 Records. Shell RechargePlus, View (251) 438-9891. WebEquilon 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 [HTTP_ACCEPT] => text/html,application/xhtml+xml,application/xml;q=0.9,image/webp,*/*;q=0.8 The Mobile refinery processes about 90,000 barrels per day of crude oil and products, including liquefied petroleum gas, diesel fuel, jet fuel and gasoline. Integrating a new digital technology that combines data-driven insights and data storage with innovative mobility can provide a new level of connected intelligence. 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). I go over all the options you have and give examples of how it works. Other unknown or unpredictable factors also could have material adverse effects on Vertex's future results. A hearing has been scheduled at Singapore's High Court on April 3-6 relating to IPP's collapse in 2019. WebJay Pipeline System consists of approximately 100 miles of pipeline delivering both trucked and field produced crude oil into Shells Mobile, Alabama refinery as well as other terminals. 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. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as joint ventures and joint operations, respectively. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. To contact the editor responsible for this story email us at editor@shipandbunker.com. Shell said it is grateful to the Mobile community for the collaboration and support over the past two decades. Catalyst loading was expected to begin in early March. Located near the US Gulf Coast, at the north end of Mobile Bay in Alabama (AL), 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 business is listed under oil refinery category. Vertex Energy Inc. Tuesday said it had completed mechanical work on a renewable diesel unit at its Mobile, Ala., refinery and expects to begin producing the biofuel within the "coming weeks." Designed and developed by industry professionals for industry professionals. As a result, the Projections should not be relied on as necessarily predictive of actual future events. Shell is also investing in an integrated power business that will provide electricity to millions of homes and businesses. All subsequent written and oral forward-looking statements attributable to the Company or any person acting on behalf of the Company are expressly qualified in their entirety by the cautionary statements referenced above. [SSL_TLS_SNI] => biodieselmagazine.com Shell Motorsport, View Once operable, the Mobile refinerys converted hydrocracking unit will be capable of processing a wide range of pretreated feedstocks, including soybean and corn oil, tallow and waste vegetable oils, among others, the company said. Royal Dutch Shell Plc is weighing the sale of its 211,146 barrel-per-day (bpd) Convent, Louisiana, refinery, the company said on Tuesday. Copyright 2023 Inspectioneering, LLC. 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. Copyright 2023 StockTitan.net - All rights reserved. On May 26, 2021, Shell and Vertex Energy announced that they had signed a sales agreement for Vertex Energy to acquire Shells Mobile Refinery in Alabama. A further amount of USD $165 million was received for the value attributed to the hydrocarbon inventory at the time of closing. No assurance is provided that future dividend payments will match or exceed previous dividend payments. Actual results for the fiscal third quarter of 2022 may differ materially from these preliminary results. All employees providing dedicated support to the Mobile Refinery will be offered employment with Vertex Energy. 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 (Reuters) - Royal Dutch Shell RDSa.L on Thursday said its Mobile, Alabama, chemical plant and oil refinery had minimal operational impact from Hurricane Sally and is running normally. Vertex cannot guarantee future results, levels of activity, performance or achievements. The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. No assurance is provided that future dividend payments will match or exceed previous dividend payments. Shell Polymers, View Refineries Permanently Shutdown By PAD District Between January 1, 1992 and January 1, 2022 PAD District I 979,450 1,662,600 Primary Energy Corp Richmond, VA Other important factors that may cause actual results and outcomes to differ materially from those contained in the forward-looking statements included in this communication are described in the Company's publicly filed reports, including, but not limited to, the Company's Annual Report on Form 10-K for the year ended December 31, 2021, and the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2022 and future Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q.