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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 Oil Market Surplus May Be Smaller Than Feared
Oil market forecasters such as the International Energy Agency (IEA) may have been too pessimistic about supply-demand balances in their latest assessments, which show a large surplus for 2025.   Actual global oil inventory trends in the third quarter look much more bullish than the IEA’s balances and projections, the... Read more
Published on: 2024-11-20
Source: Oil Price RSS
This Little-Known Metal Just Exploded 200%, Here are 2 Ways To Play It
Antimony, a silvery-white metalloid, might not be a household name, but it plays a crucial role in our modern world.  It's a key ingredient in military tech, batteries, and semiconductors.And now, a global antimony crisis may be looming as demand far outstrips supply... This obscure metal has become a strategic... Read more
Published on: 2024-11-20
Source: Oil Price RSS
Is The U.S. Going To Bring This Multi-Billion Iraq Project To Fruition?
Among the many projects in Iraq’s energy sector that could each make it much-needed billions of dollars a year in profits, the Nebras Petrochemical Plant is around the top of the list in terms of its potential. British supermajor Shell signed the original memorandum of understanding to develop the idea... Read more
Published on: 2024-11-20
Source: Oil Price RSS
Expect a US LNG Boom in the Second Half of 2025
The future of the United States natural gas sector hangs in the balance as a cluster of competing variables cloud the crystal ball. The upcoming regime change in the United States is certain to significantly reshape domestic production, consumption, and export trends but myriad global factors make exact projections tricky.... Read more
Published on: 2024-11-20
Source: Oil Price RSS
Biden's Move on Venezuela Leaves Trump Little Room to Cut a Deal
Nicolas Maduro was hoping for a 'fresh start' with the U.S. under Donald Trump.... Read more
Published on: 2024-11-20
Source: Rigzone RSS
US LNG Feedgas On Track For 10-Month High
The volume of natural gas flowing to the United States' seven liquefied natural gas (LNG) export plants was on track to hit a 10-month high on Wednesday, according to data from financial firm LSEG. The surge in feedgas was partly chalked up to flows to Venture Global LNG's Plaquemines plant... Read more
Published on: 2024-11-20
Source: Oil Price RSS
Fed Rate Cuts Ignite Construction Boom
Via Metal Miner The Construction MMI (Monthly Metals Index) managed to break out of its sideways trend, moving up by 6.73%. Construction news indicates that the market could see more bullish sentiment if the Fed continues its dovish stance on interest rates, dropping them steadily (get weekly updates on macroeconomic... Read more
Published on: 2024-11-20
Source: Oil Price RSS
Geopolitical Tensions Offset by US Oil Inventory Build
Oil prices fell after US crude stockpiles rose, dampening the rally sparked by escalating geopolitical tensions between Russia and Ukraine.... Read more
Published on: 2024-11-20
Source: Rigzone RSS
Natural Gas Prices Surge to Highest Levels Since June
Rigzone talks to several analysts about the natural gas price rise. ... Read more
Published on: 2024-11-20
Source: Rigzone RSS
DT Midstream to Acquire 3.7 Bcfd Midwest Pipelines from ONEOK
Expected to close by yearend or early 2025, the transaction involves 1,300 miles of gas pipelines straddling seven states 'in the attractive Midwest market region'.... Read more
Published on: 2024-11-20
Source: Rigzone RSS
China's Surging LNG Imports from USA Threatened by Next Trade War
The U.S. has boosted sales of liquefied natural gas to China this year.... Read more
Published on: 2024-11-20
Source: Rigzone RSS
JP Morgan Reveals Greatest Threat to USA Shale Sector
J.P. Morgan analysts highlighted that America is not lacking in oil.... Read more
Published on: 2024-11-20
Source: Rigzone RSS

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