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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

Tesla Wins License to Supply Electricity Across the UK
Tesla has been granted approval to supply electricity to homes and businesses across the UK, opening the door for the electric vehicle giant to enter the country’s retail energy market. Energy regulator Ofgem confirmed on Thursday that Tesla Energy Ventures Limited, a subsidiary of Musk’s company, has been granted an... Read more
Published on: 2026-03-12
Source: Oil Price RSS
Fujairah Oil Terminals Resume Operations After Drone Attack
Operations at the United Arab Emirates’ key oil storage and bunkering hub in Fujairah are gradually returning to normal after attacks earlier this week disrupted loading activities at several terminals. Most storage terminals and berths at the Fujairah Oil Tanker Terminal (FOTT) are now operating again, according to trade and... Read more
Published on: 2026-03-12
Source: Oil Price RSS
How War in Iran Could Cripple the Global Digital Economy
The semiconducting industry is in trouble, which means the global economy is in trouble. The sector that creates the computer chips that increasingly power our world requires a huge amount of resources to operate efficiently, including a number of different critical minerals and a whole lot of energy. And those... Read more
Published on: 2026-03-12
Source: Oil Price RSS
Ukraine Hits Major Oil Export Pipeline Hub in South Russia
Ukraine on Thursday hit in a drone attack a key pipeline hub of Russia’s crude oil exports in the southern region of Krasnodar as Kyiv intensifies strikes on Russian energy and military infrastructure. The pipeline terminal at Tikhoretsk, which hosts a major oil depot and a pumping station, was hit... Read more
Published on: 2026-03-12
Source: Oil Price RSS
Iraq to Hold Oil Output Near 1.4 Million Bpd as War Strangles Exports
Iraq will maintain crude oil production at roughly 1.4 million barrels per day as the war disrupting the Persian Gulf continues to cripple the country’s export routes, Oil Minister Hayan Abdel-Ghani said Thursday, according to the state news agency. The figure represents a dramatic collapse from Iraq’s normal production levels.... Read more
Published on: 2026-03-12
Source: Oil Price RSS
Pakistan’s War With Afghanistan Could Redraw the Region’s Security Map
Exploiting Afghan territory for training, recruitment, and cross-border operations, these groups have claimed hundreds of Pakistani lives in recent years. The relationship between Pakistan and Afghanistan has long been shaped by mutual grievances. Pakistan supported the Taliban during the 1990s and throughout the post-2001 insurgency in Afghanistan. However, relations have... Read more
Published on: 2026-03-12
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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