Tolfem Investments Limited is a leader in the of Nigerian
Bonny Light Crude Oil (BLCO) sales market. As a privately held company, Tolfem Investments Ltd. is committed to and is focused on delivering reliable services to all her
clients. Tolfem Investments Limited is determined to continue to grow in the energy sector
and to become one of the recognized leaders in the Nigerian oil and gas industry.
Simplifying Nigerian Bonny Light Crude Oil Buying, BLCO
Tolfem Investments Ltd has an excellent track record
of reliability in the supply of Bonny light crude oil, BLCO. We protect our buyers with 2% Performance Bond while we also expect protection from our customers with bank
instrument from the world's top banks. We deliver on TTO, TTT, CIF and FOB basis.
If you wish to purchase Bonny Light Crude Oil from a reliable seller, contact us today to commence a comprehensive purchase procedure.
Oilfield writedowns loom as crude slump guts drilling values
NEW YORK (Bloomberg) -- Tumbling crude prices will trigger a flood of oilfield writedowns starting this month after industry returns slumped to a 16-year low, calling into question half a decade of exploration. With crude prices down more than 50 percent from their 2014 peak, fields as far-flung as Kazakhstan and Australia are no longer worth pumping, said a team of Citigroup Inc. analysts led by Alastair Syme. Companies on the hook for risky, high-cost projects that don’t make sense in a $50/bbl market include international titans such as Royal Dutch Shell Plc and small wildcatters like Sanchez Energy Corp.
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