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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

Asia Is Building 73% of the World's New Nuclear Capacity
The Middle East crisis and the spiking oil and gas prices have shifted the Asian nations’ priorities to energy security and generating electricity with homegrown resources. Renewable energy capacity is soaring, not only in the top emerging markets China and India, but also across Southeast Asia, as the Strait of... Read more
Published on: 2026-11-15
Source: Oil Price RSS
The $130 Billion Oil Boom Fueled by the Iran War
Several oil and gas companies in the United States have benefited from increased trade following the war in Iran that began in February, and from subsequent restrictions on international energy trade. Many countries have been forced to turn to alternative suppliers due to restrictions on movement through the Strait of... Read more
Published on: 2026-11-15
Source: Oil Price RSS
How Brazil Plans to Accelerate the Global Shift Away From Fossil Fuels
Brazil has launched two roadmaps to encourage other countries around the globe to accelerate the phasing out of fossil fuels and plan for a green transition. The roadmaps offer broad frameworks to encourage countries to develop their own, more specific, national climate and energy plans. Brazil, the host of last... Read more
Published on: 2026-11-15
Source: Oil Price RSS
Electrifying Ambitions Meet Tough Reality in Europe
European Union leaders are among the most enthusiastic proponents of maximum electrification to reduce dependence on imported energy commodities. A lot of EU policy pursues precisely that. Yet EU electricity prices last week surged to over 600 euros per MWh on a wind drought, and the bloc still gets over... Read more
Published on: 2026-11-14
Source: Oil Price RSS
Nvidia Without Huang: What a Pause in AI Deals Means for Metals
Copper slid to its lowest in almost four months on Friday and was heading for a fifth straight weekly loss, with traders blaming Nvidia’s (Nasdaq: NVDA) loss of Jensen Huang for the latest leg down. The exit is a convenient culprit, but the slide started before it. Copper has dropped... Read more
Published on: 2026-11-14
Source: Oil Price RSS
Iran War Accelerates Southeast Asia’s Renewable Energy Push
Several countries in Asia have recognised the need to accelerate the deployment of renewable energy to reduce reliance on fossil fuel imports and support energy diversification. The ongoing conflict in the Middle East has significantly reduced fuel trade in recent months, leading to fears of shortages as countries worldwide scramble... Read more
Published on: 2026-11-14
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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