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, 31 July 2020

Offshore driller Noble Corp. files for bankruptcy to handle $3.4 billion in debt

The Chapter 11 filing in Texas envisions eliminating all of the company’s borrowings -- more than $3.4 billion -- by swapping debt for equity, the company said in a statement. ...

OPEC+ plans to pump more crude into a precarious global oil market

From quiet skies over Europe to sparse traffic in America’s biggest cities, a recovery in global oil demand is faltering amid the resurgence in coronavirus. That poses a particularly delicate challenge for the OPEC cartel and its partners, who next week plan to resume some of the crude output halted during the depths of the pandemic. ...

July ends with an oil price gain as OPEC+ plans to increase supply

Oil is set to end July with a gain in New York ahead of OPEC+ plans to return supply to the market after the group’s historic output cuts, while the coronavirus pandemic continued to spread across many major economies. ...

Chevron reports worst quarter in 30 years, warns of continued Covid-19 impacts

Chevron’s adjusted loss in the second quarter was $3 billion, more than twice the average analyst estimate in a Bloomberg survey and the deepest since at least 1989. ...

Exxon posts deepest-ever loss as Covid-19 destroys global oil demand

Exxon’s woes are emblematic of the broader threats menacing the petroleum industry in what is turning out to be the deepest crisis of its 161-year history. International titans that raked in record-breaking profits during the first decade of the century have now been reduced to widespread job cuts, belt tightening and heavy borrowing to cover dividends and other outlays. ...
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