The Shell App, View Contractors were not always on equal status, particularly when it came to safety. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as joint ventures and joint operations, respectively. For the period ended 31st December 2021 Tailwind Energy Investments Ltd recorded a profit of $36.4 million arising from a dividend declared by its subsidiary in November 2021. The company said it will spend $85 million to convert Mobile's hydrocracking unit. The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. Mobile, AL 36607. Energize Your Future with Shell, 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 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. Lubricants for Transport and Industrial Businesses, View The refinery is designed to process approximately 90,000 barrels per. Diversity Advocacy, View As part of this deal, Shell and Vertex Energy will have crude supply and product offtake agreements to support Shells customers in the region. HOUSTON, May 26, 2021 /PRNewswire/ --Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Companyand 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). 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. Shell Trading US Company, Shell Trading (US) Company- Lease Administration, View 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. ANON: RE: Nigerian oil export terminal had theft line into sea for 9 years 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. 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. That meeting was recorded. The companies in which Shell plc directly and indirectly owns investments are separate legal entities. A further amount of USD $165 million was . : Technical safety across the board has suffered a similar mindset "as long as it doesn't blow-up on my watch, it's <>." the new emperors have no clothes! No. Ways to save, View These terms are also used where no useful purpose is served by identifying the particular entity or entities. Employees providing dedicated support to the refinery were offered employment with Vertex Energy with effect upon closing in accordance with the transaction. Energy and Innovation, 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. Mobile, AL 201 Shell Street, Saraland, AL 36571, United. 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. Vertex Energy NASDAQ:VTNR said Tuesday that the completion of the renewable diesel conversion project in its refinery in Mobile, Alabama is expected by the final week of March. Enter your ad code in the Widget Admin to display your ads here. Shell Fuels, View Shell RechargePlus, View Crude. 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 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. 3208 Moffett Rd. International: +44 207 934 5550 US & Brazil: +1 832 337 4355, Lubricants for Transport and Industrial Businesses, View For information on Hunt Refining Company's parent company, Hunt Consolidated, Inc., clickhereclickhere. The hydrocarbon inventory will be valued at closing based on actual volumes and prevailing market prices. 123718128) Written by 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 Usethis linkfor Shells own website. As part of this deal, Shell and Vertex Energy will have crude supply and product offtake agreements to support Shells customers in the region. 205-533-8825, 2023 Alabama Gold Refinery. VERTEX covers central and northern Alabama such as Birmingham, Tuscaloosa, and Huntsville, from our Atlanta office and Nashville field office. 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. "We're becoming better positioned to deliver resilient returns and meet the increasingly diverse needs of our customers.". 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. Baldwin County. Please visit our Privacy page for more information about cookies and how we use them. 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. 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 Mobile, Alabama Area Worked a fast paced accounting desk,multiple phone lines ,assisting customers with billing refunds and problem solving questions for the benefit of the customer in mind . 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. The company markets asphalt, transportation fuels, light oils and other refinery products predominantly in the southeastern United States. OC430905) for a consideration of 1 Cision Distribution 888-776-0942 The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. As part. Shell and Vertex will have crude supply and product offtake agreements, according to the companies. 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 Latest News All media releases for Vertex Energy. Shell Trading US Company, Shell Trading (US) Company- Lease Administration, View 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. Supplier Diversity, View It can be found here on WIKIMEDIA COMMONS. 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. 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. Through passion, persistence, and innovation, they are the ones who spark things into motion. Where did the $36.4 million dividend go? About Shell in the USA, View 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. These symbols will be available throughout the site during your session. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. 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. It produces. Cavendish Energy Holdings Ltd is also the ultimate parent company and ultimate controlling party which prepares consolidated financial statements. That's why it wasn't paid. Supporting Education, View 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. Energy From Deep Water, View Entities and unincorporated arrangements over which Shell has joint control are generally referred to as "joint ventures" and "joint operations", respectively. Companies House Records show that Tailwind Energy Holdings LLP is the 'Designated Member' and only 'Designated Member' for each of the above three companies. 'all hands to the pumps'. This is not a Shell website. EBOOK TITLE: JOHN DONOVAN, SHELLS NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL AVAILABLE ON AMAZON. Useless company out at end of contract. Energy From Deep Water, View Ways to Pay, View Supporting Education, View The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. Reuters->. The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. 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 : 29th July 2020 Tailwind Energy Investments Ltd (Co. Reg. Additional risk factors that may affect future results are contained in Royal Dutch Shells Form 20-F for the year ended December 31, 2020 (available at www.shell.com/investor and www.sec.gov). On 1st November 2021, Tailwind Energy Investments Ltd declared a dividend of $36.4 million. These high-value Energy and Chemicals parks will produce more low-carbon fuels and specialty chemicals for our customers. 12154073) . "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. 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 Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. the same goes for the British government who cannot sell or pass a contract to any utility company that did not exist on my part , I will not be intimidated or threatened or money demanded by fraudulent acts , ie fraud by misrepresentation, fraud by misdirection, and fraud by abuse of position or power read the law shell even the government can't force me I have no contract remove your meters I will starve and freeze before I pay you a penny I paid them nearly 2, 200 quid to get rid they now say I owe them 2,518 they add on not take off I have no contract with you , you are breaking the law bye, CUSTOMER COMMENTS ABOUT SHELL ENERGY RSS Feed. : 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. $3.00. 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. 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 completes sale of Mobile refinery in Alabama to Vertex Energy, Shell speaks to Congress about energy and climate. Companies House Records show under 'Appointments' for Cavendish Energy Holdings Ltd that Tailwind Energy Holdings LLP is the 'Active LLP Designated Member'. 760 Aldock Road Eight Mile, AL 36613 Phone: (251) 574-2267 For More. All employees providing dedicated support to the Mobile Refinery will be offered employment with Vertex Energy. 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). 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 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, 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. 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. The crude oil capacity of the Mobile Refinery is 90,000 barrels per day. 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 Pipeline, View Useless company out at end of contract. There are no subscription charges nor do we solicit or accept donations. At closing, Vertex acquired approximately $165 million in hydrocarbon inventory from Shell that was financed through an intermediation agreement arranged by Vertex. 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. 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. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. Cavendish Energy Holdings Ltd (Co. Reg No.12154073) If Mr Goulds disparaging comments were not aimed at the latter group, its no surprise the meeting ended on a low note. These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. 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. No. Shell is also investing in an integrated power business that will provide electricity to millions of homes and businesses. Vertex plans to produce petroleum fuel and renewable diesel at the refinery following the close of the transaction in the fourth quarter of . Mon-Fri: 10:00-4:30 By Appt. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Conservation, View 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. A 30% reduction will cause a daily output loss of 1,800 mt, which could translate into a total loss of 81,000 mt in . Diesel. 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. No. 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. He said the night of Dec. 23 would be "the real test for Mobile." The current value of the hydrocarbon inventory would range from. I spent another hour on hold. Forward-looking statements are statements of future expectations that are based on managements current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Alabama Gold Refinery, LLC is an independent watch dealer and is not sponsored by, associated with and/or affiliated with Rolex, S.A. Alabama Gold Refinery, LLC only sells pre-owned Rolex watches and provides its own warranties on the watches it sells. 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