Vertex Energy is a U.S. owned, Texas-based specialty refiner of alternative feedstocks and marketer of high purity petroleum products. Dividends of $36.4 million ($125,245.7 per share) were declared by Tailwind Energy Investments Ltd for the period ended 31st December 2021. The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. The following day the service was resumed and a demand for the money paid over the phone was sent to her house. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. 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. OC430905) for a consideration of 1 Conservation, View Do Not Sell My Personal Information (CA Residents Only). Ways to Pay, Shell | Fuel Rewards Credit Card Navigation, View 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. 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. Date of experience: 10 September 2022, Zero Stars: Zero stars I have no written or verbal contract with shell energy . HOUSTON, TX / ACCESSWIRE / April 1, 2022 / Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products today announced the Mercuria Holdings (UK) Ltd (Co. Reg. Cision Distribution 888-776-0942 Subsidiaries, Shell subsidiaries and Shell companies as used in this press release refer to entities over which Shell plc either directly or indirectly has control. 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 Tailwind Investments Ltd Annual Report and Financial Statements period ended 31st December 2021 indicates Page 16 7. ANON: RE: Nigerian oil export terminal had theft line into sea for 9 years The Shell App, View 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. Supplier Diversity, View Following the transaction, Tailwind Energy Holdings LLP became the parent company of Tailwind Energy Investments Ltd. On the date of issue, the shares of NSV Energy Ltd were valued at $479.9 million resulting in the recognition of an investment of $479.9 million. The facility distributes its finished product across the southeastern United States through a high-capacity truck rack, together with deep and shallow water distribution points capable of supplying waterborne vessels. All Rights Reserved. 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, TX / ACCESSWIRE / April 1, 2022 / Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products today announced the completion of the previously announced acquisition of the Mobile, Alabama refinery and related marine terminal and logistics assets from Equilon Enterprises LLC d/b/a Shell Oil Products US ("Shell . The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In a culture defined by personal ownership and continuous improvement, they are the ones who embrace that culture and live it daily, inspiring each other to new heights. The facility is located along the United States Gulf Coast at the north end of Mobile Bay in Alabama. Mobile, AL 36606 (251) 434-1010; On 1st November 2021, Tailwind Energy Investments Ltd declared a dividend of $36.4 million. Create your Watchlist to save your favorite quotes on Nasdaq.com. They are the worst of the worst. That meeting was recorded. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. 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. 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. 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. Mobile, AL 36608 OPEN 24 Hours 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. 5. 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 refinery's installed capacity stands at 2.19 million mt. Business Customers, View Wrath: Subsurface Technical Staff at Shell who previously worked for BG Group would be well advised to remember that reserves should not be booked on subjective technical workflows and furthermore that both the technical workflows used in calculating reserves and their results should be reproducible by the Auditors. Projects and Locations, View 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. 205-533-8825, 2023 Alabama Gold Refinery. Water Treatment Equipment-Service & Supplies, Oils-Lubricating-Wholesale & Manufacturers, Petroleum Products-Wholesale & Manufacturers. Supplier Diversity, View Companies House Records show under 'Appointments' for Cavendish Energy Holdings Ltd that Tailwind Energy Holdings LLP is the 'Active LLP Designated Member'. 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. Shell in the Community, View 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 Fuels, View Here are the latest updates. This press release contains forward-looking statements (within the meaning of the U.S. Wrath: In response to Bogus Group's enquiry. Readers should not place undue reliance on forward-looking statements. 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. When it eventually goes boom, it will be blamed on TSE not the folks who are sweeping the concerns under the rug. Useless company out at end of contract. This is not a Shell website. Together we are a force for good, View The divestment is part of Shell's strategy to reduce its global refinery footprint to core sites integrated with the company's trading hubs, chemicals plants and marketing businesses. The refineries are Mobile located in Alabama, and Puget Sound near Anacortes, Washington, US. Together we are a force for good, 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. All employees providing dedicated support to the Mobile Refinery will be offered employment with Vertex Energy. Vertex will also buy co-related logistics infrastructure and hydrocarbon inventory, including more than 3 million barrels of crude oil and product storage. 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 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. