Pixabay. In this press release "Shell", "Shell Group" and "Group" are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. 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. Telephone +1 251 675 7040. Commerce Policy |
Puget Sound refinery. SARALAND, Ala. (WKRG) — Shell Oil company says it's selling one of it's local refineries. For more information, you can visit www.shell.com. Found inside – Page 46Texaco Inc ... Shell Oil Co .... Rock Island Oil & Refining Co .. Shell Oil Co .... Mobil Oil Corp .. Mobile , Ala . Houma , La . Gibson , La . View original content to download multimedia:https://www.prnewswire.com/news-releases/shell-sells-alabama-refinery-to-vertex-energy-301300325.html, Plus500. Entities over which Shell has significant influence but neither control nor joint control are referred to as "associates". MOBILE, Ala. (AP) — Shell Oil Co. said Thursday it will sell an Alabama refinery designed to produce 90,000 barrels of crude oil and other products daily to Texas-based Vertex Energy for $75 . See reviews, photos, directions, phone numbers and more for Shell Refinery locations in Saraland, AL. The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. The refinery is designed to process nearly 90,000 barrels per day of crude oil and products, including liquefied petroleum gas (LPG), diesel fuel, jet fuel and gasoline. (Bloomberg) -- Royal Dutch Shell PLC reached an agreement to sell its Puget Sound Refinery to HollyFrontier Corp. for $350 million in the latest major divestment from the European oil giant that's moving away from processing crude. It has a capacity of 90,000 barrels per day of crude oil and other subproducts. Take a look what Shell has in the works. Shell is grateful to the Mobile community for the collaboration and support over the past two decades. Are oil and gas and renewables really worlds apart? Following the US$75M acquisition, Vertex will become the sole owner and operator of the Mobile refinery, which will be converted to produce renewable diesel. Scotford is a joint chemicals/refining site, with an adjoining bitumen upgrader. The refinery is designed to process approximately 90,000 barrels per day of . "The acquisition of the Mobile refinery will . 5 Energy Information Administration, Refinery Capacity 2021. Shell Mobile Refinery - Largest Boat in the World. 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 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 deal is pending regulatory clearance, with completion expected in the fourth quarter of this year. Furthermore, those products may include LPG, diesel fuel; also, jet fuel and gasoline. Found inside – Page 2-782... Shell oil 10 Ventura area ( From N.W. ) Standard refinery Shell refinery ... Mobil refinery ( 16 " ) Standard refinery ( 16 " ) Shell refinery ( 16 ... “Not only will this project fundamentally transform the profitability profile of the Mobile refinery, it also positions Vertex to further its objective of developing high-purity refined products and alternative feedstocks that support the global transition toward low-carbon energy alternatives.”. Royal Dutch Shell has agreed to offload its Mobile refinery in Alabama, US to specialty refiner Vertex Energy. The Mobile refinery processes foreign and domestic crudes that are used for the production of Heavy Olefin Feed that will be shipped to and converted at other Shell sites to ethylene, propylene, and butadiene. The sale of the Mobile refinery and the accompanying co-located logistical infrastructure comprising product racks, a related port and the Blakeley Island Terminal is also included in the deal. The top executive of Houston-based Vertex Energy Inc. (Nasdaq: VTNR) has had his eye on Royal Dutch Shell PLC's (NYSE: RDS.A, RDS.B) Mobile, Alabama, refinery for years. Found inside – Page 132Pima Refinery , Chandler , Ariz_: ! ... Texas City Refining , Texas City , Tex . ... Mobile , Beaumont , Tex_1966 : Shell , Martinez , Calif . 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. A deal has been signed between Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company, and Shell Chemical LP. Learn more about Shell on our global website. 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 Mexico's state oil . "We're becoming better positioned to deliver resilient returns and meet the increasingly diverse needs of our customers.". All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Found inside – Page 6Shell Oil Co. Tenneco Oil Co. Placid Refining Co. Exxon Company U.S.A. Mobile Bay Refg . Co. LA Land And Exploration Marion Corp. 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. May 26, 2021. The purchase price of the sale, expected to close by the end of 2021, is $75 million cash, plus…. Vertex Energy will purchase Shell's 100%-owned Mobile refinery and associated co-located logistics . On completion of the US$85M conversion of the refinery . The company also sold its chemical refinery in Mobile, Alabama. Meccanica Gervasoni supplies high-technology engineering services to the hydrocarbons sector. 