Vivakor Inc (VIVK) News & EventsVIVKVivakor Inc

Vivakor Announces Additional $400M Crude Oil Marketing Programs

Vivakor, through its wholly owned subsidiary Vivakor Supply & Trading, announced the execution of two additional long-term recurring physical crude oil marketing programs expected to generate approximately $400M of additional annualized commercial activity, increasing the company's announced commercial marketing platform to approximately $1.5B in annualized commercial activity, based on current market pricing assumptions. The new commercial programs consist of recurring physical crude oil purchase and sale transactions totaling approximately 500,000 barrels per month, increasing Vivakor's announced recurring commercial marketing platform to approximately 1.54M barrels per month, or approximately 18.4M barrels annually. The announcement represents more than a doubling of Vivakor's announced annualized commercial marketing platform in just a matter of weeks.

Olenox Industries Appoints Kimberly Hawley as Interim CFO

Olenox Industries (OLOX) announced the appointment of Kimberly Hawley as Interim Chief Financial Officer, effective as of July 24, 2026, following the previously disclosed departure of Tricia Kaelin, the Company's former Chief Financial Officer. Hawley also currently serves as Executive Vice President, Chief Financial Officer and Treasurer of Vivakor (VIVK)

Vivakor Announces New Oil Programs Expected to Generate $384M Annually

Vivakor, through its wholly owned subsidiary Vivakor Supply & Trading, announced the execution of two new recurring physical crude oil commercial programs expected to generate approximately $384M of annualized commercial activity, increasing the company's announced physical crude oil marketing platform to more than $1.09B of annualized commercial activity, based on current market pricing assumptions. The new commercial programs consist of two recurring physical crude oil purchase and sale transactions at the Cushing and Midland Terminals and further expand VST's recurring physical crude oil marketing activities. "Surpassing $1 billion of announced annualized commercial activity marks an important milestone in the continued growth of Vivakor Supply & Trading," said James Ballengee, chairman, president and CEO of Vivakor. "The continued expansion of our recurring commercial programs reflects the strength of our commercial relationships and our ability to consistently originate and execute physical crude oil transactions. As we build additional scale across our marketing platform, we believe we are creating a business that complements our transportation, terminaling and storage operations while supporting long-term shareholder value."