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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

Nuclear Stocks Crash, With A Potential Payoff Still Years Away
Over the past couple of years, uranium and nuclear energy markets have enjoyed a renaissance thanks to surging global power demand and the global energy crisis triggered by Russia’s war in Ukraine. Uranium is no longer trading on legacy sentiment, with prices moving more on fundamentals characterized by tight physical... Read more
Published on: 2025-11-17
Source: Oil Price RSS
LNG Exports Will Drive Explosion in U.S. Natural Gas Consumption
The expected surge in liquefied natural gas export capacity in the United States is on course to boost gas consumption significantly, from around 18 billion cu ft right now to as much as 40 billion cu ft—and that 18 billion cu ft is already an all-time high. The United States... Read more
Published on: 2025-11-17
Source: Oil Price RSS
Iran’s Hidden Nuclear Push Resumes Under Pickaxe Mountain
Iran is blocking the International Atomic Energy Agency (IAEA) from inspecting multiple sites of interest in its nuclear weapons development programme, a senior source in the European Union’s (E.U.’s) security complex exclusively told OilPrice.com late last week. “These include the major sites targeted during the U.S. and Israeli strikes on... Read more
Published on: 2025-11-17
Source: Oil Price RSS
From Oil Giant to Mining Superpower—Saudi Arabia’s Next Big Move
In the coming days, the media will push themes related to the upcoming meeting between Saudi Crown Prince Mohammed bin Salman (MBS) and US President Trump in Washington. While most will be looking at the possibilities of Saudi investments in US LNG via Aramco or defense deals, Saudi Arabia’s mineral... Read more
Published on: 2025-11-17
Source: Oil Price RSS
Egypt Secures Another Western Desert Gas Find
A new gas discovery in Egypt’s Western Desert has added another timely boost to the country’s strained upstream portfolio. The well, identified as Gomana-1, encountered several gas-bearing intervals based on electric-log data, with early tests indicating output of around 36 million cubic feet per day, according to the Daily News... Read more
Published on: 2025-11-17
Source: Oil Price RSS
UK Court Finds BHP Liable for Brazil’s Worst Environmental Disaster
Mining giant BHP has been found liable for a dam disaster under both environmental law and the Brazilian civil code, in a significant ruling handed down by the High Court. The case stems from a deadly dam disaster in Brazil. On 5 November 2015, the Fundao dam in the south-eastern... Read more
Published on: 2025-11-17
Source: Oil Price RSS
Oil Slips as Russia Port Reopens
Oil ticked lower as Russian port activity resumed despite wider geopolitical tensions.... Read more
Published on: 2025-11-17
Source: Rigzone RSS
Petroperu Revamps Board
Luis Canales Galvez was named chairman and president and the board of directors was overhauled.... Read more
Published on: 2025-11-17
Source: Rigzone RSS
New Era Posts $4.2MM Q3 Operating Loss amid Transition
New Era reported over $4.2 million in losses from operations for the third quarter as it winds down assets toward becoming an integrated power and digital infrastructure company.... Read more
Published on: 2025-11-17
Source: Rigzone RSS
Enbridge Approves $1.4B Mainline Upgrade
The project aims to add 150,000 bpd of capacity to the Canada-U.S. liquids pipeline and up to 100,000 bpd to FSP.... Read more
Published on: 2025-11-17
Source: Rigzone RSS
Trump Backs Bill to Sanction Russia Trade Partners
'The Republicans are putting in legislation that is very tough sanctioning, etcetera, on any country doing business with Russia', the U.S. president said.... Read more
Published on: 2025-11-17
Source: Rigzone RSS
Ukraine Attacks Russian Black Sea Oil Port
Ukrainian forces carried out an attack on a major Russian Black Sea port overnight, prompting a state of emergency, as Moscow launched a widespread air strike on Kyiv that killed at least six and damaged residential buildings.... Read more
Published on: 2025-11-17
Source: Rigzone RSS

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