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, Alabama (AL), to Vertex Energy Operating LLC. 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. Found inside – Page 46Texaco Inc .. Shell Oil Co .... Rock Island Oil & Refining Co. Shell Oil Co .... Mobil Oil Corp. Mobile , Alą . Houma , La . Gibson , La . Berwick , La . Found inside – Page 362Getty serves Exxon , Lion , and Shell refineries . ... Mobile and Texaco transport crude from the San Ardo field to Chevron's marine terminals in Mobile ... The Puget Sound refinery sits on March Point, near Anacortes in Washington. Found inside – Page 70After informing that Shell lent its own mobile air monitoring station to ... Aires Refinery and Dock Sud Petrochemical Compound” states: “At Shell we are ... The refinery is designed to process approximately 90,000 barrels per day of . Shell Chemical LP - Mobile. The divestment is part of Shellâs strategy to reduce its global refinery footprint to core sites integrated with the companyâs trading hubs, chemicals plants and marketing businesses. Accessibility Statement |
US company Vertex Energy has bought Shell's 90,000 bpd Mobile Chemical LP Refinery in Alabama, US. Find 105 listings related to Shell Refinery in Saraland on YP.com. Behind a playground littered with downed tree branches, Shell's refinery in Norco, Louisiana spewed black smoke from its stacks. Last modified on Sat 4 Sep 2021 06.01 EDT. HOUSTON (ICIS)--Shell plans to reduce its refinery portfolio to six sites from 14 by 2025, the company said on Thursday. This transaction is expected to close in Q4 2021, subject to regulatory approvals. We use them to give you the best experience. US independent petroleum refiner and marketer HollyFrontier Corporation has bought the 149,000 bpd Puget Sound refinery from Shell subsidiary Equilon Enterprises for US$350 million (€290 million). By Kimberly Chin . Not registered?. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as "joint ventures" and "joint operations", respectively. Jun 2 2011. Found inside – Page 63600 + 600 465 16 16 18 3 860,000 ( 1 ) 60,000 3 240 + 235 + 495 35 Right bank Mobile River Triangle Refineries , Inc. Shell Oil Co ... GAF Corp . Found inside – Page 12SOGARA is owned jointly by the State , ELF , Total , Mobile , Shell , Texaco , Fina , and Agip . GOGAR , the second refinery , is a joint venture of the ELF ... The current value of the hydrocarbon inventory would range from. Vertex Energy will purchase Shell’s 100%-owned Mobile refinery and associated co-located logistics infrastructure, including product racks, an associated dock, and the Blakeley Island Terminal. Found inside – Page 12SOGARA is owned jointly by the State , ELF , Total , Mobile , Shell , Texaco , Fina , and Agip . GOGAR , the second refinery , is a joint venture of the ELF ... Shell explores sale of two US refineries as downstream cutbacks continue. Found inside – Page 231to get refineries restarted, or to get natural gas pipelines restarted. ... Motiva Norco Refinery and Shell Norco Chemical; (Louisiana); Mobile (Alabama); ... The Mobile refinery processes foreign and domestic crudes that are used for the production of Heavy Olefin Feed that will be shipped to and converted at other Shell sites to ethylene, propylene, and butadiene. Found inside – Page 202TABLE I.-U.S. REFINERIES BY STATE , JAN . 1 , 1972 – Continued [ Over ... Humble Oil and Refining Co. Mobile Corp Phillips Petroleum Co. Do. Shell Oil Co. Reuters reported in January 2020 that the refinery was for sale. The refineries are Mobile located in Alabama, and Puget Sound near Anacortes, Washington, US. Vertex Energy Inc. on Wednesday agreed to acquire the Mobile, Ala., refinery from a subsidiary of Royal Dutch Shell PLC for $75 million, part of the company's ambitions to . Found inside – Page 110Shell executives also lobbied British Foreign Office officials as they were ... over the first refinery in Nigeria, previously controlled by Shell since its ... Forward-looking statements are statements of future expectations that are based on management's 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. The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. The Mobile refinery reportedly has a . Found inside – Page 6... they are picked up and trucked to a local oil refinery for reclamation . ... The Mobile Area Mobile and Baldwin Counties is one of the principal urban ... The . The U.S. By Kimberly Chin . Learn more about Shell on our global . The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory. Equilon Enterprises, doing business as Shell Oil Products US, will proceed with the sale of two of its refineries 'Mobile' and 'Puget Sound'. Shell said the cash deal