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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

Why China Is Driving Short-Term Oil Prices But OPEC Still Holds the Lever
For most of the past decade, oil markets have treated decisions by OPEC as the primary signal for price direction. That hierarchy is being tested, but not overturned. What has changed is where traders look for short-term cues. Increasingly, those cues are coming from China, not because Beijing controls supply,... Read more
Published on: 2025-12-27
Source: Oil Price RSS
Small Modular Reactors Are the Perfect Fit for Kazakhstan’s Power Grid
While Kazakhstan has big plans to develop its nuclear power capacity, the United States is helping Astana think small. The US government has agreed to help train Kazakh specialists in the operation of small modular nuclear reactors (SMRs), according to a statement issued December 22 by the US Embassy in... Read more
Published on: 2025-12-27
Source: Oil Price RSS
How Israel Is Reframing the Iran Threat
As Israeli Prime Minister Benjamin Netanyahu prepares to meet US President Donald Trump in Florida on December 29, the agenda centers on Iran -- with a twist. Israel is laser-focused on Iran’s ballistic missile program, which it views as the most urgent existential threat after the US-Israeli strikes severely damaged... Read more
Published on: 2025-12-27
Source: Oil Price RSS
Eneos Leads Bids for Chevron Stake in Singapore Refinery
Other suitors for the 50 percent stake in Singapore Refining Co include commodity giants Glencore and Vitol, according to people familiar with the matter.... Read more
Published on: 2025-12-27
Source: Rigzone RSS
National Oil Companies Quietly Set The Pace For The Next Decade
The prevailing structural theme right now is that national oil companies (NOCs), in some cases and across some segments, are moving faster than the majors, outspending them, beating them in locking up supply chains, and building cash cows faster for the future. You can see it directly in upstream spending... Read more
Published on: 2025-12-26
Source: Oil Price RSS
Texas Launches $350 Million Nuclear Energy Initiative
Texas Governor Greg Abbott has congratulated the Texas Legislature for passing House Bill 14, saying it will help revolutionize Texas’ energy sector and cement the state’s role in leading a nuclear power renaissance in the United States.   “Texas is the energy capital of the world, and this legislation will... Read more
Published on: 2025-12-26
Source: Oil Price RSS
Public Ownership Won’t Cure Power Market Volatility
There are at least two places, San Francisco and the mid-Hudson Valley in New York, where political activists are currently advocating for a public takeover of the local investor-owned utility. Pacific Gas and Electric is owned by utility holding company PG&E Corporation and the service territory of the former Central... Read more
Published on: 2025-12-26
Source: Oil Price RSS
Oil Slides on Ukraine Deal Prospects
Oil fell sharply as traders weighed Ukraine peace talks that could unlock more Russian supply.... Read more
Published on: 2025-12-26
Source: Rigzone RSS
New Era Energy and Digital to Fully Take Over Texas Data Center Project
New Era secured a deal to buy Sharon AI's 50 percent stake in their equally owned Texas Critical Data Centers project, an under-development power and AI data center site in Ector County.... Read more
Published on: 2025-12-26
Source: Rigzone RSS
Russian Deputy PM Says Sanctions Delay LNG Expansion
Russia's ambitions to triple its annual liquefied gas production have been pushed back by several years amid international sanctions, according to Deputy Prime Minister Alexander Novak.... Read more
Published on: 2025-12-26
Source: Rigzone RSS
Hafnia Completes Acquisition of Stake in TORM
Hafnia consummated the purchase of nearly 14 percent of TORM from Oaktree Capital for $311.43 million.... Read more
Published on: 2025-12-26
Source: Rigzone RSS
Equinor Makes Discovery Near Tyrihans Field
'The licensees will assess the discovery with a view toward a potential production well from the same location, with production over Tyrihans to the Kristin installation'.... Read more
Published on: 2025-12-26
Source: Rigzone RSS

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