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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

After years of neglect, the United Kingdom has big plans for hydropower as part of broader plans for a green transition. The government is supporting the development of three large-scale hydro-storage projects as part of its plans to diversify the U.K. energy mix, support a green transition, and boost energy... Read more
Published on: 2026-07-12
Source: Oil Price RSS
The Middle East is once again at the center of global energy markets due to the renewed military confrontation involving Iran. Markets, however, should recognize that, unlike in previous crises, the world is entering this new phase with a significantly weaker strategic safety net. At present, crude oil prices still... Read more
Published on: 2026-07-11
Source: Oil Price RSS
An unconventional approach to nuclear energy production just got one step closer to reality. A prototype reactor canister just arrived at its installation site in Kansas, where it will soon be part of a proof of concept for a first-of-its-kind underground small modular reactor system. California-based startup Deep Fission believes... Read more
Published on: 2026-07-11
Source: Oil Price RSS
In recent years, California has grown increasingly progressive in its energy policy, shifting away from fossil fuels toward renewable alternatives. The state has invested heavily in developing its renewable energy capacity over the last decade, in a bid to decrease reliance on oil, coal, and gas. This has helped it... Read more
Published on: 2026-07-11
Source: Oil Price RSS
In a closely contested presidential election in Colombia, controversial far-right candidate Abelardo de la Espriella emerged victorious. After an official recount, his opponent, left-wing senator Ivan Cepeda, conceded defeat. This was a hard-fought campaign which split the community, sparking much controversy across Colombia. While debate rages over De la Espriella’s... Read more
Published on: 2026-07-11
Source: Oil Price RSS
With Europe facing more frequent and hotter heatwaves, the uptake of air conditioning systems has soared across the region in recent years. This trend is driving energy demand and making it more difficult for countries to reduce reliance on fossil fuels in favour of renewable alternatives. Several countries across Europe... Read more
Published on: 2026-07-11
Source: Oil Price RSS
EBW Energy Analyst Eli Rubin warned of 'faltering demand' heading into the President's Day holiday weekend.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
U.S. supplies of gasoline are being shipped out of the country to travel thousands of miles via the Bahamas before finally ending up in California.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
North America dropped six rigs week on week, according to Baker Hughes' latest North America rotary rig count.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
Aramco Trading signed a 20-year agreement to buy one million metric tons per annum of liquefied natural gas from the under-development Commonwealth LNG in Louisiana.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
Enbridge cited 'favorable gas transmission contracting' compared to the fourth quarter of 2024.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
IEW, which was hosted by the Energy Institute, took place from February 10-12 at the QEII Center in London.... Read more
Published on: 2026-02-16
Source: Rigzone RSS

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