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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

How A Magnet Shortage Could Bring The $10 Trillion Tech Sector to a Halt
REalloys (NASDAQ: ALOY) is assembling the only non-Chinese supply chain for a component powering nearly everything the modern economy runs on — but one that almost nobody outside the industry pays attention to. A single F-35 carries roughly 435 kilograms of these materials. MRI machines need them to power today's... Read more
Published on: 2026-03-30
Source: Oil Price RSS
Coal Is Back — and Japan Is Driving the Rally
Japan’s heavy dependence on imported energy is being put through a real-time stress test. The crisis triggered by the war in Iran and the effective closure of the Strait of Hormuz has exposed the structural vulnerabilities in one of the world’s largest energy importers. With roughly 90% of its crude... Read more
Published on: 2026-03-30
Source: Oil Price RSS
Why Nuclear Won’t Shield Europe From Energy Price Shocks
Every time energy prices spike, nuclear power makes a comeback in the debate. The argument is familiar. If Europe had more nuclear, it would be insulated from volatile gas markets. Prices would be stable. External shocks—from Hormuz to Ukraine—would matter less. There is truth in that. But only up to... Read more
Published on: 2026-03-30
Source: Oil Price RSS
Oil Spike Collides With Fragile Global Growth
The worst energy crisis in history is sending ripples across global markets, and optimism is in short supply. IEA’s chief said the current crisis is worse than all previous ones put together. JP Morgan analysts warned Asia is going to be hit the hardest, although other analysts see Europe as... Read more
Published on: 2026-03-30
Source: Oil Price RSS
Three Crises, Four Years: Europe Keeps Failing the Same Energy Test
For the third time in four years, Europe is waking up to discover that it has sleepwalked into yet another energy crisis." When Russia illegally invaded Ukraine in February of 2022, Europe was caught in an extremely compromised position, as it was dependent on Russian producers for 40 percent of... Read more
Published on: 2026-03-30
Source: Oil Price RSS
Bangladesh Seeks U.S. Waiver for Russian Diesel as IMF Warns of Energy Shock
Bangladesh has formally requested a temporary sanctions waiver from the United States to import roughly 600,000 metric tonnes of Russian diesel to cover two months of demand as its energy crisis intensifies, Reuters reported on Monday, with officials pointing to Washington’s recent 30-day waiver granted to India as precedent.  The... Read more
Published on: 2026-03-30
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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