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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

Trump's Hardline Approach Pays Off in Xi Jinping Meeting
A key lesson was learned by U.S. President Donald Trump following his landmark meeting on 30 October with Chinese counterpart Xi Jinping: that the hardline approach he has adopted in his second term in the top job, characterised by quickly-implemented tariffs and sanctions, has worked well and he should stick... Read more
Published on: 2025-11-03
Source: Oil Price RSS
The Hydrogen Economy Is Here, But Challenges Remain
Much of the hydrogen discourse over the past decade has been aspirational: visions of a clean hydrogen economy, deep decarbonization of industry and transport, and futuristic power systems built around electrolysis. In many of my earlier pieces on OilPrice, I warned that hydrogen was entering a “reality phase” — where... Read more
Published on: 2025-11-03
Source: Oil Price RSS
Oil Holds Steady on OPEC+ Pause
Oil prices were little changed as OPEC+ announced a pause in output hikes next quarter due to expected weaker demand.... Read more
Published on: 2025-11-03
Source: Rigzone RSS
Kyiv Links Ukrainian Attacks on Russia To Surge in Western Oil Earnings
Ukraine’s defence agencies are claiming that their campaign of strikes on Russian oil infrastructure, combined with Western sanctions, are indirectly benefiting major Western oil companies. According to The Kyiv Independent, Ukraine’s military and energy officials attribute rising refining margins at ExxonMobil, Chevron, Shell, and TotalEnergies to disruptions in Russian oil-product... Read more
Published on: 2025-11-03
Source: Oil Price RSS
Adnoc CEO Says AI Raises Energy Investment Needs to $4T
The global energy industry needs annual investment of $4 trillion as the boom in data centers and artificial intelligence increases demand, according to Sultan Al Jaber.... Read more
Published on: 2025-11-03
Source: Rigzone RSS
Why Are Seattle Drivers Paying So Much More for Gas?
Gas prices are falling across much of the United States, but Seattle drivers are still paying a premium, according to Fox 13 Seattle. The national average for a gallon of gas is $3.066. In Washington state, the average jumps to $4.388 per gallon. In the Seattle–Bellevue–Everett metro area, the price... Read more
Published on: 2025-11-03
Source: Oil Price RSS
SM Energy, Civitas Resources Announce $12.8 Billion Merger
SM Energy and Civitas Resources announced an all-stock merger valued at about $2.8 billion in equity, or $12.8 billion including debt, creating one of the largest independent U.S. shale producers by output and acreage.  Bloomberg reported that under the agreement, Civitas shareholders will receive 1.45 shares of SM Energy for... Read more
Published on: 2025-11-03
Source: Oil Price RSS
China Has Retained Its Grip on Rare Earths Despite a U.S. Trade Truce
Back in 2019, the United States had a dust-up with China regarding trade and tariffs, and as part of its response, China threatened to reduce the export of rare earth elements (REEs) essential for many civilian and military electronics.  The Chinese, then as now, held a dominant position in the... Read more
Published on: 2025-11-03
Source: Oil Price RSS
Ukraine Claims Strike at Rosneft's Saratov Refinery
Ukraine claimed another strike at a key Rosneft PJSC refinery in southwestern Russia.... Read more
Published on: 2025-11-03
Source: Rigzone RSS
BP Dubs Initial Results at Bumerangue 'Extremely Encouraging'
'We are still in the exploration phase for Bumerangue, however, initial results and analysis are extremely encouraging', said Gordon Birrell, BP's executive vice president for production and operations.... Read more
Published on: 2025-11-03
Source: Rigzone RSS
ADNOC, Masdar Pen AI Collaboration with Microsoft
The Emirati state-owned companies signed a cooperation agreement with Microsoft for AI deployment across ADNOC's operations and the delivery of energy solutions to support the U.S. tech giant's AI and data center growth.... Read more
Published on: 2025-11-03
Source: Rigzone RSS
Imperial Sets Quarterly Production Record
The Canadian oil sands producer reported 462,000 gross barrels of oil equivalent per day in average production in the third quarter.... Read more
Published on: 2025-11-03
Source: Rigzone RSS

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