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Tunnel Oil & Gas Press Releases

Veteran Oil Partners secures $1.7MM capital commitments

Veteran Oil Partners secures $1.7MM capital commitments

Veteran Oil Partners, a Dallas based energy firm, announced today the closing of the J. Fite LP with $1,700,000 in equity cash commitments secured. Veteran Oil Partners is the managing general partner of the J. Fite LP, an oil focused investment program that...

Veteran Oil Partners’ oil production surges 586% in the last year.

Veteran Oil Partners’ oil production surges 586% in the last year.

As of November 4th 2019 Veteran Oil Partners, a Dallas based oil exploration and development company, has produced more than 52,761 barrels of WTI crude oil in 2019; approximately $3,000,000 in gross oil revenue at an average price of $57.00 per barrel. This marks a...

O&G Industry Headlines

The Future of Plastics Will Determine the Future of Oil Demand
The UN is this week discussing the future of plastic—or so it would seem on the surface. The UN Global Plastics Treaty negotiations aim to curb plastic pollution by essentially curbing the use of plastics globally. And they look set to fail. The goal is certainly noble. Reducing the massive... Read more
Published on: 2024-04-27
Source: Oil Price RSS
What Does Billionaires Dominating Space Travel Mean for the World?
For decades, when people discussed space travel they thought of NASA. After all, the National Aeronautics and Space Administration accomplished the first moon landing in 1969 and has achieved many more feats since. However, over the last few years, several billionaires have been investing in space travel in a bid... Read more
Published on: 2024-04-27
Source: Oil Price RSS
Breakthrough in Sodium Battery Chemistry Promises Lower Costs
Osaka Metropolitan University researchers have developed a mass synthesis process for sodium-containing sulfides. Mass synthesis of electrolytes with high conductivity and formability is key to the practical use of all-solid-state sodium batteries, thought to be safer than lithium-ion batteries and less expensive, as sodium is far more plentiful than lithium. The report... Read more
Published on: 2024-04-27
Source: Oil Price RSS
How Central Asian Countries Are Courting Western Trade and Investment
Central Asian states are knocking down trade barriers, addressing a prerequisite for the formation of a unified regional market. The recent diplomatic efforts appear to have caught the attention of the Kremlin, which worries that freer trade in Central Asia will facilitate the expansion of commercial networks bypassing Russia. The... Read more
Published on: 2024-04-27
Source: Oil Price RSS
Global Metals Markets Face Uncertainty as Russian Ban Takes Effect
Via Metal Miner By now, anyone in the metals market will know that the U.S. and UK recently banned the consumption of Russian aluminum, copper, and nickel produced from April 13 onward. While metal already on the London Metal Exchange (LME) and the Chicago Mercantile Exchange (CME) are still available for consumption,... Read more
Published on: 2024-04-27
Source: Oil Price RSS
Exxon Expects Regulator To Greenlight $60-Billion Pioneer Deal in June
ExxonMobil continues to expect that the U.S. antitrust authority will give the green light to its proposed $60-billion all-stock acquisition of Pioneer Natural Resources by the end of the second quarter, Exxon’s chief financial officer Kathy Mikells told Bloomberg in an interview on Friday. Exxon said in its Q1 earnings release today that it... Read more
Published on: 2024-04-26
Source: Oil Price RSS
Oil Posts Weekly Gain as Market Tightens
Oil rose this week amid signs of a tightening physical market while traders continue to assess lingering Middle East risks. ... Read more
Published on: 2024-04-26
Source: Rigzone RSS
Sintana to Acquire Stake in Namibia Orange Basin Blocks
The acquisition provides Sintana with 'an attractive entry into a high impact license with significant upside'.... Read more
Published on: 2024-04-26
Source: Rigzone RSS
Matador Boosts YOY Profit, Production in First Quarter
The year-over-year increase is due not only to the Advance Energy acquisition that closed in April 2023 but also to increased production from new wells.... Read more
Published on: 2024-04-26
Source: Rigzone RSS
DOI Earmarks $37MM to Plug Orphan Wells in 3 States
The grants are the first phase of formula grant funding for Kentucky, Mississippi, and Missouri to clean up legacy pollution.... Read more
Published on: 2024-04-26
Source: Rigzone RSS
Biden Rules on Fossil Fuel Plants Collide with Power Demand
A new regulation will force coal plants to capture nearly all of their CO2 emissions - or close - by 2039, with similar pollution cuts for many of the new gas-fired plants built to replace them.... Read more
Published on: 2024-04-26
Source: Rigzone RSS
Chevron Veteran Satterwhite Named New President of EnergyX
EnergyX brought former Chevron veteran Allen Satterwhite to its executive team.... Read more
Published on: 2024-04-26
Source: Rigzone RSS

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