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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

Venezuela’s Oil Future Hinges on U.S. Tensions and Possible Regime Shift
Escalating tensions between the United States and Venezuela could lead to profound changes in the oil industry of the world’s largest crude resource holder. Any regime change of President Nicolas Maduro could be a game-changer for oil production in Venezuela, U.S. access to Venezuela’s heavy crude fit for U.S. Gulf... Read more
Published on: 2025-12-13
Source: Oil Price RSS
How White Hydrogen and Carbon Mineralization Could Decarbonize Industry
In the remote geology of western Newfoundland, a specific formation of ancient oceanic crust is shifting from a subject of academic study to a target for industrial decarbonization. The region’s ophiolite belts, sections of Earth’s mantle pushed onto land, are drawing attention for their theoretical ability to produce low-cost hydrogen... Read more
Published on: 2025-12-13
Source: Oil Price RSS
The New Power Rules Driving Europe's Battery Storage Boom
The economics of battery storage systems (BESS) in Europe look much rosier following changes to the European Union’s (EU) power pricing structure in October, with several countries offering the potential for BESS profits to rise more than a 15%, according to Rystad Energy analysis. The new EU system sets power... Read more
Published on: 2025-12-13
Source: Oil Price RSS
U.K. Sets Stage for a Nuclear Rebuild With Ambitious 2026 Expansion Plans
The United Kingdom has big plans for its nuclear sector, with the construction of two conventional nuclear plants underway and plans to develop small modular reactor (SMR) technology. France’s EDF Energy is managing the development of the Hinkley Point C power plant in Somerset and Sizewell C in Suffolk, while... Read more
Published on: 2025-12-13
Source: Oil Price RSS
OPEC Data Points to Balanced Global Oil Market in 2026
OPEC kept forecasts for global oil supplies and demand in 2026 steady.... Read more
Published on: 2025-12-13
Source: Rigzone RSS
Massless Structural Batteries Will Transform Vehicle Design
An electrified future is going to require a whole lot of batteries. Keeping our power grids stable and our cars running won’t only necessitate huge increases in production for current battery models, but it will also hinge on the development of new technologies that have better energy efficiency, quicker charging,... Read more
Published on: 2025-12-12
Source: Oil Price RSS
Sanctions Cloud Future of Turkey's Gas Deals with Iran and Turkmenistan
Turkish President Recep Tayyip Erdogan is traveling to Turkmenistan for festivities December 12 marking the Central Asian state’s 30th anniversary of neutrality. While in Ashgabat, Erdogan will also hold talks with Turkmen leaders likely focusing on the topic of natural gas supplies. Speaking to reporters earlier in December, Turkish Energy... Read more
Published on: 2025-12-12
Source: Oil Price RSS
Oil Drifts Lower Despite Geopolitical Tensions
Thin holiday trading and rising bearish bets pushed crude toward the bottom of its recent range.... Read more
Published on: 2025-12-12
Source: Rigzone RSS
Harbour Energy to Buy Waldorf Subsidiaries for $170MM
Harbour Energy shares gained as much as 7.6 percent in London trading, the most since August.... Read more
Published on: 2025-12-12
Source: Rigzone RSS
Analyst Looks at Natural Gas Price Moves
'Yesterday's 177 billion cubic foot withdrawal did little to stop the massive sell-off in natural gas', EBW Analytics Group Energy Analyst Eli Rubin said.... Read more
Published on: 2025-12-12
Source: Rigzone RSS
New Supertankers Sail Empty to Collect Oil
A shortage of oil tankers is becoming so acute that newly built vessels, which usually carry refined fuels on their maiden voyages, are instead racing empty to pick up crude as soon as possible. ... Read more
Published on: 2025-12-12
Source: Rigzone RSS
EIA Ups Brent Price Forecast, Still Sees Drop in 2026
In its latest STEO, the EIA increased its Brent price forecast for 2025 and 2026 but still projected that the commodity will drop next year compared to 2025.... Read more
Published on: 2025-12-12
Source: Rigzone RSS

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