mobile, alabama refinery
Entities over which Shell has significant influence but neither control nor joint control are referred to as "associates". 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. 
NORA member, Vertex Energy, Inc., (NASDAQ:VTNR)("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today announced that it has entered into a definitive agreement to acquire the Mobile refinery ("Mobile") located in Mobile, Alabama from Equilon Enterprises LLC d/b/a Shell Oil Location 1 Aliquots. Vertex Energy on Feb. 28 confirmed that the renewable diesel conversion project at its refinery in Mobile, Alabama, is on track to be mechanically complete in late March, with initial production volumes expected in April. 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." In light of the foregoing, readers are cautioned not to place undue reliance on the Projections. Business Customers, View Shell Fleet Solutions, View Top website in the world when it comes to all things investing, From 1M+ reviews. Shell sells Alabama refinery to Vertex Energy Sponsored by: Bengal Transport Words such as "strategy," "expects," "continues," "plans," "anticipates," "believes," "would," "will," "estimates," "intends," "projects," "goals," "targets" and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements. The refinery can produce more than 90,000 bbl/day and has 3m bbl of feedstock and product storage along with logistics assets. Bunker One holds a small stake in Vertex, and has the right to purchase up to 100% of the marine fuel produced at its Marrero, Louisiana plant up to 2029. Vertex Energy on Feb. 28 confirmed that the renewable diesel conversion project at its refinery in Mobile, Alabama, is on track to be mechanically complete in late March, with initial production volumes expected in April. 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. 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. FASTER ASP Software is ourcloud hosted, fully integrated software for court accounting, estate tax and gift tax return preparation. The new Fredericia-based firm, Nolu Enerrgy Aps, will partner with Alpha Trading as exclusive agent. Vertex Energy Extends Bunker One Deal to Cover Mobile Refinery, Bunker Holding Head of Trading Desk Steps Down, Kenni Goldenbeck Launches New Bunker Trading Firm Nolu Energy, Former Director of Singapore Supplier Inter-Pacific Petroleum Heads to Court, Bunker Holding Americas Credit Manager Steps Down, Green Methanol May Add More than $1,000/FEU to Container Freight Rate: Report. Vertex VTNR also said additional hydrogen production Shell's 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. 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 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. [HTTP_CF_CONNECTING_IP] => 111.93.53.170 Please log in or register to participate in comments and discussions. 
Designed and developed by industry professionals for industry professionals. As part of its Powering Progress strategy, Shell plans to consolidate its refining footprint to five core Energy and Chemicals parks globally. 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. This press release contains forward-looking statements (within the meaning of the U.S. Vertex also owns a facility, Myrtle Grove, located on a 41-acre industrial complex along the Gulf Coast in Belle Chasse, LA, with existing hydroprocessing and plant infrastructure assets, that include nine million gallons of storage. 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. Shell is one of America's leading energy companies with interests in 50 states employing more than 12,000 people. Overview Aluminum. The Houston-based company said work on the renewable diesel unit was completed in March within the budgeted $110 million to $115 million. It California manufacturers of renewable diesel are eligible for 1.7 D4 Renewable Identification Number credits, which were valued Monday at $1.545/gal, Dow Jones said. Vertex Energy is a U.S. owned, Texas-based specialty refiner of alternative feedstocks and marketer of high purity petroleum products. Mullen Automotive Accelerates Implementation of Its Solid-State Polymer Battery HUMBL Launches Web 3 Advertising and CRM Program Technologies. 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 Aluminum Refining Plant is a processing plant. Copyright 2023 Inspectioneering, LLC. 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 
Alabama has three petroleum refineries with a combined processing capacity of about 141,000 barrels of crude oil per calendar day. LyondellBasell to acquire 50% of Sasols 1.5 MM ton ethane cracker, 0.9 MM ton low and linear-low density polyethylene plants, and associated infrastructure in Louisiana for a total consideration of $2 Billion. Supplier Diversity, View Royal Dutch Shell Plc is weighing the sale of its 211,146 barrel-per-day (bpd) Convent, Louisiana, refinery, the company said on Tuesday. Additional risk factors that may affect future results are contained in Shell plc's Form 20-F for the year ended December 31, 2020 (available at www.shell.com/investor and www.sec.gov). WebShell sells Alabama refinery to Vertex Energy May 26, 2021 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). Production in 2021 fell to 4.3 million barrels, the lowest level since the 1950s. YP advertisers receive higher placement in the default ordering of search results and may appear in sponsored listings on the top, side, or bottom of the search results page. 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 refinery is designed to 
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. Oil and gas are found in many counties as well as in Mobile Bay. Houston-based Vertex Energy, Inc. (NASDAQ: VTNR), is an energy transition company focused on the production and distribution of conventional and alternative fuels. The sale of the Shell refinery located in Mobile, Alabama, U.S.A., has been completed, Equilon Enterprises LLC d/b/a Shell Oil The 91,000 barrel-per-day Mobile refinery is a strategically located asset, one capable of sourcing a flexible mix of cost-advantaged light-sweet domestic and international feedstocks. View source version on businesswire.com: https://www.businesswire.com/news/home/20220929005910/en/, John Ragozzino Jr., CFA (ICR)IR@vertexenergy.com. *Capture rate relates to benchmark Gulf Coast 2-1-1 Crack Spread. 
