Latest Blue Dolphin Energy Company Stories

HOUSTON, April 5, 2013 /PRNewswire/ -- Blue Dolphin Energy Company ("Blue Dolphin," "we" and "our") announced financial results for the quarter and year ended December 31, 2012. For the year ended December 31, 2012, we reported a net loss of $18,284,632 (which includes $13,879,311 in non-cash charges related to impairment and discontinued operations as described below), or a loss of $1.78 per fully diluted share, on record total revenue from operations of $352,094,714 compared to a...

HOUSTON, March 7, 2013 /PRNewswire/ -- Blue Dolphin Energy Company (OTCQX: BDCO) ("Blue Dolphin" or the "Company"), today announced that its wholly-owned subsidiary, Blue Dolphin Exploration Company ("BDEX") completed the disposal of its seven percent (7%) undivided working interest in the North Sumatra Basin - Langsa Field offshore Indonesia (the "Indonesian Interest"). The Indonesian Interest was acquired by Blue Sky Langsa, Limited ("Blue Sky"), the lease operator, pursuant to a...

HOUSTON, Feb. 4, 2013 /PRNewswire/ -- Blue Dolphin Energy Company (OTCQX: BDCO) ("Blue Dolphin" or the "Company"), today announced that its Board of Directors (the "Board") has formed a special committee comprised of three independent directors to conduct a strategic review of the feasibility of optimizing value for stockholders by converting Blue Dolphin from a publicly traded corporation to a publicly traded master limited partnership. The special committee, upon completion of its...

HOUSTON, Nov. 16, 2012 /PRNewswire/ -- Blue Dolphin Energy Company ("Blue Dolphin") announced condensed consolidated financial results for the three and nine months ended September 30, 2012. Blue Dolphin's primary asset is a crude oil processing facility located in Nixon, Texas (the "Nixon Facility"), which began operations on a reduced basis in February 2012. The Nixon Facility operated for a total of 90 days for the three months ended September 30, 2012 and for a total of 238...

HOUSTON, Nov. 13, 2012 /PRNewswire/ -- Blue Dolphin Energy Company (OTCQB: BDCO) ("Blue Dolphin"), primarily an independent refiner and marketer of petroleum products, today announced the appointment of Christopher T. Morris to Blue Dolphin's Board of Directors to fill the Board seat vacated by a departing director. Mr. Morris has served as the President of MPact Partners, an advisory firm that provides strategic, operational and financial advice to private sector and government...

HOUSTON, April 4, 2012 /PRNewswire/ -- Blue Dolphin Energy Company ("Blue Dolphin") today announced financial results for the three and twelve month periods ended December 31, 2011. Fourth Quarter 2011 Compared to Fourth Quarter 2010For the three months ended December 31, 2011, Blue Dolphin reported a net loss of $1,059,577 compared to a net loss of $58,122 for the three months ended December 31, 2010. Total revenue for the same comparative period was $441,059 compared to...

HOUSTON, March 1, 2012 /PRNewswire/ -- Blue Dolphin Energy Company (the "Company") announced today that Thomas J. McReynolds, Jr., the Company's Senior Vice President and Chief Financial Officer, has resigned from his positions with the Company, effective February 29, 2012. Mr. McReynolds joined the Company in January of 2012 in preparation for the Company's purchase of Lazarus Energy, LLC from Lazarus Energy Holdings, LLC ("LEH"). Tommy Byrd, who has served as the Chief Financial...

NEW YORK, Feb. 28, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, announced that Blue Dolphin Energy Company ("Blue Dolphin) (OTCQX: BDCO), an independent oil and gas company, began trading today on the OTC Markets' highest tier, OTCQX® U.S. Premier. (Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO ) OTCQX U.S. Premier is designed to identify...

HOUSTON, Feb. 27, 2012 /PRNewswire/ -- Blue Dolphin Energy Company (the "Company") today announced that the Company's common stock will begin trading on the OTCQX tier of the OTC Markets commencing on Tuesday, February 28, 2012. The Company has been advised that its shares will trade under its current symbol, "BDCO". Investors will be able to view real-time stock quotes for "BDCO" at http://www.otcmarkets.com. On February 24, 2012, the Company received notification that the NASDAQ...

HOUSTON, Feb. 21, 2012 /PRNewswire/ -- Blue Dolphin Energy Company (Nasdaq:BDCO) ("Blue Dolphin"), an independent oil and gas company, today announced that it has closed its previously announced acquisition of Lazarus Energy, LLC (the "Acquisition"). Lazarus Energy's primary asset is the 56-acre Nixon Crude Oil Processing Facility located near Nixon, Texas. As consideration, on February 15, 2012, Blue Dolphin issued 8,393,560 shares of common stock, par value $0.01 per share...