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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 Critical Failure Point in Modern High-Efficiency Solar Cells
There is a specific, sharp smell that hits you when walking through a high-volume solar module assembly line. It isn’t the clean, clinical scent of silicon or the metallic tang of glass. It’s the sweet, cloying odor of heated ethylene vinyl acetate (EVA)... the industrial-grade "hot glue" that essentially holds... Read more
Published on: 2025-12-24
Source: Oil Price RSS
Oil Holds Steady in Thin Christmas Eve Trade
Oil prices were little changed in thin Christmas Eve trading as geopolitical risks offset oversupply fears.... Read more
Published on: 2025-12-24
Source: Rigzone RSS
The 12 Crucial Shifts That Will Define AI in 2026
A year of building an AI business has given Lewis Liu a lot to think about. He gives us his 12 AI assumptions to live by in 2026 ‘Tis the season for 2026 predictions, a ritual I usually hate. Every December, pundits confidently forecast the future, only to forget their... Read more
Published on: 2025-12-24
Source: Oil Price RSS
Russia Bombards Kyiv as Zelenskyy Warns of Christmas Strikes
Russia carried out a series of overnight air attacks on Kyiv and key energy infrastructure targets as President Volodymyr Zelenskyy warned Ukrainians to prepare for the possibility of Christmas Day strikes. Ukrainian air defense officials said Russian troops were carrying out a combined attack using cruise missiles and strike drones... Read more
Published on: 2025-12-24
Source: Oil Price RSS
Kinder Morgan, Phillips 66 to Launch New Open Season for Western Gateway
The partners closed the initial open season for the proposed refined products pipeline from Texas to Arizona and scheduled another open season next month.... Read more
Published on: 2025-12-24
Source: Rigzone RSS
Sable Wins Federal Nod to Restart California Pipeline
The move follows last week's determination by the regulator that portions of the key oil conduit, the Las Flores Pipeline System, is under the domain of the federal government and not California.... Read more
Published on: 2025-12-24
Source: Rigzone RSS
Reliance Resumes Russian Oil Imports from Nonsanctioned Suppliers
India's Reliance resumed purchases of discounted Russian crude, sourcing barrels from non-sanctioned suppliers and routing them to its refinery in Gujarat, according to people with knowledge of the matter.... Read more
Published on: 2025-12-24
Source: Rigzone RSS
A Big End to the Year for BP
BP is closing out the year with a flurry of moves that underline a decisive shift in strategy, marked by major portfolio changes, a leadership transition, and continued momentum in upstream project delivery. The company has agreed to sell a majority stake in its Castrol lubricants business, one of BP’s... Read more
Published on: 2025-12-24
Source: Oil Price RSS
Venezuela’s Oil Exports Begin to Feel the Weight of Enforcement
Politics, Geopolitics & Conflict U.S. actions around Venezuelan oil exports are now affecting actual flows. Chasing a third tanker in less than two weeks has made shippers more cautious and reduced the number of willing buyers. Loadings are slowing. Insurance and scheduling risk are rising. If this continues, exports fall... Read more
Published on: 2025-12-24
Source: Oil Price RSS
Syria’s Slow Return to Energy Diplomacy
Over the past week, several oil and gas-related engagements involving Syria have surfaced, but none constitute an investment or production deal. Saudi contractor ADES has confirmed discussions around gas-sector service and maintenance work. Syria and Iraq have publicly acknowledged renewed technical talks on reviving the Kirkuk–Baniyas pipeline as a possible... Read more
Published on: 2025-12-24
Source: Oil Price RSS
CBI to Acquire Petrofac Asset Solutions Business
The in-default British energy engineering company continues to explore options for its other assets following a failed financial restructuring.... Read more
Published on: 2025-12-24
Source: Rigzone RSS
CNOOC Makes 'Major' Oil Discovery in Bohai Sea
'This achievement challenges the conventional understanding that slope areas merely serve as pathways for hydrocarbons rather than sites for substantial accumulation'.... Read more
Published on: 2025-12-24
Source: Rigzone RSS

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