Blue Dolphin considers option to buy Ingleside, Tex., refinery

By OGJ editors

Houston independent Blue Dolphin Energy Co. bought a 180-day option to acquire an idled refinery in Ingleside, Tex., from a unit of Lazarus Energy Holdings LLC (LEH).

Lazarus Texas Refinery I LLC currently owns the refinery, which has operated intermittently since 1980.

The Ingleside refinery had a capacity of 40,000 b/d when in operation. It has access to the Gulf Intracoastal Waterway at Redfish Bay near Corpus Christi, Tex.

If Blue Dolphin exercises its purchase option, the refinery will require refurbishing and recommissioning, Blue Dolphin said.

Blue Dolphin also owns the Nixon refinery in Nixon, Tex., in Wilson County. The Nixon refinery processes 10,000 b/d of light crude oil from the Eagle Ford Shale play.

Related Articles

Judge bars Anadarko e-mails as evidence in Macondo blowout hearing

03/21/2014 A federal district judge in New Orleans refused to accept e-mails between Anadarko Petroleum Corp. and BP PLC as evidence in a hearing to determine...

Industry group welcomes most UK budget moves

03/21/2014 Oil & Gas UK voiced support for all but one of several measures affecting the offshore producing industry announced in the UK government’s annu...

MARKET WATCH: Crude oil, gas futures prices slide entering spring

03/21/2014

The first day of spring in the northern hemisphere was marked by lower crude oil and natural gas futures prices.

OMV acquires West of Shetland licenses from Hess

03/21/2014 OMV AG has reached an agreement with Hess Corp. to acquire four licenses in West of Shetland, UK, including Cambo field and the Blackrock prospect,...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected