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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

LIVE: Brent and WTI Oil Prices Recover on Market Optimism
Oil prices climbed on Thursday as investors considered potential OPEC+ output hikes and positive US-China trade talk developments. Kazakhstan's deviation from OPEC+ quotas raises concerns about market stability and possible price wars. Uncertainty surrounding US-Iran nuclear talks and sanctions adds another layer of complexity to the oil market outlook. 1m... Read more
Published on: 2025-04-24
Source: Oil Price RSS
Weak Demand Set to Drag China’s LNG Imports Down by 20%
China continues to witness weak demand for liquefied natural gas and its LNG imports in April are estimated to be 20% lower than the volumes imported in the same month last year, Bloomberg reported on Thursday, citing data from analytics firm Kpler.  LNG import demand in China has been weaker... Read more
Published on: 2025-04-24
Source: Oil Price RSS
Chevron Revives Exploration Efforts in Namibia
Chevron plans to begin drilling an exploration well offshore Namibia, where several international majors have found huge oil and gas resources in recent years.  Chevron Namibia Exploration Limited considers drilling the well in 2026 or 2027 in Petroleum Exploration License 82 in the Walvis Basin, Reuters quoted Chevron’s Namibian subsidiary... Read more
Published on: 2025-04-24
Source: Oil Price RSS
USA Upstream M&A Hits $17B in 1Q
Enverus Intelligence Research revealed that U.S. upstream mergers and acquisitions (M&A) hit $17 billion in deal value in the first quarter of 2025.... Read more
Published on: 2025-04-24
Source: Rigzone RSS
Naftogaz Keeps Gas Prices Unchanged for Another Year
Naftogaz will continue delivering natural gas to households in Ukraine at the current regulated rate until April 2026 to reflect the current moratorium on raising gas tariffs.... Read more
Published on: 2025-04-24
Source: Rigzone RSS
EU Parliament Committee Backs Softer Gas Storage Rules
The energy committee at the European Parliament supported on Thursday the EU member states’ proposal to give more flexibility to the natural gas storage goals.  The EU is seeking greater flexibility in filling targets before each winter to avoid supply shortages and price spikes.  The EU seeks to expand the... Read more
Published on: 2025-04-24
Source: Oil Price RSS
Norway Monthly Gas Output Falls: Preliminary Data
Preliminary official figures showed Norway produced 351.3 million standard cubic meters a day of natural gas in March.... Read more
Published on: 2025-04-24
Source: Rigzone RSS
European Energy Costs Plunge Following Winter Peaks
Electricity prices in Europe are falling this spring from two-year highs in the winter of 2025 as natural gas prices fall and renewable power generation jumps. Expensive natural gas in the winter amid cold weather and fast-depleting gas storage sites pushed up power prices in Europe to the highest in... Read more
Published on: 2025-04-24
Source: Oil Price RSS
Energy Security is National Security, OEUK Says
'We believe it is important for the offshore energy industry to take seriously the need for optimum security', said Mark Wilson, OEUK's director of health, safety, environment, and operations. ... Read more
Published on: 2025-04-24
Source: Rigzone RSS
India Cuts LNG Buying as Prices Climb
Indian energy importers have reduced the volume of liquefied natural gas they buy from abroad as prices trend higher. Instead, they are buying more oil products, Bloomberg reported. Two energy majors—Gail India and Indian Oil Corp.—had recently canceled LNG purchase tenders because of the price, the publication noted in its... Read more
Published on: 2025-04-24
Source: Oil Price RSS
TotalEnergies to Scale Down Petrochemical Production at Antwerp Complex
Citing ethylene 'overcapacity' in Europe, TotalEnergies said it will refocus investment on decarbonizing the refining and petrochemical facility.... Read more
Published on: 2025-04-24
Source: Rigzone RSS
Petronas Pens 11 Agreements to Advance Malaysia's OGSE Sector
The agreements promote cooperation with industry stakeholders to improve the efficiency of fabrication yards through modernization and to develop a highly skilled local workforce.... Read more
Published on: 2025-04-24
Source: Rigzone RSS

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