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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

Blockades Loom Again as Libya Seeks Global Oil Investment
Given that around 97% of its government revenues come from oil, it might seem obvious to all Libya’s principal factions that increasing production is a very good idea. There is plenty of scope to do so, as before the removal of long-time leader Muammar Gaddafi in 2011 it had easily... Read more
Published on: 2025-06-17
Source: Oil Price RSS
Somaliland’s Rising Strategic Role in U.S. Oil and Military Policy
Oil bulls have finally found some relief as crude prices rallied to multi-month highs, driven by escalating tensions between Israel and Iran, which continue to trade attacks in one of the region's most volatile periods in recent years. As of Tuesday morning, Brent crude for August delivery had surged $9... Read more
Published on: 2025-06-17
Source: Oil Price RSS
US Crude Oil Inventories See Sharp Drawdown, Bolstering Market Confidence
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell sharply, by 10.133 million barrels in the week ending June 13 after analysts had estimated a 600,000-barrel draw. The API reported a 337,000 barrel inventory decrease in the prior week. So far this year, crude... Read more
Published on: 2025-06-17
Source: Oil Price RSS
U.S. Steel Tariffs Add Uncertainty to Global Economy
Via Metal Miner The European Commission (EC) has expressed concern about Donald Trump’s announcement of plans to double import tariffs on steel. The U.S. President proclaimed the new “Trump Tariffs” during a speech at US Steel’s Mon Valley-Irwin works in Pennsylvania on May 30. “We strongly regret the announced increase... Read more
Published on: 2025-06-17
Source: Oil Price RSS
Trump Threats Push Crude to 5-Month High
Oil surged to nearly $75 as Trump hinted at military action against Iran, stoking fears of supply disruptions.... Read more
Published on: 2025-06-17
Source: Rigzone RSS
UK Aerospace Industry Avoids Tariffs in Trump-Starmer Trade Deal
Prime Minister Keir Starmer and President Donald Trump met on the sidelines of the G7 summit to agree a trade deal that will remove tariffs on the UK aerospace sector and save carmakers from facing aggressive taxes on exports.  The pair of world leaders heaped praise on one another while... Read more
Published on: 2025-06-17
Source: Oil Price RSS
Middle East Conflict Sends Egypt Scrambling to Replace Israel Gas
Egypt has begun rolling out a full-scale emergency energy plan, scrambling to balance limited fuel supplies against surging national demand after Israel shuttered its largest offshore gas field amid the escalating Iran-Israel conflict that has deprived Cairo of critical Israel gas supplies.  The plan, announced by the Egyptian Ministry of... Read more
Published on: 2025-06-17
Source: Oil Price RSS
China Oil Demand Will Peak Earlier Than Expected, IEA Says
China's oil demand will stop growing earlier than expected, reinforcing the outlook for a global peak and prolonged supply surplus this decade, the IEA said.... Read more
Published on: 2025-06-17
Source: Rigzone RSS
Duke Energy Plans Rate Increase
'This proposal reflects the investments we have made to strengthen the grid, improve storm readiness, maintain and enhance our generating fleet, and serve a growing customer base'.... Read more
Published on: 2025-06-17
Source: Rigzone RSS
Trump Ups Pressure on Iran, Fueling Fears US Will Join Conflict
Israel and the US are ratcheting up pressure on Iran, fueling fears that Washington may be preparing for a more direct intervention alongside its closest Middle East ally.... Read more
Published on: 2025-06-17
Source: Rigzone RSS
Mitsubishi Said To Be in Advanced Talks on $8B Aethon Deal
This would be the Japanese conglomerate's biggest ever acquisition.... Read more
Published on: 2025-06-17
Source: Rigzone RSS
Perenco Invests in New Offshore Infrastructure in Congo
Perenco is building a new platform to recover approximately 7 million cubic feet of gas per day in the Kombi-Likalala-Libondo II permit area.... Read more
Published on: 2025-06-17
Source: Rigzone RSS

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