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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

Energy Stocks Flip the Script in Early 2026
The U.S. stock market finished strongly in the green in 2025, with the broad market benchmark, S&P 500, returning 16.4%, marking its third straight year of double-digit gains. Interestingly, all 11 market sectors finished in the green, underscoring the broad market momentum. Not surprisingly, the tech sector topped the performance... Read more
Published on: 2026-01-15
Source: Oil Price RSS
When Oil Falls but Exxon and Chevron Don’t
Despite a 20% slump in oil prices in 2025, the world’s biggest international oil firms saw their stocks rise by 4% to 18%, breaking the correlation between crude prices and oil stocks. Last year, investors appreciated the returns that were kept despite the oil price slide. They also cheered the... Read more
Published on: 2026-01-15
Source: Oil Price RSS
BP’s Massive Impairment Signals Bad Times for Net-Zero Spending
This week, BP announced it would take a $4–$5 billion hit to its Q4 earnings from winding down its energy transition business. The announcement followed a similar one from Ford, which said in December it would incur $19.5 billion in losses due to a substantial curtailment of its EV plans.... Read more
Published on: 2026-01-15
Source: Oil Price RSS
Permian Basin Economy Slows Under the Shadow of Cheap Venezuelan Oil
The United States is rushing to sell off millions of barrels of Venezuelan oil after the Trump administration ousted and detained leader Nicholas Maduro on January 3. Trump has been extremely vocal of his plans to capitalize on Venezuela’s oil reserves – the largest in the world – and build... Read more
Published on: 2026-01-15
Source: Oil Price RSS
Russia’s Oil Revenue Slump Hits Budget Where It Hurts
Russia’s oil-and-gas budget suffered a painful blow in 2025. Revenues from the sector fell 24% to 8.48 trillion roubles, the weakest showing since 2020. That matters because oil and gas still bankroll roughly a quarter of the federal budget, and that budget is being chewed up by defense and security... Read more
Published on: 2026-01-15
Source: Oil Price RSS
Oil Falls Sharply as US Pauses Iran Action
Crude retreated as signs of reduced geopolitical risk outweighed recent bullish momentum and options-driven volatility.... Read more
Published on: 2026-01-15
Source: Rigzone RSS
Hamm Says Oil Producers Need Guarantees to Work in VEN
Shale billionaire Harold Hamm said oil companies need guarantees that their assets won't someday be seized by Venezuela if they help revive the nation's crude production.... Read more
Published on: 2026-01-15
Source: Rigzone RSS
UK Output Rises Marginally, but Analysts See Little Momentum
The UK economy grew more than expected in November last year, official data has shown, reflecting businesses’ nerves about Rachel Reeves’ Budget measures.  New Office for National Statistics (ONS) figures showed growth in the UK economy inching up Business analysts warned over several months that pre-Budget speculation had dampened spending and investment... Read more
Published on: 2026-01-15
Source: Oil Price RSS
Chapo Sees Total LNG Project Restart Within Weeks
Mozambican President Daniel Chapo expects TotalEnergies SE's $20 billion liquefied natural gas project to restart as early as this month.... Read more
Published on: 2026-01-15
Source: Rigzone RSS
Analyst Explains Why Feb NatGas Contract Collapsed Wednesday
Eli Rubin, an energy analyst at EBW Analytics Group, highlighted that the February natural gas contract 'collapsed' yesterday.... Read more
Published on: 2026-01-15
Source: Rigzone RSS
ENAP Secures Deal to Use Oxiquim Terminal
'The agreement is consistent with ENAP's recent announcement to consolidate its logistics business as a key pillar of the company, incorporating strategic partners and high service standards'.... Read more
Published on: 2026-01-15
Source: Rigzone RSS
Petrofac Urges Creditors to Agree 'Compromise' to Clear CBI Sale
Petrofac called on certain creditors to agree on a 'voluntary arrangement' regarding their claims, to allow the British energy engineering company to proceed with a recent agreement to sell its Asset Solutions business to CB&I.... Read more
Published on: 2026-01-15
Source: Rigzone RSS

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