[HTTP_X_FORWARDED_PROTO] => https Webthe theory of relativity musical character breakdown. These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. No assurance is provided that future dividend payments will match or exceed previous dividend payments. 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 [HTTP_CDN_LOOP] => cloudflare Facebook Twitter Instagram Pinterest. Engine oil and lubricants, View A hearing has been scheduled at Singapore's High Court on April 3-6 relating to IPP's collapse in 2019. 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. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. Are You Ready for The Digital Transformation. Water Treatment Equipment-Service & Supplies, Oils-Lubricating-Wholesale & Manufacturers, Petroleum Products-Wholesale & Manufacturers. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. Vertex Energy is a U.S. owned, Texas-based specialty refiner of alternative feedstocks and marketer of high purity petroleum products. Founded in 1989, we are the oldest company of our kind on the Gulf, From Business: Davison Fuels & Oil Inc is a locally owned and operated wholesale petroleum products distribution company who doesn't measure success by what we have, From Business: Davison Fuels & Oil, Inc. is one of the largest locally owned and operated wholesale distributors of fuel and lubricants in the Southeastern United States., From Business: McKinney Petroleum Equipment specializes in sales and service of petroleum, commercial and industrial equipment and systems. 
About Shell in the USA, View These terms are also used where no useful purpose is served by identifying the particular entity or entities. The important factors that may cause actual results and outcomes to differ materially from those contained in such forward-looking statements include, without limitation, the Companys projected Outlook for the third quarter of 2022, as discussed above; the Companys ability to raise sufficient capital to complete future capital projects and the terms of such funding, to the extent necessary; the estimates of impact of recent events on third and fourth quarter operating results; the timing of planned capital projects at the Mobile Refinery and the outcome thereof; the future production of the Mobile Refinery; the estimated timeline of the renewable diesel capital project, estimated and actual production associated therewith, estimated revenues over the course of the agreement with Idemitsu, anticipated and unforeseen events which could reduce future production at the refinery or delay planned capital projects, changes in commodity and credits values, and certain early termination rights associated with the Idemitsu agreement and conditions precedent to such agreement; certain mandatory redemption provisions of the outstanding senior convertible notes, the conversion rights associated therewith, and dilution caused by such conversions; the Companys ability to comply with required covenants under outstanding senior notes and a term loan and pay amounts due under such senior notes and term loan, including interest and other amounts due thereunder; the ability of the Company to retain and hire key personnel; risks associated with the ability of Vertex to complete current plans for expansion and growth, and planned capital projects; the level of competition in our industry and our ability to compete; our ability to respond to changes in our industry; the loss of key personnel or failure to attract, integrate and retain additional personnel; our ability to protect our intellectual property and not infringe on others intellectual property; our ability to scale our business; our ability to maintain supplier relationships and obtain adequate supplies of feedstocks; our ability to obtain and retain customers; our ability to produce our products at competitive rates; our ability to execute our business strategy in a very competitive environment; trends in, and the market for, the price of oil and gas and alternative energy sources; the volatile nature of the prices for oil and gas caused by supply and demand, including volatility caused by the ongoing Ukraine/Russia conflict; our ability to maintain our relationships with our partners; the impact of competitive services and products; the outcome of pending and potential future litigation, judgments and settlements; rules and regulations making our operations more costly or restrictive; changes in environmental and other laws and regulations and risks associated with such laws and regulations; economic downturns both in the United States and globally, increases in inflation and interest rates, increased costs of borrowing associated therewith and potential declines in the availability of such funding; risk of increased regulation of our operations and products; disruptions in the infrastructure that we and our partners rely on; interruptions at our facilities; unexpected and expected changes in our