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:

Crude Oil TankerNigeria 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.

Marine DredgesWe 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.


Sunday, 31 May 2020

OPEC+ may meet this week to update production limits

The move, if confirmed, would give the oil cartel more flexibility to change its current production limits. The existing deal, struck in April as energy demand and prices collapsed because of the coronavirus pandemic, calls for curbs to ease from July. ...»

Weekly Preview podcast: How prepared is the industry for an oil price rebound?

Our look ahead the coming week, including how drillers' ability to react to an increase in oil and gas demand could be impacted by technical and manpower limitations, and what key OPEC players have in store for the first week of June. ...»

Friday, 29 May 2020

Oxy reduces its dividend to $0.01 per share

Occidental shareholders will receive a penny per share on July 15, the Houston-based company said in a statement Friday. The payout compares to the 11-cent dividend announced in March. ...»

Saudis focus oil shipments on China during production cuts

An early look at Saudi Arabia’s crude exports for May shows that historic production cuts have done little to squelch the kingdom’s flood of oil to China, which is just getting back on its feet from the coronavirus. ...»

Renewable energy firms scooping up cast-off oil and gas workers

Much of oil, gas, wind and solar is about building projects and selling the output. That requires workers with backgrounds in geology, land acquisition, engineering, finance, asset management and energy contracts. ...»

Oil’s biggest monthly advance ever stalls on U.S.-China tensions

While futures in New York edged lower to trade near $33 a barrel, crude is still set for the biggest monthly gain in data going back almost four decades. ...»
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