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

Loews CEO Tisch Eyes $75 Oil in Two Years
The head of one US conglomerate is eyeing a rebound that'll bring crude back to $75 a barrel.

Oil Prices Settle Lower
Crude oil futures start the week on a lackluster note.

Libya Declares Force Majeure at Largest Field
Libya declared a state of force majeure at its largest oil field after an armed group forced a production halt.

Offshore Angola Field Achieves First Oil
Eni starts oil production from the Vandumbu field in Block 15/06 offshore Angola.

Mexico to Build an $8 Billion Refinery
Mexico plans to start awarding the construction of its seventh refinery as soon as March 2019.

ConocoPhillips Plans for $6.1B Capital Spend in 2019
ConocoPhillips is keeping capital expenditures flat in 2019 while anticipating a production surge.

Eni Makes New Oil Discovery
Eni announces a new oil discovery in the Afoxe exploration prospect, located in Block 15/06 offshore Angola.

OPEC Cut Was Not Easy
The move to cut 1.2 million barrels per day from the market was not easy, according to UAE Minister of Energy Suhail Mohamed Al Mazrouei.

OPEC Cut Wrong-Foots Short Sellers
OPEC's surprise output reduction has wrong-footed short-sellers.

Oil Extends Gain
Oil in London extended gains near $62 a barrel on prospects for a shrinking glut.





















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