Alex Alonso: CEO & President

Alex AlonzoAlex Alonso serves as President of Source Oil Companies, Inc. Alex is responsible for overseeing all aspects of the business as well as strategic planning and implementation. He leads product marketing with a strong focus on international customer relations. In addition, he leads the marketing of Maritime Recovery Services Business Unit.

Alex has over 15 years of business development and management experience with an emphasis on international product trading and maritime recovery services. Prior to founding Source Oil Companies, Alex spent over 10 years in the real estate industry owning his own real estate firm and overseeing property management facilities. Since Source Oil's inception, Alex has fostered the company's strategy and continued business growth.


Matthew Manuel: General Manager & Vice President

Team Page Matt PhotoMatthew Manuel serves as the General Manager and Vice President of Business Development for Source Oil Companies, Inc. and related businesses. Matthew is responsible for business and project management, strategic planning, and business development. Since joining Source Oil in 2011, Matthew has played an integral role in expanding the business and is committed to achieve the company’s goals.

Matthew holds a Bachelor of Science in Chemical Engineering from the University of Florida. He has more than 15 years of experience in the petroleum and engineering industry. Prior to joining Source Oil, he held a variety of engineering and business development positions with KBR, Fluor, PegasusTSI, and URS. As a technical professional, Matthew has experience in olefin, fluidized catalytic cracking, syngas, gas monetization, and refining technologies. In addition, he held positions in strategic planning for KBR’s upstream business line and subsequent business development roles with Fluor, PegasusTSI, and URS.


Diana Eikrem: Operations Manager

Diana Eikrem serves as Operations Manager for post-sales project activities for Source Oil Companies. Diana is responsible for overseeing all aspects of a project from commencement to completion. Her primary objective is to ensure quality, schedule and cost efficiencies for all project parties with a strong focus on customer relations and overall satisfaction. She accomplishes this objective through her strong work ethic and extensive experience in planning, logistics and operational management.

Diana joined Source Oil Companies with more than 25 years of experience in various aspects of the maritime and shipping industry. Her career in ship operations began at Jahre Shipping followed by continued operations with other ship owners, operators, managers and brokerages. Her journey then took her to Marserve, Inc., a ship management and husbandry agency, where she managed the overall operations of both the Houston and New Orleans offices servicing customer vessels in all ports along the U.S. Gulf from Corpus Christi, TX to Panama City, FL. Prior to her joining Source Oil, she managed post-sales logistics for all bunker/de-bunker activities for O.W. Bunker (USA), Inc.

Rolando Lopez Arevalo: Director of Panama Operations

Rolando Lopez Arevalo serves as Director of Panama Operations for Source Oil Trading, LLC. Rolando is responsible for all aspects of the Panama venture including business development and operation management. His leadership and experience is paramount to Source Oil Trading’s vision for Panama and our overarching strategy to expand the trading business to international markets.

Rolando joined Source Oil Trading with more than 35 years of experience in the petroleum and maritime industries. He has managed petroleum terminals with storage capacities in excess of 2.4MM barrels in three free trade zones. Prior to joining the company, Rolando served as Operations Manager for Panama Ports Company, General Manager for Triton Energy of Panama, Sales and Marketing Manager for Atlantic Pacific, and Marketing Manager for Panama Oil Terminals.

Hugo Tovar: Director of Business Development

Hugo Tovar serves as the Director of Business Development for Source Oil Trading, LLC in Panama. Hugo is responsible for business development including account management, sales and marketing, and strategy implementation.

Hugo joined Source Oil Trading with 30 years of experience in the Panama petroleum industry. Prior to joining the company, Hugo spent 15 years as the Panama Representative for the Latin American Energy Organization (OLADE). Subsequently, he held a variety of sales and operation management roles with Panama Terminal Supplies, Sirena Oil Company, and Petroleos Panamericanos.