Shell completes sale of Mobile refinery in Alabama to Vertex Energy
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. A further amount of USD $165 million was received for the value attributed to the hydrocarbon inventory at the time of closing.
Refining Operations - Vertex
Located near the border of Mobile and Saraland, Alabama, the refinery is proud to operate as a vital contributor to the local economy and surrounding communities.
Shell sells Alabama refinery to Vertex Energy | About Us
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 crude oil and products that include LPG, diesel fuel, jet fuel and gasoline.
Vertex Soars After a $75 Million Deal To Buy Shell’s Alabama Refinery
May 27, 2021 · Vertex Energy (NASDAQ:VTNR) shares soared 125% in Thursday’s premarket as the specialty refiner sealed a $75 million deal to a refinery in Alabama from Royal Dutch Shell (NYSE:RDSa).
Shell sells Mobile Chemical LP Refinery to Vertex Energy
May 27, 2021 · The Mobile Chemical LP Refinery in Saraland has been sold to Vertex Energy out of Texas for $75 million. The complex is located at the northern end of Mobile Bay and is designed to produce 90,000...
Al Shell - President - SHELL FINANCIAL SERVICES - LinkedIn
View Al Shell’s profile on LinkedIn, a professional community of 1 billion members. President at SHELL FINANCIAL SERVICES · Experience: SHELL FINANCIAL SERVICES · Education: University of...
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Vertex Energy To Acquire Alabama Refinery and Related Logistics …
May 26, 2021 · Transformational acquisition of flagship refining asset and marine terminal. Vertex will become the sole owner and operator of the Mobile refinery upon closing.
Shell selling Alabama refinery to Texas-based Vertex Energy for …
May 27, 2021 · 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 million.
Shell Oil sells Alabama refinery to Vertex for $75 million
May 28, 2021 · 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 million.
Vertex Energy to acquire Mobile, Ala. refinery from Shell and …
Jun 3, 2021 · Vertex Energy, Inc. (Houston), a leading specialty refiner and marketer of high-quality refined products, 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 Products US, Shell Oil Company and Shell Chemical LP (“Shell ...
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