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.
Sunday, 31 January 2021
Fossil fuel transition: Expect oil price spikes as capital investment declines
“We have concerns about investment, particularly in light of the pandemic,” OPEC Secretary-General Mohammad Barkindo said at a virtual conference in Iran on Jan. 26. Starving the industry of capital today “could sow the seeds for extreme volatility down the road.” ...»
Saturday, 30 January 2021
Biden’s anti-oil crusade can make climate change worse
America is the world’s biggest consumer of crude oil, and any restrictions of domestic production will mean more will have to be shipped in from other countries with less stringent humanitarian and environmental laws. ...»
Friday, 29 January 2021
Texas Alliance’s Petro Index shows deep trough in state’s oil and gas economy during 2020
“The Texas upstream oil and gas economy was already in a state of decline before Covid-19,” said Alliance Executive V.P. and Petroleum Economist Karr Ingham, in exclusive comments to World Oil, adding that the demand contraction in the U.S. and globally was easily the sharpest demand drop in the shortest amount of time on record. ...»
Keppel to end oil and gas rig building, turns focus to renewables
Keppel Offshore and Marine will exit the offshore rig building business, after completing the existing rigs under construction, the company said in a statement. ...»
Equinor writes off its Tanzania LNG project
While progress has been made in recent years on the commercial framework for the Tanzania LNG project, overall project economics have not yet improved sufficiently to justify keeping it on the balance sheet, Equinor said in a statement. ...»
Chevron logs Q4 loss on Noble Energy charges, weak fuel demand
In a harbinger for the rest of the oil industry, Chevron’s results evince the challenges facing energy producers battered by 2020’s pandemic-driven collapse in demand and prices. ...»
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