Press Room

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

U.S. Oil Reserve Refill Pushed Back Seven Months
Crude oil deliveries to the strategic petroleum reserve will be delayed by seven months due to maintenance, the Department of Energy has said. The previous administration had scheduled the addition of 15.8 million barrels into the SPR in the first five months of this year but since January, only 8.8... Read more
Published on: 2025-06-27
Source: Oil Price RSS
Oil Prices Set For Weekly Loss as War Premium Evaporates
Crude oil prices were set to end the week lower than they started it as Israel and Iran stopped bombing each other, alleviating fears of a supply disruption in the Middle East. At the time of writing, Brent crude was trading at $68 per barrel, with West Texas Intermediate at... Read more
Published on: 2025-06-26
Source: Oil Price RSS
China Records Hydropower Boom Amid Power Storage Push
Previously, we reported that the United States is witnessing a power storage boom, with a 15-fold increase in utility-scale battery storage capacity since 2020 to nearly 30,000 megawatts (30 GW). Nineteen states have installed at least 100 MW of utility-scale battery storage, driven largely by falling battery costs. However, this... Read more
Published on: 2025-06-26
Source: Oil Price RSS
Scientists Pitch $117 Trillion Wind-Solar Super Network
The ongoing transition from baseload power generation to weather-dependent sources of electricity has proven quite challenging due to this dependence. Now, a team of scientists says the challenges are not insurmountable. We just need to build a globally interconnected system of wind and solar. It sounds like a huge undertaking... Read more
Published on: 2025-06-26
Source: Oil Price RSS
Equinor and Partners Approve $2 Billion Fram Sør Project
A new oil and gas project in the North Sea has been greenlit by Norwegian oil major Equinor and its Fram partners, which plan to invest NOK 21 billion or USD$2 billion. Equinor Energy owns 45 percent of the Fram Sør project, Vår Energi ASA holds 40 percent and INPEX... Read more
Published on: 2025-06-26
Source: Oil Price RSS
USA Allows Ethane Cargoes to Sail to China But Not Discharge
The Trump administration has eased recent export limits on a critical petroleum product that's used to make plastics.... Read more
Published on: 2025-06-26
Source: Rigzone RSS
Brazil's Gas Demand Soars with New Thermal Plant
The recent commissioning of Brazil’s largest gas-fired thermal plant is set to raise the country’s annual gas consumption for power generation by at least 6 million cubic meters per day (MMcmd) from July to November – representing a 23% year-on-year rise. Gas Natural Acu’s (GNA) 1.7-gigawatt (GW) GNA II power... Read more
Published on: 2025-06-26
Source: Oil Price RSS
WTI Edges Up as OPEC+ Meeting Looms
Geopolitical tensions eased, but market uncertainty remains with sanctions, diplomacy, and OPEC+ talks in focus.... Read more
Published on: 2025-06-26
Source: Rigzone RSS
Carlyle, Diversified Energy to Jointly Invest Up To $2B in US PDP Assets
Diversified Energy and Carlyle formed a partnership to invest up to $2 billion in proven developed producing natural gas and oil assets across the U.S. ... Read more
Published on: 2025-06-26
Source: Rigzone RSS
Duke Energy Gets Emergency Authorization to Respond to Southeast Heat Wave
The DOE authorized Duke Energy Carolina to operate specific electric generating units within the company's area at maximum generation output levels.... Read more
Published on: 2025-06-26
Source: Rigzone RSS
BOEM Proposes Lease Sale in Gulf
The Bureau of Ocean Energy Management announced 'the publication of a Proposed Notice of Sale (PNOS) for an oil and gas lease sale in the Gulf of America'.... Read more
Published on: 2025-06-26
Source: Rigzone RSS
Iraq Says USA Company Among Bidders as It Plans First LNG Imports
Iraq, OPEC's second-biggest oil producer, doesn't have enough gas to operate its mostly gas-fired power plants and suffers from crippling blackouts every summer when demand peaks.... Read more
Published on: 2025-06-26
Source: Rigzone RSS

Our Instagram Latest News

Easy to Join. No Better Time to Invest. Let's Produce.

Register a user account on the Tunnel Investment Platform

BROWSE CURRENT OFFERINGS, SET UP YOUR ACCOUNT, & INVEST WHEN READY

TRACK THE PROGRESS AND PERFORMANCE OF YOUR INVESTMENT ON THE PLATFORM

Enter the Tunnel. Start Drilling Now.

View Current Opportunities

Offerings available only to accredited investors.

According to SEC regulations, an accredited investor is someone with a net worth exceeding $1 million (excluding the value of the person’s residence) or someone who has earned an income of $200,000 (or $300,000 for a married couple) in each of the prior two years, someone who holds a Series 7, 65 or 82 license.