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 14 October 2016

Oil rebound’s dirty little secret threatens U.S. gas bulls

One of the biggest threats to an extended rally in U.S. natural gas prices is lurking in the oil patch. Gas production in most of the country has dropped amid cost-cutting. Not so in the Permian basin, the nation’s biggest crude reservoir and one of the few places where drilling has remained profitable. Permian drillers, led by Occidental Petroleum and Pioneer Natural Resources, are pumping more oil as prices rise, pushing natural gas extracted as a byproduct from the West Texas play to almost 7 Bcfpd, Bloomberg Intelligence data show. That’s about 8%of U.S. supply. ...

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