Convent is the fourth U.S. refinery that Shell is looking to unload in a little more than a year's time. Alcmene tried to buy Shell's 37.5% share in Schwedt last year but this was pre-empted by Rosneft which sought to increase its holding above its 54% stake, a deal that was put on hold this year by . 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. Shell is a global group of energy and petrochemical companies. 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 . The refinery is designed to process approximately 90,000 barrels per day of . Shares of Vertex Energy Inc. ( VTNR) - Get Vertex Energy, Inc. Report more than doubled after the specialty refiner agreed to purchase a Mobile, Ala., refinery from Royal Dutch Shell undefined . The . Shell, which operates the Deer Park refinery, is selling its stake in part to satisfy investors concerned about climate change who want the oil giant to invest more in renewable energy and hydrogen. The Mobile Chemical LP Refinery in Saraland has been sold to Vertex Energy out of Texas for $75 million.. It paid $4.1 billion for oil and gas producer Noble Energy last year and three years ago bought a 112,229-bpd Texas refinery for about $350 million. The Mobile refinery, which is 100 percent Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. Equilon Enterprises LLC d/b/a Shell Oil Products US has completed the sale of its Chemical LP Refinery in Mobile, Alabama, to specialty refiner Vertex Energy for $75 million in cash, plus approximately $25 million related to specified capital expenditures and other closing adjustments. Published. Shell puts 2 U.S. refineries up for sale. The oil major Shell plc's (SHEL Quick Quote SHEL - Free Report) subsidiaries concluded the sale of the company's 91,000-barrels per day refinery in Mobile, AL to a subsidiary of the Houston . The Mobile refinery is wholly owned by Shell, located near the US Gulf Coast, at the north end of Mobile Bay in Alabama. Shell Deer Park is a 1,500-acre complex located in Deer Park, Texas, approximately 20 miles east of downtown Houston. The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. All three sales are to close in the fourth quarter of 2021. May 27, 2021: Equilon Enterprises, Shell Oil Products US, Shell Oil Company and Shell Chemical, Royal Dutch Shell subsidiaries, on Wednesday said they have reached an agreement to sell the Mobile . The six sites will be in Deer Park, Texas, US; Norco, Louisiana, US; Pernis, the Netherlands; Pulau Bukom, Singapore; Rheinland, Germany; and Scotford, Canada. Today, NCRA consists of an 85,000 barrels-per-day refinery, along with offsite storage at Conway, Kan., 1,500 miles of crude oil and refined products pipeline, and a terminal in Council Bluffs, Iowa. SARALAND, Ala. (WKRG) — Shell Oil company says it's selling one of it's local refineries. The hydrocarbon inventory will be valued on closing of the deal. On the other hand, the Mobile refinery was a 100% owned by Shell. Royal Dutch Shell has agreed to divest its Puget Sound Refinery in the US to refiner HollyFrontier. Shell Oil Co. to sell Deer Park refinery stake to Pemex for $596M. Notes to editors 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 refinery produces various types of gasoline, fuel oil, diesel fuel, propane, jet fuel, butane, and petroleum coke. The . Shell Nigeria is the common name for Shell plc's Nigerian operations carried out through four subsidiaries—primarily Shell Petroleum Development Company of Nigeria Limited (SPDC). The Puget Sound refinery sits on March Point, near Anacortes in Washington. Norteamerica, S.A. De C.V. (a subsidiary of Petroleos Mexicanos, or Pemex). On April 1, 2022, Shell has completed the sale of its Chemical LP Refinery in Mobile, Alabama, to Vertex Energy Operating LLC (Vertex Energy), for $75 million in cash plus the value of the hydrocarbon inventory and other closing adjustments and accrued liabilities. For the Houston area, energy transition in 2022 will come when Shell . A Shell spokesman did not reply to a request for comment. This mobile refinery is generating 90,000 barrels-per-day (bpd). THE HAGUE, Netherlands, May 24, 2021 /PRNewswire/ -- Shell Oil Company, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its interest in Deer Park Refining Limited . A further amount of USD $165 million was. 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. Removing Ocean based oil-rigs is complex as it is expensive. 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 . The final amount for the hydrocarbon inventory will depend on . May 26 (Reuters) - Royal Dutch Shell . dallas-based hollyfrontier corp. (nyse: hfc) announced nov. 1 that it completed the acquisition of shell's puget sound refinery for $613.6 million, including the base cash purchase price of $350. 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 . David J. Phillip, STF / AP. The company also sold its chemical refinery in 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. The 91,000 barrel-per-day (bpd) Mobile refinery is a strategically located asset, one capable of sourcing a flexible mix of cost-advantaged light-sweet domestic and international feedstocks. Other equity-accounted investments are only included where explicitly stated. The 370 ha refinery was purchased by Shell in August 1996, the original . May 26, 2021 6:30PM EDT. At closing, Vertex acquired approximately $165 . 