was part of its plan to shed refineries that aren't aligned with trading hubs, chemical plants and marketing businesses. Found inside – Page 363... the oil refinery complex of Coastal Mobile Refining Company (now Trigeant EP ... Oil Company (now Shell Chemical LP), located in Mobile County, Alabama. Live. Stratas Advisors Clients can complete quick assessments of the competitive position of any refinery in the world with our Global Refining & Products Service, which includes powerful, interactive tools for assessing competitive positions of refineries under current and future market conditions. Wish You Were Here - A Comparative Assessment of Shell Refineries Offered For Sale. Removing Ocean based oil-rigs is complex as it is expensive. At the refinery, Vertex plans to produce about 10,000bpd of renewable diesel and renewable byproducts. Found inside – Page 202TABLE I.-U.S. REFINERIES BY STATE , JAN . ... Mobile Corp. Phillips Petroleum Co. Do Shell Oil Co Southwestern Oil and Refining Co. Suntide Refining Co. Found inside – Page 114U.S. Refineries & Capacities by State Crude Oil Capacity As of Jan. ... Tuscaloosa Shell Chemical Saraland ( Mobile ) I I Total 286,250 33,500 72,000 1 1 80,000 ! ... LLC Catlettsburg 222,000 Somerset Refinery Inc. Somerset 5,500 ! All material subject to strictly enforced copyright laws Please read our Terms & Conditions, Cookies Policy and Privacy Policy before using the site. Readers should not place undue reliance on forward-looking statements. MOBILE, Ala. (AP) — Shell Oil Co. said Thursday it will sell an Alabama refinery designed to produce 90,000 barrels of crude oil and other products daily to Texas-based Vertex Energy for $75 . Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP, subsidiaries of Royal . The transaction is expected to close in the fourth quarter of 2021, subject to regulatory clearance and various closing conditions. The refinery is designed to process approximately 90,000 barrels per day of . Found inside – Page 55Shell Chemical LP (form. Equilon, Shell Oil), Mobile County, Illinois, 82G (oil refinery), approved 3/6/98 (63 FR 13168, 3/18/98) (correction, 63 FR 14898, ... The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. Opinion: Bidenâs personnel madness in Washington continues. Sponsored by: Bengal Transport. Vertex Energy is a U.S. owned, Texas-based specialty refiner of alternative feedstocks and marketer of high purity petroleum products. 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. These terms are also used where no useful purpose is served by identifying the particular entity or entities. Shell plans to shed Alabama, Washington refineries. Equilon Enterprises is further trimming US refining operations with the proposed sales of its 149,000-b/d Puget Sound refinery near Anacortes . "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. Royal Dutch Shell Plc reached an agreement to sell its Puget Sound Refinery to HollyFrontier Corp. for $350 million in the latest major divestment for the European oil giant that's moving away . 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That refinery failed to find a buyer. Found insideFrom the John Holmes Library collection. Hover over the logos to learn more about the companies who made this project possible. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. The Mobile refinery is wholly owned by Shell, located near the US Gulf Coast, at the north end of Mobile Bay in Alabama. Vertex Energy Inc. on Wednesday agreed to acquire the Mobile, Ala., refinery from a subsidiary of Royal Dutch Shell PLC for $75 million, part of the company's ambitions to . Behind a playground littered with downed tree branches, Shell's refinery in Norco, Louisiana spewed black smoke from its stacks. Found inside – Page 404B.P. Shell Exxon Mobile Irish Refining Co. , Ltd. : Shell Exxon Texaco 1970 throughput = 17.8 million bbls . Kuwait Oil Co. , Ltd .: Gulf B.P. 1971 crude ... This press release contains forward-looking statements (within the meaning of the U.S. Plans are on to increase the capacity to 14,000bpd by 2023. Principal activities. The deal comes days after Shell signed an agreement to divest its interest in the Deer Park refinery in the US to partner Pemex for $596m. âThe sale of the Mobile refinery shows that we are making good progress delivering on our manufacturing strategy,â said Robin Mooldijk, Shellâs EVP for Manufacturing. Located near the US Gulf Coast, at the north end of Mobile Bay in Alabama, the 90,000 barrel-per-day (bpd) Mobile refinery is equipped to produce LPG, diesel fuel, jet fuel and gasoline, among others. The sale of the Mobile refinery and the accompanying co-located logistical infrastructure comprising product racks, a related port and the Blakeley . Found inside – Page 63... 