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. Media Americas:+1 832 337 4355 Media International:+44 207 934 5550. Following the successful completion of a planned $85 million conversion of the Mobile refinery's hydrocracking unit by year-end 2022, Vertex anticipates that the refinery will have the potential . These terms are also used where no useful purpose is served by identifying the particular entity or entities. 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. $5.00. (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 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 are the people that set targets, but if they cant perceive how to deliver, someone (not them) has to be held to account. Ways to save, View About Shell in the USA, View Shell RechargePlus, 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. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. The 22nd China International Lubricants and Technology Exhibition China International Metalworking Fluids and Surface Cleaning Technology Exhibition 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. Shell Pipeline, View YP - The Real Yellow PagesSM - helps you find the right local businesses to meet your specific needs. That meeting was recorded. Cavendish Energy Holdings Ltd is also the ultimate parent company and ultimate controlling party which prepares consolidated financial statements. 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 . 123718128) Energize Your Future with Shell, Preparing Todays Students For Tomorrows Workforce, Shell LiveWIRE Louisiana Accelerator Program, NFWF Announces $2.9 Million in Grants from the Monarch Butterfly and Pollinators Conservation Fund, View No response to my emailed complaint. 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 Biodiesel, Renewable Diesel, SAF, Marine Biofuel. At that Townhall meeting Mr Gould, during his speech to the assembled staff, made many references to 'you' (meaning BG Group Staff) failing to meet targets. It employs 700 Shell workers and 400 contract workers. More. Energy From Deep Water, 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. Skip to main content. 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. The acquisition of the Mobile refinery represents a transformative moment in the history of Vertex, one that positions us to become a leading regional supplier of both renewable and conventional products, said Benjamin P. Cowart, Vertex president and CEO. These locations, including Norco in the U.S. Gulf Coast, will maximize the integration benefits of conventional fuels and chemicals production while also offering new low carbon fuels and performance chemicals. Take it from me, this is a major operation to fix. Diversity Advocacy, View In conjunction with transaction financing, Vertex closed on a previously announced $125 million senior secured term loan with a syndicate of lenders. There is a 'circularity' here that does not seem correct. Shell RechargePlus, View The Convent refinery sits on 4,400 acres that straddles Ascension and St. James parishes and can process 240,000 barrels of crude oil per day. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. 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. Shell Motorsport, View Mon-Fri: 10:00-4:30 By Appt. A further amount of USD $165 million was . 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. StateEscape, View No. On the other hand, the Mobile refinery was a 100% owned by Shell. The Shell App, View Dutch court orders Shell to deepen carbon cuts in landmark ruling, Oil Giants Are Dealt Major Defeats on Climate-Change as Pressures Intensify, https://www.hydrogeninsight.com/transport/exclusive-shell-has-quietly-closed-down-all-its-hydrogen-filling-stations-in-the-uk/2-1-1335049, Zero stars I have no written or verbal contract with shell, https://www.youtube.com/watch?v=aYusVi-qVRk&t=4s, https://www.youtube.com/watch?v=mquop7Dyveg, https://www.youtube.com/watch?v=MiY47c-L2dM, https://www.youtube.com/watch?v=79vYy6ky22E, https://www.youtube.com/watch?v=YavWGmdNido, https://www.youtube.com/watch?v=L3Mz9k5wIvc&frags=pl%2Cwn, https://www.youtube.com/watch?v=P2Ej9IdBF1U, https://www.youtube.com/watch?v=cVR5MFvzX68&frags=pl%2Cwn, https://www.youtube.com/watch?v=F6Z-tCdhkFs, https://www.youtube.com/watch?v=Ywb_jvgmQl0, https://www.youtube.com/watch?v=afL0N191IFI, https://www.youtube.com/watch?v=W0YF7WvR9n8, https://www.youtube.com/watch?v=RrayNVkmYa4&frags=pl%2Cwn, https://www.youtube.com/watch?v=SFsLYEANk9M, https://www.youtube.com/watch?v=Kszu8ctDaV0, https://www.youtube.com/watch?v=OB06C9mRHTA, https://www.youtube.com/watch?v=gTxNUFy50pg&t=9s, It can be found here on WIKIMEDIA COMMONS, Australian National Offshore Petroleum and Environmental Management Authority, Pennsylvania Shell ethylene cracker plant, The hydrocarbon inventory will be valued at closing based on actual volumes and prevailing market prices. On 1st November 2021, Tailwind Energy Investments Ltd declared a dividend of $36.4 million. 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. 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. A further amount of USD $165 million was . Companies House Records show that Tailwind Energy Holdings LLP is the 'Designated Member' and only 'Designated Member' for each of the above three companies. 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 Ways to Pay, View 'all hands to the pumps'. : Thanks to Wrath for the clarification. YP, the YP logo and all other YP marks contained herein are trademarks of YP LLC and/or YP affiliated companies. More than 3 million barrels of crude oil and product storage ultimate parent company and ultimate controlling party prepares., Texas-based specialty refiner of alternative feedstocks and marketer of high purity petroleum products 2022, Zero Stars: Stars! Employs 700 Shell workers and 400 contract workers of high purity petroleum.! 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