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 skinny. Vertex said on April 1 it had completed the purchase of Shell Oil's 87,500 b/d refinery in Mobile, Alabama, as it moves forward with plans to complete the conversion of the hydrocracker to produce renewable diesel. Customer Portal The Shell Chemicals Customer Portal is a secure website that makes it easy for our customers around the world to do business with us online. The Mobile refinery has the option to run as a stand-alone refinery and is also capable of producing base oils and chemicals feedstock. It produces LPG,. A further amount of USD $165 million was received for the value attributed to the hydrocarbon inventory at the time of closing. The Shell Answer Man was a series of television advertisements from the 1960s through the 1990s sponsored by Royal Dutch Shell in which answers were provided to common questions from the public about driving, with advice on vehicle maintenance, repair and safety, as well as guidance to users of home heating oil.Companion booklets, a series titled the Shell Answer Books, were inserted into . Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell USA, Inc., and Shell Chemical LP, subsidiaries of Shell plc, has completed the sale of its Chemical LP Refinery in Mobile, Alabama, to Vertex Energy Operating LLC (Vertex Energy), for $75 million in cash plus the value of the hydrocarbon inventory and other closing adjustments and accrued liabilities. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. May 4, 2021, 3:22 PM PDT Corrected May 5, 2021, 6:19 AM PDT. Shell's subsidiary, Equilon Enterprises LLC, has $1.18 billion in total taxable value in St. James Parish and paid $18.8 million for the refinery in 2019, tax assessor records show. Vertex Energy (VTNR -4.3%) said Friday it completed the previously announced acquisition of Shell's (SHEL +0.7%) 91K bbl/day Mobile, Alabama, refinery for a base purchase price of $75M plus the. The oil major Shell plc's (SHEL Quick Quote SHEL - Free Report) subsidiaries concluded the sale of the company's 91,000-barrels per day refinery in Mobile, AL to a subsidiary of the Houston . Learn more about Shell on our global website. HOUSTON (ICIS)-Shell plans to reduce its refinery portfolio to six sites from 14 by 2025, the company said on Thursday. The facility is located along the United States Gulf Coast at the north end of Mobile Bay in Alabama. Force For Good - St Vincent's Mobile Healthcare; Force for Good - Truckers Against Trafficking; Force for Good - Boys and Girls Club; . Houston-based Vertex Energy Inc. (Nasdaq: VTNR) has agreed to buy a refinery in Mobile, Alabama, from a subsidiary of the Netherlands-based Royal Dutch Shell PLC (NYSE: RDS-A, RDS-B . For some countries, the refinery list is further categorized state-by-state. Royal Dutch Shell Plc reached an agreement to sell its Puget Sound Refinery to HollyFrontier Corp. for $350 million in the latest major . The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. Furthermore, those products may include LPG, diesel fuel; also, jet fuel and gasoline. That is why one of the world's largest Petroleum corporations has decided an innovation was long overdue. Shell Oil Company, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its interest in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and P.M.I. Alcmene tried to buy Shell's 37.5% share in Schwedt last year but this was pre-empted by Rosneft which sought to increase its holding above its 54% stake, a deal that was put on hold this year by . HOUSTON, TX / ACCESSWIRE / September 22, 2021 / Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex Energy", "Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today provided an update on the proposed acquisition of the Mobile refinery ("Mobile") located in Mobile, Alabama from Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and . The Mobile refinery, 100% Shell owned, is located near the U.S. Gulf Coast, at the north end of Mobile Bay in Alabama. The refinery is designed to process approximately 90,000 barrels per day of. The list appears in one of their December issues. The oil major Shell plc 's SHEL subsidiaries concluded the sale of the company's 91,000-barrels per day refinery in Mobile, AL to a subsidiary of the Houston, TX-based high-quality refined . Mobile lies near the US Gulf Coast at the north end of Mobile Bay in Alabama. The transaction will transfer Shell's interest in the partnership, and therefore full ownership of the . The projected size of the ship is nothing short of staggering. 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. In May, Shell announced the sales of its Anacortes, Washington, refinery as well as the controlling interest in the joint-venture Deer Park, Texas, refinery. Shell has . 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. Invoicing options Paperless invoicing enables Shell chemicals company customers to receive their invoices via email rather than in a printed, paper format. The oil major Shell plc's SHEL subsidiaries concluded the sale of the company's 91,000-barrels per day refinery in Mobile, AL to a subsidiary of the Houston, TX-based . SHELL INTEREST BY REFINING LOCATION AND CAPACITY DATA [A] (AT DECEMBER 31, 2011 . The crude oil capacity of the Mobile Refinery is 90,000 barrels per day. t he oil major shell plc's shel subsidiaries concluded the sale of the company's 91,000-barrels per day refinery in mobile, al to a subsidiary of the houston, tx-based high-quality refined goods. 