Press Room

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 Prices Tumble as Demand Concerns Take Center Stage
Oil prices fell early on Tuesday morning as fears faded of Israel striking Iranian oil facilities and traders refocused on growing demand concerns.- The September monthly average refining margin fell to its lowest for the month since 2020, indicating that the downstream supercycle that was boosted by COVID-related disruptions and Russia... Read more
Published on: 2024-10-15
Source: Oil Price RSS
India Plans $109 Billion of Grid Investments to Boost Renewables
India plans a massive upgrade and expansion of its power transmission system, expecting investment opportunities of $109 billion to support the integration of renewable energy sources and storage solutions, the power ministry has said. India’s new National Electricity Plan (Transmission) envisages the addition of hundreds of thousands of kilometers of... Read more
Published on: 2024-10-15
Source: Oil Price RSS
EU Energy Minister Debate Russian Gas Flows as Ukraine Transit Deal Nears End
European Union energy ministers are discussing the flows of natural gas from Russia to the EU as the transit deal via Ukraine is nearing its end. The ministers are also talking about the issue of Russia’s LNG shipments to the bloc, which have been rising in recent months. The EU’s... Read more
Published on: 2024-10-15
Source: Oil Price RSS
Russian Refinery Maintenance Pushes Oil Exports to 3-Month High
Russia’s crude oil exports by sea rose to their highest level in three months in the four weeks to October 13, as seasonal refinery maintenance cut domestic crude processing rates, tanker-tracking data monitored by Bloomberg showed on Tuesday. The four-week average exports from Russia’s oil export terminals inched up by... Read more
Published on: 2024-10-15
Source: Oil Price RSS
Baker Hughes to Deploy AI Solutions Across Repsol Assets
'Artificial intelligence is revolutionizing energy production, and Leucipa enables companies to operate more efficiently to recover more from their assets'.... Read more
Published on: 2024-10-15
Source: Rigzone RSS
IEA Says Oil's Geopolitical Risks Are Offset by Plentiful Supplies
'Heightened oil supply security concerns are set against a backdrop of a global market that - as we have been highlighting for some time - looks adequately supplied'.... Read more
Published on: 2024-10-15
Source: Rigzone RSS
Dallas Fed Energy Survey Looks at Oilfield Electrification
Is your firm aiming to electrify its oilfield operations?... Read more
Published on: 2024-10-15
Source: Rigzone RSS
IEA Sees “Sizeable Surplus” in Oil Market as Demand Growth Slows
The oil market faces a sizeable surplus next year amid ample supply and slowing demand growth, the International Energy Agency (IEA) said on Tuesday as it further lowered its demand growth estimate for 2024. Global oil demand is set to increase by just 862,000 barrels per day (bpd) this year,... Read more
Published on: 2024-10-15
Source: Oil Price RSS
Italy's NextChem Bags Contract for Hydrogen Unit in Vietnam
The new unit is part of a larger upgrading and expansion project of Dung Quat Refinery in Vietnam.... Read more
Published on: 2024-10-15
Source: Rigzone RSS
Why Is the Oil Price Down Today?
The reason is twofold, one analyst told Rigzone.... Read more
Published on: 2024-10-15
Source: Rigzone RSS
Advantage Energy Starts Dry Gas Production Cuts
Curtailments began in September and are planned to continue for the fourth quarter until pricing recovers.... Read more
Published on: 2024-10-15
Source: Rigzone RSS
TotalEnergies Warns Low Refining Margins Will Hit Q3 Earnings
TotalEnergies has become the latest supermajor to flag weak refining margins as the key drivers of expected lower third-quarter results. The downstream earnings of TotalEnergies are expected “to sharply decrease given much lower refining margins” in Europe and in the rest of the world, the French oil and gas giant... Read more
Published on: 2024-10-15
Source: Oil Price RSS

Our Instagram Latest News

Easy to Join. No Better Time to Invest. Let's Produce.

Register a user account on the Tunnel Investment Platform

BROWSE CURRENT OFFERINGS, SET UP YOUR ACCOUNT, & INVEST WHEN READY

TRACK THE PROGRESS AND PERFORMANCE OF YOUR INVESTMENT ON THE PLATFORM

Enter the Tunnel. Start Drilling Now.

View Current Opportunities

Offerings available only to accredited investors.

According to SEC regulations, an accredited investor is someone with a net worth exceeding $1 million (excluding the value of the person’s residence) or someone who has earned an income of $200,000 (or $300,000 for a married couple) in each of the prior two years, someone who holds a Series 7, 65 or 82 license.