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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

Oil Market's Glut Narrative Just Blew Up
Less than a month ago, analysts were warning of a looming glut of crude oil as tanker traffic via the Strait of Hormuz began to recover amid a U.S.-Iran ceasefire. Within days of these warnings, the ceasefire was a painful memory, missiles were flying again, and now Yemen’s Houthis are... Read more
Published on: 2026-07-26
Source: Oil Price RSS
Australia’s Clean Energy Boom Is Gathering Speed
Australia has big renewable energy ambitions and is well on its way to shifting dependence away from coal to cleaner alternatives. Having long depended on coal, the government now aims to establish a more diverse energy mix to ensure that Australia can be energy self-sufficient in the years to come,... Read more
Published on: 2026-07-26
Source: Oil Price RSS
Can an AI Black Box Be Trusted to Run a Nuclear Reactor?
China has unveiled a daring new plan to integrate artificial intelligence throughout the nuclear energy life cycle. This week, at the World Artificial Intelligence Conference (WAIC) in Shanghai, researchers at the Chinese Academy of Sciences (CAS) revealed a new plan for safely integrating artificial intelligence into the nuclear sector, called... Read more
Published on: 2026-07-25
Source: Oil Price RSS
The Carbon Capture Boom Is Starting to Crack
Carbon capture and storage (CCS) technology grew in popularity during the Covid-19 pandemic as several governments and private companies pledged to support a green transition. The use of CCS was expected to help decarbonise hard-to-abate industries until a long-term transition to clean energy could be achieved. However, in recent years,... Read more
Published on: 2026-07-25
Source: Oil Price RSS
UCLA Scientists Turn Plastic Waste Into Pure Hydrogen Fuel
Green hydrogen was supposed to be a silver bullet solution for decarbonizing hard-to-abate sectors like shipping and steelmaking. It was the buzziest technology out there – and then it fizzled out completely. But after years of languishing in labs without reaching any meaningful level of commercialization, hydrogen is making a... Read more
Published on: 2026-07-25
Source: Oil Price RSS
EU Backs Off Methane Rules as Energy Security Fears Mount
The European Commission (EC) has informed EU governments that they should waive penalties for oil and gas companies that breach its methane emissions law for the next three years, owing to pressure from the United States government to scrap the rules. While the decision is not binding, many member states... Read more
Published on: 2026-07-25
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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