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

Monday 12 January 2015

Falling oil prices pose threat to future UK production, Wood Mackenzie says

EDINBURGH, United Kingdom -- Investment continued to boom in the UK in 2014 with $19 billion (£12 billion) of capital expenditure pumped into the sector -- keeping the UK in the top 10 countries for upstream spend globally. Wood Mackenzie' s annual United Kingdom Upstream review, says this investment meant after several years of steep decline, UK production stabilised and is even expected to grow in the near term. However, Wood Mackenzie also warns that 2014 was a very challenging year for the UKCS with rising costs, poor exploration results and falling oil prices squeezing already tight project economics -- casting further concern over the outlook for 2015 and beyond.


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