6, 2022, 11:03 AM. Print. It is located near the Gulf Coast; specifically, at the north end of Mobile Bay in Alabama. The refineries are Mobile located in Alabama, and Puget Sound near Anacortes, Washington, US. Chevron has been an active acquirer. A U.S. subsidiary of Royal Dutch Shell has put two refineries up for sale in Mobile, Alabama, and in the Puget Sound area near Anacortes, Washington. Shell Mobile Refinery - Largest Boat in the World. The deal consideration includes $75m along with the cost of the hydrocarbon inventory. 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 plus the cost of hydrocarbon. 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. Royal Dutch Shell's joint ventures account for more than 21% of Nigeria's total petroleum production (629,000 barrels per day (100,000 m 3 /d) (bpd) in 2009) from more than eighty fields. It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. The six sites will be in Deer Park, Texas, US; Norco, Louisiana, US; Pernis, the Netherlands; Pulau Bukom, Singapore; Rheinland, Germany; and Scotford, Canada. 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. Equilon Enterprises, doing business as Shell Oil Products US, will proceed with the sale of two of its refineries 'Mobile' and 'Puget Sound'. Shell Convent Refinery; Shell New Energies Junction City, Biomethane Facility; Shell Downstream Bovarius, Biomethane Facility (Wendell, Idaho) The Mobile refinery reportedly has a . It has a capacity of 90,000 barrels per day of crude oil and other subproducts. HollyFrontier will purchase the refinery, the on-site cogeneration facility, as well as related logistics assets, for $350m in cash plus the value of the hydrocarbon inventory. Shell sees the six sites as operating as what it called energy . US company Vertex Energy has bought Shell's 90,000 bpd Mobile Chemical LP Refinery in Alabama, US. As part of its Powering Progress strategy, Shell is transforming its refineries (which numbered 14 in October 2020) into five energy and chemicals parks. The oil major Shell plc's SHEL subsidiaries concluded the sale of the company's 91,000-barrels per day refinery in Mobile, AL to a subsidiary of the Houston, TX-based high-quality refined . A U . Shell aims to reduce the production of traditional fuels by 55% by 2030 and provide more low-carbon fuels such as biofuels for road transport and aviation, and hydrogen. A further amount of USD $165 million was received for the value attributed to the hydrocarbon inventory at the time of closing. A further amount of USD $165 million was . HOUSTON (ICIS)-Shell plans to reduce its refinery portfolio to six sites from 14 by 2025, the company said on Thursday. 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. Apr. In the US, Southwest Iowa Renewable Energy (SIRE) has repurchased Bunge North America (Bunge) ownership stake in SIRE and its ethanol plant. In general, Shell has explained its refinery divestiture . This is a list of oil refineries. Shell Oil Co., a Houston-based subsidiary of the Netherlands-based Royal Dutch Shell PLC (NYSE: RDS-A, RDS-B), announced May 24 . In June 2019, Shell announced the sale of its Martinez, CA, refinery to PBF Energy, and in March of this year, Shell put its Mobile, AL, and Puget Sound, WA, refineries on the block. The refinery is designed to process approximately 90,000 . How To Use The Map : Discuss Issues About Shell Refineries : Blue Dots = Oil & Gas Health or Safety Issue Reported Colored Dots = Refineries, Power Plants, Renewables , Oil & Gas Drilling Add pin, enter address or street, describe health issue(s) The tables below reflect Shell subsidiaries, the 50% Shell interest in Motiva in the USA and instances where Shell owns the crude or feedstock processed by a refinery. Refining locations. 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 Mobile refinery is located at the north end of Mobile Bay in Alabama near the U.S. Gulf Coast. The Deer Park refinery is set to come under the control of the Mexican national oil company Pemex. Royal Dutch Shell is selling its Mobile, Alabama refinery to Vertex Energy for $75 million, the company said on Wednesday. Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. 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 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. Jun 2 2011. (Credit: Pixabay/SatyaPrem) Equilon Enterprises, doing business as Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell, is seeking buyers to sell two of its refineries in the US. Dallas-based HollyFrontier Corp. announced Tuesday it has entered an agreement to acquire Shell Puget Sound Refinery on March Point from Shell Oil Products U.S. for $350 million, plus the refinery's Shell Downstream Galloway, Biomethane Facility (Plains, Kansas) Shell is constructing a dairy manure to renewable natural gas (RNG) facility to be co-located at the High Plains Ponderosa Dairy in Plains, Kansas. Shell to sell Mobile and Puget Sound refineries in US. Shell sees the six sites as operating as what it called energy . Take a look what Shell has in the works. 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. 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