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

Wednesday 2 April 2014

Japanese trading house writes down Samson Investment as shale bet sours

TOKYO (Bloomberg) -- Itochu Corp., Japan’s third-largest trading house, said it booked another writedown on its investment in oil and gas producer Samson Investment Co., as its bet on the U.S. shale boom sours. The latest impairment of 29 billion yen ($279 million) follows charges of about 33 billion yen reported by the Tokyo-based company last year. Itochu has now written down most of the 78 billion yen, worth $1.04 billion at the time, it paid in 2011 for a 25% stake in family-owned Samson.


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