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

Nerves Over Coronavirus Demand Hit Keep Oil Down
Oil steadied after closing at the lowest level since mid-October as the deadly coronavirus wreaked havoc on China's economy and threatened to crimp worldwide energy demand.

Oil Prices Continue String of Losses
For the fifth consecutive trading day, West Texas Intermediate (WTI) and Brent crude oil prices finished lower.

Eni Signs Supply Deal with Nigeria LNG
Eni S.p.A. reported Monday that it has signed a long-term supply agreement with Nigeria LNG.

Venezuela Mulls Privatizing Oil Amid Economic Freefall
It would be a move that forsakes decades of state monopoly.

Exxon Marks Stabroek Sweet 16
ExxonMobil, operator of the Stabroek Block offshore Guyana, on Monday reported an oil discovery at the Uaru exploration well, located near the producing Liza field.

Oil-Storage Demand at Mideast Hub Prompts Brooge Expansion
The expansion would more than double the amount of crude traders could store at Fujairah, the world's second-largest refueling port.

BHP Awards Mexico Deepwater Contract
DORIS will provide engineering services for BHP and PEMEX's Trion project.

Iraq Al Ahdab Oil Field Resumes Production
Iraq's Al-Ahdab oil field resumed production about a week after operations halted there due to protests by security guards amid unrest in one of OPEC's biggest producers.

Oil Traders Made Billions in 2019
The world's largest energy traders enjoyed one of their best ever years in 2019.

Lundin Proposes Name Change
Lundin Petroleum AB has proposed to change its name to Lundin Energy AB following the launch of a decarbonization strategy.





















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