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All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. No truck nuts. Shell puts on this amazing event which brings our community together and helps raise close to $50,000 a year to support Anacortes students.. Funds raised during last year's 6th Annual (but first ever virtual) event supported COVID Relief Grants in all . There are a number of factors that could affect the future operations of Royal Dutch 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 Shell's 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, 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. At the start of February, Shell finalised the sale of its Martinez refinery in southern California to PBF Energy for $1.2billion. We Are Puget Sound amplifies the voices and ideas behind saving Puget Sound, and it will help engage and inspire citizens around the region to join together to preserve its ecosystem and the livelihoods that depend on it. On the West Coast, two refineries are potentially for sale: Shell was recently reported to be seeking a buyer for its 145-Mb/d Puget Sound refinery in Anacortes, WA (blue rectangle and dot in left map), just north of Seattle. Shell said it failed to find a buyer for the 211,000-barrel-per-day refinery after announcing plans to sell it in July. The sale would be part of a divestment program announced by the Anglo-Dutch supermajor. HollyFrontier estimated the inventory will cost between $150 million and $180 million. The transaction is expected to close in the fourth quarter of 2021, subject to regulatory clearance, Shell said. Shell's off-site logistics assets are excluded from the sale. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as "joint ventures" and "joint operations", respectively. HollyFrontier estimated the inventory will cost between $150 million and $180 million. On May 4, Shell disclosed plans to sell its 149,000-bpd Puget Sound refinery in Anacortes, Washington, to U.S. refiner HollyFrontier. Over the last three years, employees gave nearly 14,000 hours of volunteer service. Trading and investing carries a high risk of losing money rapidly due to leverage. by notiger1997. Visit our page often to learn about our. Royal Dutch Shell (NYSE: RDS-A, RDS-B) in May sold its 50% . The company also sold its chemical refinery in Mobile, Alabama. Will Iron-Air batteries REALLY change things? Found inside – Page 27S.W. , Seattle 98134 ; FAX (206)623-4006 Shell Anacortes Refining Company - March Point (360)293-9119 P.O. Box 700 , Anacortes 98221 ; FAX (360)293-9190 Sale to Tesoro Petroleum Corporation pending federal & state approval Sound ... Buyers, however, are difficult to find for a number of reasons. Shell has been trying to sell its 145,000 barrel-per-day (bpd) Puget Sound refinery in Anacortes, Washington, for at least a year. Cision Distribution 888-776-0942 These high-value energy and chemical parks will produce more low-carbon fuels and speciality chemicals for our customers. Equilon Enterprises LLC d/b/a Shell Oil Products U.S. (Shell), a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Puget Sound Refinery near Anacortes, Washington to a subsidiary of HollyFrontier Corporation, an independent refiner headquartered in Texas (HollyFrontier), for USD 350 million in cash plus the value of the hydrocarbon inventory. Tuesday, March 10, 2020. The deal, with independent refiner PBF Energy Inc, will see the supermajor get up to $1 billion. Royal Dutch Shell (NYSE: RDS-A, RDS-B) in May sold its 50% . With the news that Royal Dutch Shell is looking to unload its Anacortes, Washington, facility, there are seven different US refineries on the block now, accounting for about 5% of US crude oil processing capacity. 74-89% of retail investor accounts lose money. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. The Bureau of Labor Statistics (BLS) lists refinery operators under the general category of petroleum pump system operators, refinery operators, and gaugers, and reports a median annual salary of $68,190, which is equivalent to an hourly rate of $32.78. Found insideThis second edition includes color photos and nautical chart segments throughout, as well as: Approaches and anchorages for hundreds of bays, harbors, and inlets—many with annotated charts Weather, tides, currents, and commercial traffic ... In a Facebook post yesterday, the local refinery stated: "Dear Friends: Today the site was informed Shell is divesting the Shell Puget Sound Refinery and selling the asset to HollyFrontier, pending regulatory approval. Found inside – Page 5560In late 1995 , Shell Oil sold its interest in certain high Park were completed . ... Pemex will purchase 50 percent of the fuels refinery Shell Anacortes Refining Company P. G. Turberville , V.P. , Fin . facilities and join with Co. in ... The company is holding talks with a potential buyer on the sale. Reuters reported in January 2020 that the refinery was for sale. The US independent refiner will expand to the west coast with the $350mn purchase, plus the cost of inventory. . Tweet All three sales are to close in the fourth quarter of 2021. Shell thanks the Anacortes community for being great neighbors over the past several decades, as well as our numerous community . AMERICAS: Shell finalises sale of Martinez refinery to PBF The partnership split in 2017 with Shell keeping the Norco and Convent refineries in Louisiana. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. ) refinery in the U.S. Pacific Northwest, three people familiar with the matter said on Friday. Shell has been trying to sell its Puget Sound refinery in Anacortes, Washington, for at least a year. "HollyFrontier is a strong operator and we believe they will continue the refinery's legacy of prioritizing safety, environmental performance and care for people at the site and within the community.". Found inside – Page 75-2Consumption byproduct from petroleum refining , natural gas processing ... the Federal Trade Commission ( FTC ) , Shell sold its Anacortes , WA , refinery . All three sales are to close in the fourth quarter of 2021. Merchant of Record: A Media Solutions trading as Oilprice.com, That email address is already in the database. Found inside – Page 168Plaintiffs cite Shell's exchange agreements for deliveries of product to Shell in Northern California , where Shell already has a refinery . However , as discussed above , Shell has refineries in Northern California and Anacortes ...

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