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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

Beijing’s Silence Is Fueling the Hormuz Crisis
Even though the Xi–Trump summit in Beijing was supposed to project stability, the outcome was clearly the opposite. In real terms, the meeting could ultimately be remembered as the moment the world began to understand that there is no viable great-power strategy to contain the Iran war or to reopen... Read more
Published on: 2026-05-16
Source: Oil Price RSS
Big Oil Rushes Into Argentina’s Vaca Muerta Shale
Local and international energy companies are vying for additional exploration blocks in Argentina’s Vaca Muerta shale basin as the Middle East crisis and the blocked Strait of Hormuz are reigniting a global race to tap resources outside conflict zones.     What was a predominantly U.S. business until a few years... Read more
Published on: 2026-05-16
Source: Oil Price RSS
China’s Battery Breakthrough Could Challenge Lithium-Ion Dominance
Researchers have been exploring the use of different technologies to improve battery storage as part of the race to accelerate the deployment of renewable energy and shift away from fossil fuels. While lithium-ion batteries have significant potential to support utility-scale energy storage, their heavy reliance on lithium has encouraged researchers... Read more
Published on: 2026-05-16
Source: Oil Price RSS
Turkey and Armenia Move Closer to Historic Normalization Deal
Turkey and Armenia have taken a major stride in settling their historical differences, agreeing on a bureaucratic framework to promote direct trade between the two states. The Turkish Foreign Ministry announced on May 13 that Ankara had approved streamlined regulations for goods moving to/from Turkey and Armenia via third countries.... Read more
Published on: 2026-05-16
Source: Oil Price RSS
The Fertilizer Shock That Could Trigger a Global Food Crisis
Following the United States-Israeli attack on Iran and the ongoing war, trade has been severely disrupted between Asia and Europe. According to the International Energy Agency (IEA), the world is currently facing the worst oil disruption in history. The energy shortages felt over the last two and a half months... Read more
Published on: 2026-05-16
Source: Oil Price RSS
China Spent More on Clean Energy Than the Rest of the World Combined
China has been outspending the rest of the world on clean energy for years now, and new data shows that the investment is paying off in spades. Beijing’s lead in the global clean energy race is wider than ever, according to new figures from the research firm Atlas Public Policy.... Read more
Published on: 2026-05-15
Source: Oil Price RSS
EBW Warned of Faltering Gas Demand Heading into Holiday Weekend
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
Gasoline-Starved California Turning to Fuel From Bahamas
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 Drops 6 Rigs Week on Week
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 Commits to 1 MMtpa for 20 Years from Commonwealth LNG
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 Q4 Profit Up YoY
Enbridge cited 'favorable gas transmission contracting' compared to the fourth quarter of 2024.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
Analyst Highlights Focus of IEW Event
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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