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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

ADNOC has unveiled a sweeping $150 billion investment plan for 2026–2030, marking one of the largest investment cycles in its history and reinforcing the UAE’s long-term commitment to oil, gas, and industrial expansion. The announcement, approved at the board meeting chaired by Sheikh Mohamed bin Zayed Al Nahyan, coincided with... Read more
Published on: 2025-11-24
Source: Oil Price RSS
The latest edition of the annual UN climate summit ended with little fanfare on Friday, marking a decade since the famous Paris Climate Agreement of 2015. Dubbed COP30, the summit held in Brazil followed the usual pattern of the experts warning of how far off track the world is from... Read more
Published on: 2025-11-24
Source: Oil Price RSS
America’s hyperscalers are looking to ensure the electricity for their huge data centers by entering the supply side of the market—power trading. Meta, Microsoft, and Apple, to name a few, have either requested or obtained authorizations from the Federal Energy Regulatory Commission (FERC) to sell wholesale power. Meta Platforms, for... Read more
Published on: 2025-11-24
Source: Oil Price RSS
Critical minerals are the new oil. Everyone is after some long-term supply—except China, which has spent years building supply chains around the world to emerge as the single largest supplier and processor of those minerals. The U.S. and Europe are in a rush to catch up, and they are looking... Read more
Published on: 2025-11-24
Source: Oil Price RSS
As exclusively revealed to OilPrice.com some years ago by a very high-ranking official from the Kremlin: “By keeping the West out of energy deals in Iraq, the end of Western hegemony in the Middle East will become the decisive chapter in the West’s final demise.” Consequently, the push has been... Read more
Published on: 2025-11-24
Source: Oil Price RSS
With the US in the midst of a gas demand boom driven by liquefied natural gas (LNG) projects and surge in electricity demand amid the steady buildout of data centers, the Western Haynesville has increasingly garnered attention as a promising source of future supply. The area, located roughly 150 miles... Read more
Published on: 2025-11-24
Source: Oil Price RSS
Markets expect choppy pre-holiday trading as peace discussions advance but remain uncertain.... Read more
Published on: 2025-11-24
Source: Rigzone RSS
Abu Dhabi National Oil Co. will maintain spending at $150 billion over the next five years.... Read more
Published on: 2025-11-24
Source: Rigzone RSS
Saudi Arabia's AlKhorayef Group has started preparations for a potential listing of its oil and gas services subsidiary, according to people familiar with the matter.... Read more
Published on: 2025-11-24
Source: Rigzone RSS
North America added 12 rigs week on week, according to Baker Hughes' latest North America rotary rig count.... Read more
Published on: 2025-11-24
Source: Rigzone RSS
'Offshore oil and gas production does not happen overnight - it takes years of planning, investment, and hard work before barrels reach the market', U.S. Secretary of the Interior Doug Burgum said. ... Read more
Published on: 2025-11-24
Source: Rigzone RSS
The cost of hiring an oil supertanker on a benchmark route spiked to the highest in more than five years.... Read more
Published on: 2025-11-24
Source: Rigzone RSS

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