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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 new U.S. federal government, unlike the last one, is a big fan of liquefied natural gas. It is an even bigger fan of cementing the country’s top position as LNG supplier to the world. Yet while this may seem easy enough, it is actually fraught with challenges. The two... Read more
Published on: 2025-02-22
Source: Oil Price RSS
Despite Europe being home to some of the world’s biggest automakers, many of whom have developed several electric vehicle (EV) models, China is quickly becoming the global leader in EV manufacturing. Favourable government policies, easy access to critical minerals and battery technology, and low-cost manufacturing capabilities have spurred the development... Read more
Published on: 2025-02-22
Source: Oil Price RSS
The Kremlin's war on Ukraine has dented the vehicle stocks of the Russian military, which has increasingly relied on civilian trucks since its full-scale invasion three years ago this month -- including for the transport of equipment and personnel. U.S. and EU sanctions imposed not long after the February 2022... Read more
Published on: 2025-02-22
Source: Oil Price RSS
As the U.K. undergoes a massive energy transformation under the Labour government, there are high hopes for developing widescale clean energy projects, including nuclear power. As well as ambitious plans to deploy vast amounts of renewable energy, such as wind and solar power, and overhaul the country’s transmission infrastructure, U.K.... Read more
Published on: 2025-02-22
Source: Oil Price RSS
This year, the world will generate more nuclear energy than it ever has before. “The market, technology and policy foundations are in place for a new era of growth in nuclear energy over the coming decades,” the International Energy Agency (IEA) wrote in a report published last month. This nuclear... Read more
Published on: 2025-02-22
Source: Oil Price RSS
Exxon's developments off the coast of Guyana have turned the South American nation into the world's fastest-growing major oil producer.... Read more
Published on: 2025-02-22
Source: Rigzone RSS
A couple of years ago the offshore drilling-OSD, industry appeared to be on the cusp of a significant rebound. Shares of the big drilling contractors reached post-Covid highs as day rates for high spec, 7th Generation drill ships crested $450K. Positive cash flow began to accrue, and EPS forecasts rose,... Read more
Published on: 2025-02-21
Source: Oil Price RSS
Japan's largest gas utility has been under Elliott's scrutiny since last year.... Read more
Published on: 2025-02-21
Source: Rigzone RSS
Oil fell over 2% as a key technical breach and potential Iraqi supply increase pressured prices, while OPEC+ considers delaying production hikes.... Read more
Published on: 2025-02-21
Source: Rigzone RSS
The U.S. continues to pursue the mineral deal.... Read more
Published on: 2025-02-21
Source: Rigzone RSS
Crude oil stocks, not including the SPR, stood at 432.5 million barrels on February 14, according to the EIA.... Read more
Published on: 2025-02-21
Source: Rigzone RSS
Cheniere produced the first cargo from a project expanding the Corpus Christi LNG terminal in the namesake Texan city.... Read more
Published on: 2025-02-21
Source: Rigzone RSS

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