anticipated capital expenditures resulting from unforeseen or planned required maintenance, repairs, or upgrades; our ability to acquire and construct new facilities; our ability to effectively manage our growth; decreases in global demand for, and the price of, oil, due to COVID-19, state, federal and foreign responses thereto, inflation, recessions or other reasons, including declines in economic activity or global conflicts; our ability to acquire sufficient amounts of used oil feedstock through our collection routes, to produce finished products, and in the absence of such internally collected feedstocks, and our ability to acquire third-party feedstocks on commercially reasonable terms; unexpected downtime at our facilities; risks associated with COVID-19, the global efforts to stop the spread of COVID-19, potential downturns in the U.S. and global economies due to COVID-19 and the efforts to stop the spread of the virus, and COVID-19 in general; anti-dilutive rights associated with our outstanding securities; our level of indebtedness, which could affect our ability to fulfill our obligations, impede the implementation of our strategy, and expose us to interest rate risk; dependence on third party transportation services and pipelines; risks related to obtaining required crude oil supplies, and the costs of such supplies; counterparty credit and performance risk; unanticipated problems at, or downtime effecting, our facilities and those operated by third parties; risks relating to our hedging activities; and risks relating to planned divestitures and acquisitions. StateEscape, View [HTTP_CF_VISITOR] => {"scheme":"https"} From a sole proprietorship founded. 
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Hurricane Ian made U.S. landfall as a Category 4 hurricane on Wednesday, September 28, 2022. The company completed shutdown of the hydrocracker unit on Jan. 6. Lubricants for Transport and Industrial Businesses, Contact shell lubricants technical experts, Contact a Shell EcoSafe Lubricants Representative, View They also offer future potential hubs for sequestration. Claim this business. [PATH] => /sbin:/usr/sbin:/bin:/usr/bin Accordingly, you should not place undue reliance on these forward-looking statements. Throughput volumes for the third quarter of 2022 are now estimated "The unanticipated disruption to our contractually mandated supply of crude oil, while negatively affecting third quarter throughput volumes, has once again proved our team's ability to respond to adverse events in a way that maximizes operational flexibility and economic value," stated Benjamin P. Cowart, President and CEO of Vertex, who continued, "By seizing the opportunity to accelerate significant maintenance on the facility, we believe we have further improved our position to fully capitalize on the continued strength in product margins throughout the typically seasonally strong fourth quarter, as our hedge position rolls off.". The facility is located along the United States Gulf Coast at the north end of Mobile Bay in It produces LPG, diesel fuel, jet fuel and gasoline. The refinery is located close to Mobile, Alabama. (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. Webbarrel-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. [HTTP_ACCEPT] => text/html,application/xhtml+xml,application/xml;q=0.9,image/webp,*/*;q=0.8 Meanwhile, oil activity is stalling in the U.S. A trading desk head for marine fuels conglomerate Bunker Holding has stepped down from his role after an eight-year stint with the firm and its subsidiaries. WebPAD District / Refinery Location Total Atmospheric Distillation Capacity (bbl/cd) Crude Oil Total Downstream Charge Capacity (bbl/sd) Date of Last Operation Date Shutdown Table 13. 
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. The Mobile refinery has the optionality to run as a stand-alone refinery and is also capable of producing base oils and chemicals feedstock. Neither 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. 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. [HTTP_CACHE_CONTROL] => no-cache 
It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. In the U.S. The company in May 2021 announced it had entered into a definitive agreement to acquire the Alabama refinery All employees providing dedicated support to the Mobile Refinery will be offered employment with Vertex Energy. May 27, 2021. The company said the Mobile plant generated $147.1 million in gross margin in the fourth quarter thanks to strong prices for legacy fuels. The companies in which Shell plc directly and indirectly owns investments are separate legal entities. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. If you continue to use this site we will assume that you are happy with it. Arrival Advances U.S. Commercialization Plans Through Business Combination with CNS Pharmaceuticals Receives Approval from Competent Authority and Central Ethics EIGHTCO HOLDINGS INC. 
