Tue, 12 Jun 2012 12:53:04 CDT
Blue Dolphin Energy Co. has agreed to buy an idled refinery in Ingleside, Texas, from Lazarus Energy Holdings LLC. The refinery consists of crude oil and condensate processing equipment, pipeline connections, trucking terminals and related storage. The complex also has a barge dock and receiving facility, which has access to the Gulf Intracoastal Waterway at Redfish Bay near Corpus Christi. The refinery will be refurbished and brought back online. Houston-based Blue Dolphin (OTCQX: BDCO) also owns...
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