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 Vertex Energy, Inc. VTNR, 
 a refiner and marketer of high-quality specialty hydrocarbon products, 
 announced that The Abu Dhabi National Oil Company (ADNOC) announced this 
 week that it has signed an exclusive agreement with Penthol, a global 
 organization in the supply and distribution of oil products and 
 petrochemicals, appointing them as exclusive seller of their Group III 
 base oils into the United States of America (USA).
 
 
 In line with its strategy to maximize value from its refining and 
 petrochemical business, ADNOC produces up to 500,000 metric tonnes per 
 year of high quality Group III base oils through the Abu Dhabi Oil 
 Refining Company (Takreer), an ADNOC Group Company. Group III base oils 
 are typically used to manufacture top tier, high performance, engine 
 oils.
 
 
 Vertex Energy, Inc, VTNR a refiner and marketer of high-quality 
 specialty hydrocarbon products, announced last year, that it had entered 
 into an agreement with Penthol to act as Penthol's exclusive agent to 
 market these new high quality base oils for the United States (U.S.).
 
 
 In the past year, Vertex has taken on the responsibilities, in 
 cooperation with Penthol LLC (A Penthol subsidiary in the United 
 States), for Sales, Marketing, Technical Support, and Supply Chain for 
 the U.S. Market. The two companies are currently offering High VI Group 
 III base oils in 4 cSt, 6 cSt and 8 cSt viscosities under the 
 Vertex-Penthol name of "AD Base" Base Oils.
 
 
 Benjamin P. Cowart, Chairman and CEO of Vertex Energy, stated, "We are 
 very pleased as Vertex-Penthol to finalize this exclusivity agreement 
 between Penthol and ADNOC. This completes the alignment between Vertex 
 and Penthol, where Vertex, on behalf of Penthol, is responsible for the 
 Technical Support, Sales, and Distribution of AD Base products here in 
 the United States."
 
 
 Faruk Erkoc, Chairman of Penthol LLC, said, &#34;We are very excited to work 
 with Vertex as our exclusive agent. Their Group II Base Oil sales and 
 logistical infrastructure fits perfectly with our long-term commitment 
 to deliver high quality AD Base Group III Base Oils to our customers 
 throughout the United States.&#34;
 
 
 Today's announcement strengthens Vertex-Penthol's commitment to 
 providing their customers maximum Value with Consistent High Quality, 
 High VI Group III Base Oils as well as Security of Supply for the United 
 States.
 
 
 ABOUT VERTEX ENERGY, INC.
 
 
 Vertex Energy, Inc. (VTNR) is a specialty refiner and marketer of 
 high-quality hydrocarbon products. Our business divisions include 
 aggregation and transportation of refinery feedstocks such as used motor 
 oil and other petroleum and chemical co-products to produce and 
 commercialize a broad range of high purity intermediate and finished 
 products such as fuel oils, marine grade distillates and high purity 
 base oils used for lubrication. Vertex operates on a regional model with 
 strategic hubs located in key geographic areas in the United States. 
 With its headquarters in Houston, Texas, Vertex Energy&#39;s processing 
 operations are located in Houston and Port Arthur (TX), Marrero (LA), 
 and Columbus (OH). For more information on Vertex Energy please contact 
 Porter, LeVay &amp; Rose, Inc.&#39;s investor relations representative Marlon 
 Nurse, D.M. at 212-564-4700 or visit our website at <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.vertexenergy.com&amp;esheet=51562805&amp;newsitemid=20170522005329&amp;lan=en-US&amp;anchor=www.vertexenergy.com&amp;index=2&amp;md5=a38150157090bcdb076c67f6b9766b35" rel="nofollow" rel="nofollow">www.vertexenergy.com</a>.
 
 
 Forward-Looking Statements
 
 
 This press release may contain forward-looking statements, including 
 information about management's view of Vertex Energy's future 
 expectations, plans and prospects, within the safe harbor provisions 
 under The Private Securities Litigation Reform Act of 1995 (the "Act"). 
 In particular, when used in the preceding discussion, the words 
 "believes," "hopes," "expects," "intends," "plans," "anticipates," or 
 "may," and similar conditional expressions are intended to identify 
 forward-looking statements within the meaning of the Act, and are 
 subject to the safe harbor created by the Act. Any statements made in 
 this news release other than those of historical fact, about an action, 
 event or development, are forward-looking statements. These statements 
 involve known and unknown risks, uncertainties and other factors, which 
 may cause the results of Vertex Energy, its divisions and concepts to be 
 materially different than those expressed or implied in such statements. 
 These risk factors and others are included from time to time in 
 documents Vertex Energy files with the Securities and Exchange 
 Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and 
 Form 8-Ks. Other unknown or unpredictable factors also could have 
 material adverse effects on Vertex Energy's future results. The 
 forward-looking statements included in this press release are made only 
 as of the date hereof. Vertex Energy cannot guarantee future results, 
 levels of activity, performance or achievements. Accordingly, you should 
 not place undue reliance on these forward-looking statements. Finally, 
 Vertex Energy undertakes no obligation to update these statements after 
 the date of this release, except as required by law, and also takes no 
 obligation to update or correct information prepared by third parties 
 that are not paid for by Vertex Energy.
 
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ADNOC Signs Exclusive Agreement With Penthol for Group III Base Oil Sales Into the United States of America Through the Vertex-Penthol Partnership - Vertex Energy (NASDAQ:VTNR)

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