Lines of credit for Oil & Gas
and all other commercial endeavors


Pacific National Capital provides corporate lending solutions including secured and unsecured commercial lines of credit, large credit facilities, revolving lines of credit, bridge facilities, asset based facilities and factoring financing, for oil and gas companies and many other commercial industries.

Our commercial business lines of credit will give your business access to funds when you need it, up to a pre-specified amount. The main advantage of a commercial business line of credit is flexibility. Funds are always available when you need them and you pay no interest until you draw on the line which makes it great for emergencies. The line can be secured or unsecured, with multiple repayment options and loan amounts starting from $5 million with no upper limit. For large credit facilities in the hundreds of millions we can structure club or syndicated credit facilities with no upper limit.

Commercial Lines of Credit are great for a variety of ongoing or short-term financing needs, such as improving cash flow, acquiring working capital, purchasing inventory, real estate, materials, or equipment, and financing accounts receivable.




Pacific National Capital 's Daily Oil & Gas News

Woodside Invests in Cyber Security Company
Woodside Energy has invested in Sapien Cyber Ltd, a Western Australian cyber security firm.

Oil Slips
Oil slipped from near a four-month high as OPEC and its allies met in Azerbaijan Monday and recommended deferring a decision on whether to extend oil production cuts until June.

Market Fundamentals Improving But Much Left to Do
Market fundamentals have been slowly improving since the latter part of last year, but much more work still needs to be done, according to Saudi Arabia's energy minister.

OPEC Can Make or Break Oil's Bull Run
OPEC can make or break oil's bull run, and hedge funds are betting the cartel will keep fueling the rally.

Oil Prices Up for the Week
The WTI is up 4.4 percent and the Brent 2.1 percent.

US Has Fourth Straight Week of Rig Count Declines
The U.S. dropped one oil rig this week.

ABB Execs Talk Tech's Impact on Oil, Gas and More
Rigzone spoke with ABB executives during the CERAWeek by IHS Markit conference about the oil and gas industry's technological evolution and sustainability in the industry.

Egypt Ready to Rejoin LNG Exports Club
Sources say state gas company EGAS tendered to sell four cargoes of LNG for loading in April.

Algeria NOC Enlists WorleyParsons' Help to Boost Output
Sonatrach wants to command a Top 5 NOC position.

Exxon Hits the Brakes on $1.9B Project
Exxon's Canadian subsidiary, Imperial Oil Ltd., was planning to bring the 75,000-barrel-a-day project online in 2022.





















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