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

Oil Prices Erase Recent Gains
The WTI and Brent crude oil benchmarks on Monday largely erased the more than two-percent gains they posted at the end of last week.

Greenpeace Activists Climb Shell's Offshore Platform in Protest
Greenpeace activists boarded two Shell offshore platforms in the Brent field in the U.K. North Sea to protest decommissioning plans they claim will leave "hazardous oily sludge" in the sea.

Parsley Energy in $2.27B All-Stock Deal to Acquire Jagged Peak Energy
U.S. independents Parsley Energy, Inc. and Jagged Peak Energy Inc. have entered into a definitive merger agreement which will allow Parsley to acquire Jagged Peak in an all-stock deal valued at $2.27 billion.

Energean to sell Edison's North Sea Assets for $250MM
The sale is contingent on Energean completing its proposal to acquire Edison E&P.

Oil Tanker Rates Soar to New Records
Nothing right now is stopping a surge in oil tanker rates that's given owners of the vessels one of the biggest boosts in years.

Enterprise Products Partners Expanding ATEX Pipeline
The expansion will provide access to attractive markets on the Gulf Coast through Enterprise's integrated midstream network.

ConocoPhillips to Divest Some Australia Assets
ConocoPhillips has agreed to sell the subsidiaries holding its Australia-West assets and operations to Santos Limited for US$1.39 billion.

Total Makes $600MM Bet on India
French energy giant Total SA is spending $600 million to expand its presence in one of the world's fastest-growing natural gas markets.

Oil Drops After Biggest Gain in a Month
Oil slid after surging the most in almost a month on Friday amid doubts that recent progress in the U.S.-China trade talks will compensate for a worsening global demand outlook.

Nigeria in Talks with Oil Majors to End $62B Dispute
Nigeria began preliminary talks with international oil companies to settle a dispute over revenue.





















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