Texas Oil Group

Saudis reveal extent of damage to Kuharis oilfield following attack

Saudi Aramco revealed the significant damage caused by aerial strikes on its Khurais oil field and Abqaiq crude-processing plant last weekend, and insisted that the sites will be back to pre-attack output levels by the end of the month.
Shell, Exxon pursuing Pakistan LNG terminal plans

Pakistan has given provisional permission to five developers, including partnerships with Exxon Mobil and Royal Dutch Shell, to set up LNG import terminals.
ExxonMobil announces first-ever Power Play Awards winners

ExxonMobil recently announced the winners for the inaugural Power Play Awards during the Gastech Exhibition and Conference on September 18, 2019.
McDermott rebounds as it weighs unit sale to boost liquidity

McDermott International’s shares doubled in early trading and its bonds jumped after the energy industry contractor said it’s exploring the sale of its Lummus Technology business, a move that may give the heavily indebted company some badly needed liquidity.
McDermott to explore sale of Lummus Technology unit; shares jump 50%

McDermott International said it’s weighing the sale of its Lummus Technology business after getting approaches that valued the unit at more than $2.5 billion. The shares soared.
Oil set for biggest weekly gain since January after Saudi attack

Consultants caution that Saudi Arabia's recovery could take longer than expected, and the kingdom’s resort to sourcing refined fuels and condensates from the market is fanning concerns about the length of the disruption.

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Texas Oil Group, Ltd. Co. strives to carry the highest quality products made in order to support our clients throughout all sectors. Our goal is to provide you with the best product for your needs and we never recommend substandard unproven solutions....

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