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

Offshore Gabon Seismic Extended
CGG is collecting more seismic data offshore Gabon. PHOTO SOURCE: CGG

Canadian Oil Surge Fails to Lift Producers
Alberta's crude curtailment plan has caused a dramatic rise in the price of heavy Canadian oil.

AMLO Doubles Down to End Fuel Theft after PEMEX Explosion
Mexico President Andres Manuel Lopez Obrador is doubling down on a controversial strategy to end fuel theft.

India Refining Capacity to Grow Five-plus Percent Annually
Just three of India's refineries will account for more than one-quarter its refining capacity in 2023, states report.

Major LNG Buyers' Uncontracted Demand to Quadruple by 2030
Wood Mackenzie expects a record number of FIDs on LNG projects in 2019.

US Drilling Slows Down, Oil Steadies Near 2-Month High
Oil steadied near a two-month high in New York amid a pullback in US drilling activity.

Houston American Energy Completes Drilling of Well in San Andreas
The well is located in an area targeted as the exploration component of the San Andreas formation.

Traders Sold German Gas That Never Showed Up
Several natural gas traders last year sold the fuel into Germany's pipeline network, but now an investigation is under way.

MEG Plans to Spend Less and Boost Oil Output
MEG Energy Corp. looks to be on its own again after Husky Energy Inc. pulled its hostile bid for the Canadian oil-sands producer.

Saudi Arabia in Talks to Build Refinery in South Africa
Saudi Arabia is in talks to build an oil refinery in South Africa as part of a pledge.





















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