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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

Can India Afford to Quit Coal?
India is the world’s biggest case study for decarbonization, with a coal-reliant grid and 1.4 million people who depend on it. The world’s most populous country has an outsized impact on global climate goals, as well as outsized hurdles on the way to getting there. The scale of the challenge... Read more
Published on: 2026-03-22
Source: Oil Price RSS
The Battery That Breaks Its Own Rules
There's a quirk in physics that most engineers never have to worry about: the bigger a conventional battery gets, the longer it takes to charge. Obvious, really. More capacity, more time. It's one of those rules so intuitive you never bother to question it. Dr. James Quach questioned it. Quach,... Read more
Published on: 2026-03-22
Source: Oil Price RSS
Red States Are Driving America’s Solar Boom Despite Trump’s Opposition
Since coming into office last January, United States President Donald Trump has repeatedly criticised renewable energy for hindering the country’s energy security and being a “green new scam”. Trump quickly introduced several executive orders aimed at ramping up fossil fuel output and restricting renewable energy production, thereby backtracking on much... Read more
Published on: 2026-03-22
Source: Oil Price RSS
Nuclear in the Spotlight amid Oil, Gas Crunch
Nuclear energy has been making a comeback recently as one of the low-carbon baseload generation options. This comeback is set to accelerate amid the Middle Eastern crisis and the oil and gas squeeze it is causing. The only problem is that nuclear capacity takes a while to build. “It was... Read more
Published on: 2026-03-21
Source: Oil Price RSS
Big Oil Flocks to Alaska in Record-Setting Petroleum Lease Sale
The first lease sale in the National Petroleum Reserve-Alaska in seven years became the most successful auction in the area ever, as oil majors bid on hundreds of tracts, signaling they haven’t given up on Alaska’s petroleum resources despite development and court challenges. This week’s oil and gas lease sale... Read more
Published on: 2026-03-21
Source: Oil Price RSS
Can Carbon Credits Clean Up Big Tech’s AI-Fueled Emissions Surge?
As multiple large-scale data centres are developed around the globe, Big Tech is investing heavily in a range of energy projects to power its new facilities, from renewable energy to nuclear power. In addition, several tech companies have announced major investments in climate credits, in a bid to offset their... Read more
Published on: 2026-03-21
Source: Oil Price RSS
EBW Warned of Faltering Gas Demand Heading into Holiday Weekend
EBW Energy Analyst Eli Rubin warned of 'faltering demand' heading into the President's Day holiday weekend.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
Gasoline-Starved California Turning to Fuel From Bahamas
U.S. supplies of gasoline are being shipped out of the country to travel thousands of miles via the Bahamas before finally ending up in California.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
North America Drops 6 Rigs Week on Week
North America dropped six rigs week on week, according to Baker Hughes' latest North America rotary rig count.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
Aramco Commits to 1 MMtpa for 20 Years from Commonwealth LNG
Aramco Trading signed a 20-year agreement to buy one million metric tons per annum of liquefied natural gas from the under-development Commonwealth LNG in Louisiana.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
Enbridge Q4 Profit Up YoY
Enbridge cited 'favorable gas transmission contracting' compared to the fourth quarter of 2024.... Read more
Published on: 2026-02-16
Source: Rigzone RSS
Analyst Highlights Focus of IEW Event
IEW, which was hosted by the Energy Institute, took place from February 10-12 at the QEII Center in London.... Read more
Published on: 2026-02-16
Source: Rigzone RSS

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