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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

Since November, Yemen's Houthi rebels have repeatedly attacked cargo ships passing through the strait of Bab al-Mandab that splits north-east Africa from Yemen on the Arabian Peninsula. The Iran-backed rebels have been targeting vessels with connections to Israel and Western countries, forcing dozens of shipping companies to take a 4,000-mile... Read more
Published on: 2024-02-25
Source: Oil Price RSS
For decades, the Eastern Hemisphere had been the biggest driver of global oil production growth. Until a decade ago, when the Middle Eastern oil producers – bound by the OPEC cartel – started yielding the growth momentum to the Western Hemisphere with their pursuit of high oil prices and unwittingly... Read more
Published on: 2024-02-25
Source: Oil Price RSS
Mexico’s progress on its clean energy transition is headed in reverse. The nation’s greenhouse gas emissions from the energy sector increased by 11% last year to reach a five-year high of more than 175 million metric tons of carbon dioxide (CO2). This climate backtracking stems from a number of causes... Read more
Published on: 2024-02-25
Source: Oil Price RSS
Engineers at the University of Cincinnati created a more efficient way of converting carbon dioxide into valuable products while simultaneously addressing climate change. The study paper has been published in the journal Nature Chemical Engineering. In his chemical engineering lab in UC’s College of Engineering and Applied Science, Associate Professor... Read more
Published on: 2024-02-25
Source: Oil Price RSS
ExxonMobil is considering a sale of its Vaca Muerta shale assets in Patagonia and has received several offers of holding already, anonymous Bloomberg sources revealed on Friday. The U.S. oil giant’s assets that will be sold include assets owned as part of a joint venture with QatarEnergy, including seven oil... Read more
Published on: 2024-02-25
Source: Oil Price RSS
Australia has big plans for its oil and gas industry, despite calls from environmentalists to reduce its fossil fuel output. The country’s biggest company, Woodside, is planning to expand its exploration activities in response to the growing energy demand from the Asian market, despite having made ambitious climate pledges in... Read more
Published on: 2024-02-25
Source: Oil Price RSS
Seatrium will start building an electrical transmission system for TenneT in June. ... Read more
Published on: 2024-02-25
Source: Rigzone RSS
UK energy bills are set to fall to the lowest level in two years as wholesale prices continue to decline rapidly.... Read more
Published on: 2024-02-24
Source: Rigzone RSS
Oil fell as the lack of fresh drivers prompted some investors to exit positions ahead of the weekend and the dip below a key technical indicator accelerated selling.... Read more
Published on: 2024-02-23
Source: Rigzone RSS
The collaboration 'will deliver an integrated solution to empower operators with seamless access to TGS licensed well data through Enertel's QuantumCast software platform'.... Read more
Published on: 2024-02-23
Source: Rigzone RSS
The EPA's final rule—demanded by eight Midwestern governors—is meant to encourage more filling stations in the region to sell E15 gasoline that contains 15 percent ethanol.... Read more
Published on: 2024-02-23
Source: Rigzone RSS
H2H Saltend is a 600-megawatt low carbon hydrogen production plant with carbon capture. ... Read more
Published on: 2024-02-23
Source: Rigzone RSS

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