O'NielPetroserve Site


Crude Oil Rig O'NielPetroserve is a leader in the of Nigerian Bonny Light Crude Oil (BLCO) sales market. As a privately held company, O'Neil Petroserve is committed to and is focused on delivering reliable services to all her clients. O'NielPetroserve is determined to continue to grow in the energy sector and to become one of the recognized leaders in the Nigerian oil and gas industry.

Simplifying Nigerian Bonny Light Crude Oil Buying, BLCO With O'Niel Petroserve

Crude Oil Terminal O'Neil Petroserve has an excellent track record of reliability in the supply of Bonny light crude oil, BLCO. We protect our buyers with 2% Performance Bond while we also expect protection from our customers with bank instrument from the world's top banks. We deliver on TTO, TTT, CIF and FOB basis.

If you wish to purchase Bonny Light Crude Oil from a reliable seller, contact us and we commence the buyer friendly procedure to enable this.

Contact O'Niel Petroserve

Friday 28 March 2014

EU environmental impact assessment rules to trigger more competitiveness, growth

A recent European Parliament vote on new environmental impact assessment rules is a step forward in making Europe more competitive without compromising on the environment, according to the International Association of Oil & Gas Producers (OGP).


“While not imposing unnecessary requirements on the upstream oil and gas industry, the new rules will guarantee that any development, including exploration for shale gas, will be subject to strict environmental standards,” said Roland Festor, OGP’s director for EU affairs.


The new rules confirmed the existing differentiation between exploration and production of hydrocarbons. It will ensure that the requirements for environmental protection become more stringent as a project progresses. This way, time and resources will be applied where they matter: on full environmental studies, once a project’s economic potential is confirmed and its development is going ahead.


Too many detailed requirements during the early phase of exploration - when commercial viability of a project is totally uncertain and operations limited - would have undermined key investments, without bringing any additional benefit to the environment.


“The vote is a positive first step in enabling the assessment of domestic energy resources. Opportunities, such as natural gas from shale, must be explored and, if promising, will be crucial to encourage future economic growth and create new jobs,” said Festor.


“Shale gas exploration is even more crucial now that the EU is devising its 2030 climate and energy policy. Gas is the best resource Europe has - cleaner-burning, reliable and immediately available - to help meet EU emissions reduction targets quickly and at a competitive cost versus alternatives,” he explained.


Shale gas development could have other significant benefits for Europe. According to a recent study from consulting and engineering firm Poyry, domestic EU development could create as many as 1.1 million jobs by 2050, while reducing the region’s dependence on energy imports and relatively lowering prices.


Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By O'Niel Petroserve Nigeria Ltd, online.

No comments :

Post a Comment

Related Posts Plugin for WordPress, Blogger...

World Energy Consumption

Crude Oil Tanker