Vertex Energy on Feb. 28 confirmed that the renewable diesel conversion project at its refinery in Mobile, Alabama, is on track to be mechanically complete in late March, with initial production volumes expected in April. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as "joint ventures" and "joint operations", respectively. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. 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. YP, the YP logo and all other YP marks contained herein are trademarks of YP LLC and/or YP affiliated companies. 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 Shell Fleet Solutions, Steps to Achieving Smarter Fleet Management, Fleet solutions to keep your stakeholders confident during challenging times, View All employees providing dedicated support to the Mobile Refinery will be offered employment with Vertex Energy. Three catalysts may be setting up Vertex Energy VTNR for a strong 2023, Rational Expectations writes in an analysis published on Seeking Alpha. Vertex VTNR also said additional hydrogen production infrastructure and equipment has arrived on-site, in line with the project schedule. Fiduciary Accounting Software and Services. 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). 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. Shell Fuels, View 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. Business Customers, View Sustainability News, View The Company cautions that the foregoing list of important factors is not complete. 
WebAlabama Bulk Terminal Company. If successful, the new consortiumwhich includes researchers from The firm has signed a memorandum of understanding with PETCO Trading Labuan Company seeking to deploy a zero-emission Aframax tanker. HollyFrontier Acquiring Puget Sound Refinery from Shell, PBF Energy Acquiring Shell's Martinez Refinery in $1 Billion Deal, Shell Considers Divesting Louisiana Refinery, Calumet Closes Sale of San Antonio Refinery and Terminal, LyondellBasell and Sasol Form Integrated Polyethylene Joint Venture in Louisiana, Next-Generation HydroFORM Scanner is an Optimized Corrosion Mapping Solution, Evident Acquired by Bain Capital: Partnership to Accelerate Future Growth and Innovation, Explosion at a Refinery in Indonesia Injures 9, HUVRdata and RealWear Team Up to Enable Hands-Free Inspections and Improve Safety, Placid Refining Plans to Relocate Headquarters from Texas to Louisiana and Modernize Port Allen Facility. 
Copyright 2023 - BBI International - All rights reserved. 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. The Mobile Aluminum Refining Plant is in Mobile, Alabama. Excluding the impact of WebAlabama Bulk Terminal Co is a Oil refinery located at 195 Cochrane Cswy, North Industrial Area, Mobile, Alabama 36602, US. Shell is also investing in an integrated power business that will provide electricity to millions of homes and businesses. WebVertex Energy Inc. announced April 4 the successful mechanical completion of its renewable diesel unit at the companys Mobile, Alabama, refining facility. 
All rights reserved. StateEscape, View Royal Dutch Shell, Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. Physiography 1 Records. All rights reserved. [HTTP_ACCEPT_LANGUAGE] => en-US,en;q=0.8 The Mobile Plant generated $ 147.1 million in gross margin in the fourth quarter thanks to strong prices for fuels... To the hydrocarbon inventory at the companys Mobile, Alabama logistics assets parks globally Enerrgy,... Qualify all forward-looking statements contained in this press release and should be considered by the reader level. Marks contained herein are trademarks of mobile, alabama refinery LLC and/or YP affiliated companies Mobile has... View Sustainability News, View [ HTTP_CF_VISITOR ] = > 111.93.53.170 Please log in or register to participate comments... Of the hydrocracker unit on Jan. 6 of alternative feedstocks and marketer of purity. In 2021 fell to 4.3 million barrels, the YP logo and all other marks. Jr., CFA ( ICR ) IR @ vertexenergy.com Shell plans to consolidate its refining footprint to core... Consolidate its refining footprint to five core Energy and Chemicals feedstock this site we will that... Produces low-sulfur VGO/Heavy Olefin Feed and Benzene also investing in an integrated power business that will electricity!, CFA ( ICR ) IR @ vertexenergy.com '', alt= '' vertex refinery '' > /img... Ourcloud hosted, fully integrated Software for court accounting, estate tax and gift tax return preparation counties well... Plans to consolidate its refining footprint to five core Energy and Chemicals feedstock assume that you are with..., John Ragozzino Jr., CFA ( ICR ) IR @ vertexenergy.com:! The foregoing, readers are cautioned not to place undue reliance on the.... 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