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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

Massive AI Data Center Sparks Backlash Despite Clean Energy Promises
As more governments put increasing pressure on tech companies to develop more sustainable data centres, to ensure they do not place a further burden on the grid, several tech firms are investing in developing new energy capacity and incorporating other innovative ideas into their facility development. This has led Google... Read more
Published on: 2026-11-01
Source: Oil Price RSS
U.S. Labs Look to New Materials to Close China's Nuclear Lead
The United States is racing to reestablish itself as a frontrunner in the global nuclear energy sector. While the country still maintains its status as the world’s largest nuclear power producer, it likely won’t be able to hold onto that accolade for long. China has vastly outspent the United States... Read more
Published on: 2026-11-01
Source: Oil Price RSS
Azerbaijan’s Renewable Energy Boom Is Transforming Its Power Sector
Azerbaijan, long known as a major oil and gas power, has ventured into renewable energy in recent years and is rapidly ramping up its capacity. As host of COP29, Azerbaijan’s government announced an ambitious climate target and encouraged other governments to do the same.  Renewable energy contributed 20 per cent... Read more
Published on: 2026-11-01
Source: Oil Price RSS
Chevron Raises Exploration Spending By 50%
After years of focusing on growing exploration and production in the U.S. Gulf of Mexico and the Permian shale basin, U.S. oil and gas supermajor Chevron returns to high-impact frontier exploration as it seeks to renew its portfolio with diverse opportunities globally. Exploration in South America, Africa, and the Eastern... Read more
Published on: 2026-10-31
Source: Oil Price RSS
U.S. Intelligence: China Could Put Laser Weapons in Space by 2030
A new United States intelligence report warns that China is developing energy weapons and spaceplanes that it could use for military operations in outer space, with the capability of using directed-energy weapons in orbit by the end of the 2020s. The US Defence Intelligence Agency (DIA) report, published on Sunday,... Read more
Published on: 2026-10-31
Source: Oil Price RSS
Jackdaw Approval Sparks Fierce Debate Over Britain's Energy Future
The United Kingdom approved the development of the Jackdaw North Sea gas field on the 21st of October following years of legal battles and political uncertainty. Jackdaw is a large offshore natural gas field in the North Sea, owned by Adura, a joint venture between Shell and Equinor, since 2025, located... Read more
Published on: 2026-10-31
Source: Oil Price RSS
EBW Warned of Faltering Gas Demand Heading into Holiday Weekend
EBW Energy Analyst Eli Rubin warned of 'faltering demand' heading into the President's Day holiday weekend.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
Gasoline-Starved California Turning to Fuel From Bahamas
U.S. supplies of gasoline are being shipped out of the country to travel thousands of miles via the Bahamas before finally ending up in California.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
North America Drops 6 Rigs Week on Week
North America dropped six rigs week on week, according to Baker Hughes' latest North America rotary rig count.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
Aramco Commits to 1 MMtpa for 20 Years from Commonwealth LNG
Aramco Trading signed a 20-year agreement to buy one million metric tons per annum of liquefied natural gas from the under-development Commonwealth LNG in Louisiana.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
Enbridge Q4 Profit Up YoY
Enbridge cited 'favorable gas transmission contracting' compared to the fourth quarter of 2024.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
Analyst Highlights Focus of IEW Event
IEW, which was hosted by the Energy Institute, took place from February 10-12 at the QEII Center in London.... Read more
Published on: 2026-02-16
Source: Rigzone RSS

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