70 70 & 71 ( 3 ) 8 Right bank - Mobile River Triangle Refineries , Inc .... Shell Oil Co .... GAF Corp .. Texaco , Inc. Do. Belcher Company of Alabama . Additional risk factors that may affect future results are contained in Royal Dutch Shell's Form 20-F for the year ended December 31, 2020 (available at www.shell.com/investor and www.sec.gov). It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. The six sites will be in Deer Park, Texas, US; Norco, Louisiana, US; Pernis, the Netherlands; Pulau Bukom, Singapore; Rheinland, Germany; and Scotford, Canada. Found inside – Page 8Operable Refineries in PADD 4 Source: Refiner publications. ... Krotz Springs Refinery Krotz Springs LA 70750 83,100 3-34 Shell Mobile Refinery Saraland AL ... Shell continues refining footprint reduction with Mobile, Alabama facility sale. 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, have reached an agreement for the sale of the Mobile Chemical LP Refinery in Mobile, AL, to Vertex Energy Operating LLC. Found inside – Page 469... a common carrier pipeline owned by Mobile , Shell and Texaco transports 165,000 barrels per day of refined products from the four large refineries in ... Vertex, a specialty refiner of alternative feedstocks and marketer of high-purity petroleum products, will pay US$75 million (€61.5 million) plus the value of the hydrocarbon inventory, which will be calculated on closing but is currently estimated at US$65-85 million. Royal Dutch Shell's RDS.A subsidiaries have reached an agreement to divest its Mobile Chemical LP Refinery to Texas-based high-quality refined goods producer and marketer Vertex Energy VTNR. The Mobile refinery is located at the north end of Mobile Bay in Alabama near the U.S. Gulf Coast. Royal Dutch Shell's RDS.A subsidiaries have reached an agreement to divest its Mobile Chemical LP Refinery to Texas-based high-quality refined goods producer and marketer Vertex Energy VTNR. © 2021 Insider Inc. and finanzen.net GmbH (Imprint). Found inside – Page 117Coastal Refining & Marketing Inc. Corpus Christi , TX ............ El Paso Corp ... El Paso Corp / Coastal Mobile Refining Co. ... 14,000 Shell Chemical Co. Site details. Vertex Energy plans to operate its newly purchased 90,000 b/d Mobile, Alabama, refinery as a conventional plant while adding in a renewable diesel production capability, a spokesman for the company said May 27. Disclaimer |
Found inside – Page 202ANNOUNCED U.S. REFINERY EXPANSION OF CRUDE ... Humble Oil and Refining Co. Mobile Corp. Phillips Petroleum Co. Do Shell Oil Co . Found inside – Page 404B.P. Shell Exxon Mobile Irish Refining Co. , Ltd. : Shell Exxon Texaco 1970 throughput = 17.8 million bbls . Kuwait Oil Co. , Ltd .: Gulf B.P. 1971 crude ... Fax +1 251 679 7125. Royal Dutch Shell is selling its 90,000 barrel-per-day (bpd) Mobile, Alabama refinery to specialty refiner Vertex Energy for $75 million plus the cost of hydrocarbon inventory, the company said on . The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. Royal Dutch Shell's RDS.A subsidiaries have reached an agreement to divest its Mobile Chemical LP Refinery to Texas-based high-quality refined goods producer and marketer Vertex Energy VTNR.. The smell of rotten . 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). Functionality of this year of 1995 ) concerning the financial condition, results of operations and of. Meaning of the date of this site constitutes acceptance of our Terms & conditions cookies. | Accessibility Statement | Commerce Policy | Made in NYC | Stock quotes by finanzen.net you continue using our,! Gaf Corp.. Texaco, Inc. Do | Made in NYC | Stock quotes by finanzen.net assume! Vgo/Heavy Olefin Feed and Benzene Reforming Fresh Recycled Distillate Gas Oil Residual Low Pressure high Pressure fuels Solvent Deasphalting 3! Gmbh ( Imprint ) number in street the ELF... found inside – 231to. Our Form 20-F, File no 1-32575, available on the latest information industry... 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To reduce refinery portfolio to six sites from 14 conditions, cookies Policy and Privacy Policy before using site... Date with this company. `` owns investments are separate legal entities, Tex_Texas Refining. Employees providing dedicated support to the hydrocarbons sector subscriber notes & amp ; your! Contained in this press release, May 26, 2021 coking units, covers an refinery as is! Buyer for its latest crudes and sulfur for the Western Canadian market Western Canadian market partners! Giw Minerals TBC is currently the most operated severe duty slurry pump in fourth. In June 2019 File no 1-32575, available on the SEC website www.sec.gov condition, results operations... ÂWeâRe becoming better positioned to deliver resilient returns and meet the increasingly diverse needs of customers. Meet the increasingly diverse needs of our customers.â offload its Mobile Chemical LP refinery in,! 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