Blockline And Associate Ltd Blog
Blockline and Associate Ltd are sellers of light crude oil and other petroleum products. We also sell and lease out marine equipments, construction machinery and other equipments.
We sell Crude Oil, D2, AGO and other Petroleum product such as:
Nigeria Bonny Light Crude Oil (BLCO, FLCO and ALCO, etc): We sell mostly on FOB, CIF, TTO and TTT/STS Basis.
Automotive Gas Oil (AGO) and D2: We sell mostly on CIF and TTT/STS.
Bitumen: We sell on CIF and FOB Basis
Marine Equipments/Machines:
We sell and lease all kinds of marine equipments/machines.
Well sell and lease all kinds of vessel e.g. oil tanker, cargo vessel, crew vessel etc.
We sell and lease tug-boats of all kinds.
We sell and lease barges and sea going barges.
We sell and lease dredgers, swamp-buggy, cranes of all kinds, tug-boats of all kinds bulldozers, etc.
Crushing machine of all kinds and screening plant: We sell on CIF and FOB Basis.
Steel and Metal:
We sell steel pipes and tubes of all kinds
We sell metals of all kinds.
GENERAL CONTRACTORS:
We are also into real estate, transportation, communications and more.
Monday, 3 August 2020
Oxy restores employees’ pay, doubles executive salary cap
Occidental Petroleum Corp. has restored employee pay cuts imposed after oil prices tumbled and doubled the salary cap for executives to $500,000 a year. ...»
NEO Energy completes acquisition of UK North Sea assets from Total
The transaction consists of a material, cash generative portfolio of assets in four producing areas of the UK North Sea, with an average 2019 production of approximately 23,000 boepd and substantial development upside. ...»
UK offshore unions say longer shifts increase coronavirus risk
North Sea oil workers are staying offshore for as long as three weeks at a time, potentially increasing the risks of an already dangerous operating environment, according to unions. ...»
Exxon delays flagship upstream projects to protect its balance sheet
As recently as March, the Texas giant had pinned its future to huge capital spending on oil and natural gas at a time when peers were exploring ways to decarbonize. Exxon CEO Darren Woods’ plan was to lean on the company’s impeccable balance sheet to drill for gushers and still cover almost $15 billion in annual dividends. ...»
Oil tests $40 as OPEC’s extra barrels loom on the horizon
The Organization of Petroleum Exporting Countries and its allies will pump about 1.5 million barrels a day more this month than in July as it starts to unwind its historic virus-driven output curbs, with Russia already having lifted its output sightly last month. ...»
Sunday, 2 August 2020
With oil's supermajors in distress, can smaller independents step up and lead a recovery?
A disconnect between drilling activity and supermajors' earnings may reveal a shift in industry leadership, as evidence that the oil and gas industry is reaching a bottom emerges. ...»
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