---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-000276"
form_type: "8-K"
ticker: "BDCO"
cik: "0000793306"
company_name: "BLUE DOLPHIN ENERGY CO"
filed_at: "2024-01-05T23:59:59+00:00"
generated_at: "2026-06-07T03:40:16.220690+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Blue Dolphin subsidiary enters crude supply and storage agreements with MVP for Nixon facility

## Summary
- Lazarus Energy (wholly-owned subsidiary) signed Crude Supply Agreement with MV Purchasing, LLC (MVP).
- MVP will supply up to 100% of Nixon facility's crude oil capacity at market prices.
- Initial term Jan 1, 2024 to Mar 31, 2024; auto-renews every 90 days, 60-day termination notice.
- Nixon Product Storage entered parallel Terminal Services Agreement with MVP for crude storage.
- TSA term runs concurrent with Crude Supply Agreement and terminates automatically with it.

## SEC filing metadata
- accession: 0001654954-24-000276
- form_type: 8-K
- ticker: BDCO
- cik: 0000793306
- company_name: BLUE DOLPHIN ENERGY CO
- filed_at: 2024-01-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793306/000165495424000276/0001654954-24-000276-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793306/000165495424000276/bdco_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-000276
- JSON: https://secwatch.observer/filing/0001654954-24-000276.json
- Plain text: https://secwatch.observer/filing/0001654954-24-000276.txt

## Key facts
- Material Agreements
  BLUE DOLPHIN ENERGY CO entered into TSA with MV Purchasing, LLC (effective 2024-01-01).
  - Action: entry
  - Agreement: supply
  - Counterparty: MV Purchasing, LLC
  - Effective: 2024-01-01
  source text: In addition to the Crude Supply Agreement, MVP entered into a Terminal Services Agreement (the “TSA”) with Nixon Product Storage, LLC, also a wholly-owned subsidiary of Blue Dolphin, effective January 1, 2024, to store crude oil at the Nixon facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/793306/000165495424000276/0001654954-24-000276-index.htm
- Material Agreements
  BLUE DOLPHIN ENERGY CO entered into Crude Supply Agreement with MV Purchasing, LLC (effective 2024-01-01).
  - Action: entry
  - Agreement: supply
  - Counterparty: MV Purchasing, LLC
  - Effective: 2024-01-01
  source text: On December 29, 2023, Lazarus Energy, LLC, a wholly-owned subsidiary of Blue Dolphin Energy Company (“Blue Dolphin”), entered into a Crude Oil Contract (the “Crude Supply Agreement”) with MV Purchasing, LLC (“MVP”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/793306/000165495424000276/0001654954-24-000276-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.