Stercoll Energy Service – an Oil buyer

We were recently approached by a company acting for Stercoll Energy Services Ltd …  (Stercoll details below)  … we agreed to issue the FCO once we received a categorical confirmation of the acceptance of the offer including the procedures for such .. below is their confirmation of their acceptance, received ..on the 20th of July 2012


Attn: Mr. David Sanders
Subj: D2 Gas Oil CIF Philippines

Status: Buyer, ready to proceed

Buyer has accepted all condition and oil specification offered by the seller, he is now ready to proceed. Please issue FCO a.s.a.p as per advised company and name of buyer via buyer’s designated information as stated below:_

                            Director Asian Regional Head Quarters



The Buyers Website is :

The Full Corporate offer was issued to this address on the 24th  of July 2012, it was valid for 5 days.

We were approached shortly after issuing the Full Corporate Offer from the Skype address, of chief.emeka kalu a person who said that they were the buyer for the main company Stercoll .. corporate details available on the above website.

Just before the end of the validity period this same contact sought to vary the procedures, despite receiving confirmation of their agreement to them as above.

We gave the buyer all help necessary within the procedures to move forward … the FCO expired on July 30th, 2012

No further contact was received from the buyer by way of explanation as to why they failed to proceed. This behavior is unprofessional and was unexpected, especially after they agreed to the whole offer including procedures before we would even consider issuing the offer.

For us this whole exercise was a waste of time … and an expensive one, as it meant that the oil was not available to other buyers during the preparation and validity period of the FCO.

The “buyer” proved to be a time waster … at the very least.


Veritas Gravitas and the MBA Oath

Here is the website in question the MBA Oath

In my opinion it is window dressing, ethicsvalues and principles is not something you can swear a voluntary compliance with … it is something that you learn through life, either in essential relationship with your parents and during your childhood or you learn it in the military or in some sort of value driven public service organisation …. that actually does something … to the oath giver .. it is the basis of honour, truth, loyalty …. values which have a profound meaning …

For those that take the oath and it is not part of their soul, it will have no effect on their lives, the whole idea that you can swear a voluntary adherence to leading a  life based on ethics and principles is a nonsense …

It might look good on your PR brochure but it means nothing … as they will always default to the values that they learnt .. usually a reflection of the society as whole that values nothing, creates nothing .. and only values consumption and excess.. and money of course.

Only those leaders that have grown up in an ethical and principled based learning environment or those exceptional military leaders that know that the result of their work has to create value for all … such voluntary oaths are of no real value to society .. otherwise this comes back to the essence of society .. that it looks good, sounds good … but means nothing … unless you are swearing compliance with something that has teeth or means something to the oath giver … its just so much spin.

Which it seems all our society is about …

Its gets more political as we move forward .. it is about how it looks, how it sounds rather than how it actually is…

Socrates Fundamental Principles

My aim is simplicity and therefore clarity.

I came across a happenstance, a link to my childhood, and a time when philosophy and ethics of living were a integral part of my upbringing, that moulded my character, my values and therefore my integrity – in other words all that I am.

Socrates’ fundamental principles

P1: We must always act on the basis of good reasons and good reasoning, not out of fear, mere self-interest, etc.

P1(a): We value the opinions of those who know, not the many

P1(b): The principles on which we rely must stand the tests of time and change of circumstances, and the conclusions we draw from them must be ones which we can be constantly faithful.

P2: It is not enough to live; we must live well, nobly and justly.

P3: We must never do wrong willingly, even in requital.

P4: We must always keep our agreements, provided they are just.

You know looking at these Principles, I do not think our current society complies with one of them .. not even close.