Item 8.01 Other Events.

On June 9, 2022, Blue Dolphin Services Co. ("BDSC"), a wholly owned subsidiary of Blue Dolphin Energy Company ("BDEC"), paid all past due obligations totaling approximately $0.2 million to TR 801 Travis LLC ("Building Lessor"), the lessor on its principal office lease dated effective January 1, 2018 (the "Office Lease"). As a result, Building Lessor considered the prior Office Lease default cured and granted BDSC access to the leased space.

As previously reported, in March 2021, BDSC defaulted on the Office Lease due to non-payment of rent. In May 2021, BDSC and Building Lessor reached an agreement to cure the default pursuant to a fourth amendment to the Office Lease (the "Lease Amendment"). Under the Lease Amendment, Building Lessor agreed to defer BDSC's past due obligations, including rent installments and other charges totaling approximately $0.1 million in equal monthly installments beginning in June 2021, and continuing through the Office Lease expiration in August 2023.






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