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Shell to sell refinery in Mobile, Alabama, to Vertex Energy - Houston Business Journal

Shell to sell refinery in Mobile, Alabama, to Vertex Energy - Houston Business Journal
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ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 UNAUDITED RESULTS

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 UNAUDITED RESULTS
Shell International B.V.April 29, 2021 GMT

Note 2

D

1. Q1 on Q4 change.
2. Adjusted Earnings is defined as income/(loss) attributable to shareholders plus cost of supplies adjustment (see Note 2) and excluding identified items (see Reference A).

First quarter 2021 income attributable to Royal Dutch Shell plc shareholders was $5.7 billion, which included net gains on sale of assets of $1.4 billion and gains of $0.4 billion due to the fair value accounting of commodity derivatives, partly offset by redundancy and restructuring charges of $0.5 billion, mainly related to the restructuring plan named Reshape. ....

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Royal Dutch Shell plc Royal Dutch Shell Plc First -2-

Provided by
Dow Jones
Apr 29, 2021 6:15 AM UTC
primarily driven by Adjusted Earnings before non-cash expenses including
depreciation, as well as favourable commodity derivatives impacts of
$867 million. This was partly offset by negative working capital
movements of $1,162 million.
Compared with the fourth quarter 2020, Integrated Gas Adjusted Earnings
primarily reflected higher realised prices for oil and LNG, partly
offset by higher operating expenses related to credit provisions.
Compared with the fourth quarter 2020, total oil and gas production
increased by 3% mainly due to the restart of production at the Prelude
floating LNG operations in Australia. LNG liquefaction volumes decreased
by 1% due to cargo timing, partly offset by the restart of production at ....

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ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 UNAUDITED RESULTS

ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 UNAUDITED RESULTS
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Royal Dutch Shell plc Royal Dutch Shell Plc 4th -3-

Provided by
Dow Jones
Feb 4, 2021 7:16 AM UTC
longer included in sales volumes (see Note 2). Excluding this impact,
Oil Products sales volumes decreased due to the impact of COVID-19 with
lower Refining & Trading and Marketing sales volumes, compared with the
fourth quarter 2019.
Refining & Trading Adjusted Earnings reflected lower realised refining
margins, and lower contributions from trading and optimisation. This was
partly offset by favourable deferred tax movements and lower operating
expenses, compared with the fourth quarter 2019.
Marketing Adjusted Earnings reflected lower marketing sales volumes
and unfavourable deferred tax movements, partly offset by strong retail
and global commercial margins, and lower operating expenses, compared ....

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