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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

Uniper Gets Tolling Rights for 30 MW Arneburg Battery
Neoen signed a seven-year deal granting Uniper the full tolling rights for the 30-megawatt/78-MW-hour Arneburg Battery in Saxony-Anhalt, Germany.... Read more
Published on: 2026-01-11
Source: Rigzone RSS
China’s Gas Growth Casts a Shadow over LNG Demand
China is boosting domestic natural gas production, and it is doing it fast. A major LNG consumer—and importer—the country has been key in LNG demand forecasts. Now, these forecasts will need to be revised. Less than ten years ago, China was struggling to get its domestic gas production off the... Read more
Published on: 2026-01-10
Source: Oil Price RSS
Why the U.S. and China Are Taking Opposite Sides in the Energy Transition
Global economies are increasingly splitting into two opposing camps when it comes to energy policy. While many nations are moving toward electrification and installing record-breaking amounts of clean energy capacity, other nations – most notably the United States, the world’s biggest economy – are installing more fossil fuels than ever... Read more
Published on: 2026-01-10
Source: Oil Price RSS
Senators Target Big Tech as Data Centers Drive Utility Rates Higher
For months, anger has been building in the communities that are involuntarily footing the bill for the AI boom. As data center clusters pop up around the globe to feed AI’s massive and growing computational needs, nearby communities are seeing their utility bills skyrocket, even if they themselves don’t benefit... Read more
Published on: 2026-01-10
Source: Oil Price RSS
Tidal Energy Emerges as a Grid-Stabilizing Force
Tidal energy is gradually growing in popularity as companies worldwide invest in innovative clean energy solutions in the pursuit of a green transition. Unlike solar and wind energy, tidal power is highly reliable. In the past, the slow uptake of tidal power technology has made some companies wary of investing... Read more
Published on: 2026-01-10
Source: Oil Price RSS
What the Market Gets Wrong about Renewables
US power markets are still underestimating the economically disruptive role of renewables in power generation. According to a German study released last week (Weidlich, et al, 2025 “Base load power plants are not essential for future power systems”, Cell Reports Physical Sciences), their next target or victim could be base... Read more
Published on: 2026-01-10
Source: Oil Price RSS
Lithium Has Become a National Security Priority for the United States
As the world races to mine and refine more lithium, the United States has big production plans to boost self-sufficiency and reduce its reliance on China. President Trump aims to rapidly expand the United States’ mining sector during his second term in office, to begin developing a wide array of... Read more
Published on: 2026-01-10
Source: Oil Price RSS
Venezuela Oil Being Held at Sea Swells
The volume of Venezuelan crude floating at sea has spiked to the highest level in more than three years.... Read more
Published on: 2026-01-10
Source: Rigzone RSS
Iran Turmoil Pushes Oil to Weekly Gain Streak
Oil prices rose for a third week as unrest in Iran heightened geopolitical risk.... Read more
Published on: 2026-01-09
Source: Rigzone RSS
Russia's Crude Output in December Made Deep Plunge
Russia's crude oil production plunged by the most in 18 months in December.... Read more
Published on: 2026-01-09
Source: Rigzone RSS
Texas Oil, Gas Industry Employed Nearly 500K Texans in 2025
The Texas oil and natural gas industry employed 495,501 Texans last year, according to TXOGA's 2025 Energy and Economic Impact report.... Read more
Published on: 2026-01-09
Source: Rigzone RSS
Burgum Says VEN Oil Revival Won't Rely on Funding From USA
The Trump administration is unlikely to provide financial support to help U.S. oil companies revitalize Venezuela's oil sector, Interior Secretary Doug Burgum said Friday.... Read more
Published on: 2026-01-09
Source: Rigzone RSS

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