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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

Russia Gears Up for New Nuclear Missile Test
It's been a busy few weeks up on the windswept Russian archipelago of Novaya Zemlya: people, earthmoving trucks, shipping containers, temporary housing, heavy-lift aircraft, helicopters, cargo ships. The activity shows up in satellite imagery, aircraft hazard notifications, ship transponder trackers, and open-source intelligence reporting at a time when long Arctic... Read more
Published on: 2025-08-30
Source: Oil Price RSS
How Europe is Redrawing its Energy Map
The European Union has signed a deal to import $750 billion worth of liquefied natural gas, oil and nuclear fuels from the United States by 2028. The agreement, announced on July 27 by U.S. President Donald Trump and EU Commission President Ursula von der Leyen, is part of a wider... Read more
Published on: 2025-08-30
Source: Oil Price RSS
Cuba’s Energy Crisis Deepens as Blackouts Grip the Nation
Cuba has been experiencing an energy crisis that has led residents to experience almost daily blackouts and gas cuts. Years of underinvestment in Cuba’s transmission network and power plants have led them to run below capacity, with the country’s energy supply falling far below its demand. In addition to localised... Read more
Published on: 2025-08-30
Source: Oil Price RSS
Fossil Fuel Air Pollution Linked to 91,000 U.S. Deaths Every Year
Air pollution from oil and gas causes as many as 91,000 premature U.S. deaths a year, according to a study published in Science Advances in August. Meanwhile, during a time when many governments are shifting to green, the U.S. government is doubling down on its fossil fuel production and has... Read more
Published on: 2025-08-30
Source: Oil Price RSS
EQT Offtakes 2 MMtpa for 20 Years from Port Arthur LNG Phase 2
EQT committed to buying two MMtpa for 20 years from Sempra's planned Port Arthur LNG Phase II project in Jefferson County, Texas.... Read more
Published on: 2025-08-30
Source: Rigzone RSS
Would Trump Actually Invade Venezuela?
After months of saber-rattling and harsh rhetoric, U.S. President Donald Trump dispatched military assets to Latin America to combat the narcotics trade. Three Arleigh Burke-class guided missile destroyers were sent to Caribbean waters off Venezuela, with Washington planning to send 4,000 marines to the region. The White House also issued... Read more
Published on: 2025-08-29
Source: Oil Price RSS
Azerbaijan's Leader Optimistic on Trump Peace Plan
In a wide-ranging television interview, Azerbaijani leader Ilham Aliyev asserted a key provision of the Trump peace plan for the Caucasus can be implemented quickly. The same cannot be said for the restoration of stable relations between Azerbaijan and Russia, he indicated. Aliyev spoke at length about the provisional peace... Read more
Published on: 2025-08-29
Source: Oil Price RSS
Namibia's Ambition to Become Oil Hotspot Tested by Wildcatter
It's still unclear how much oil Namibia has, and no discoveries have yet been declared commercial, though the government has estimated resources as high as 11 billion barrels. ... Read more
Published on: 2025-08-29
Source: Rigzone RSS
Oil Posts First Monthly Loss Since April
OPEC+ supply growth and slowing US economic outlook kept oil prices under pressure near $64 WTI.... Read more
Published on: 2025-08-29
Source: Rigzone RSS
ATCO Gets Key Approval for Yellowhead Gas Pipeline Project in Alberta
The Alberta Utilities Commission certified the need for the Yellowhead gas pipeline project of ATCO's Canadian Utilities.... Read more
Published on: 2025-08-29
Source: Rigzone RSS
Daenerys Discovery Is a Game Changer for Talos
'This is the company's largest discovery to date in the GoA', Wood Mackenzie Upstream Senior Research Analyst Miles Sasser said.... Read more
Published on: 2025-08-29
Source: Rigzone RSS
Kallas Touts Secondary Sanctions Against Russia
Secondary sanctions and measures aimed at Russia's energy sector would be most effective in curbing Moscow's ability to wage war against Ukraine, according to the EU's foreign policy chief, Kaja Kallas.... Read more
Published on: 2025-08-29
Source: Rigzone RSS

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