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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

Russia Is Redrawing Its Energy Map Through the Arctic
Russia’s Northern Sea Route (NSR) is about to become a game-changer for Eurasian energy trade, and Europe’s January 2027 ban on Russian LNG is pushing Moscow to bring it to life sooner than planned. LNG will remain its foundation, while crude traffic and Rosneft’s vast Vostok Oil project could provide... Read more
Published on: 2026-09-06
Source: Oil Price RSS
Most Critical Minerals Aren’t Going to the Energy Transition
An Oakland Institute analysis challenges claims that a large increase in mining is an unavoidable cost of replacing fossil fuels. Using International Energy Agency (IEA) data, Oakland calculated that wind, solar, renewable-power networks, grid batteries and electric vehicles accounted for 26% of combined demand for copper, lithium, nickel, cobalt, graphite... Read more
Published on: 2026-09-06
Source: Oil Price RSS
Oil Majors Seek Bigger Bargaining Power in Labor Disputes
The biggest oil companies in the United States are playing hardball in unionized labor negotiations in a bid to get more concessions from workers’ unions in the new contracts. Over the past few years, some of the top U.S. refining companies have resorted to lockouts to ensure most of the... Read more
Published on: 2026-09-06
Source: Oil Price RSS
High Fuel Prices Are Powering an Electric Motorcycle Boom
While electric car and truck sales have grown more slowly than expected in recent years, prompting governments to rethink clean fuel targets and automakers to slow the pace of EV production, electric motorcycles are becoming increasingly popular in certain parts of the world. Two-wheel vehicles have long been popular in... Read more
Published on: 2026-09-06
Source: Oil Price RSS
Colombia Moves to Reverse Fracking Ban, Eyes $4 Billion in New Oil Investment
A regime change in Colombia’s federal government is poised to usher in an oil and gas renaissance in the South American nation. After a four-year ban on oil and gas exploration under the previous leftist president Gustavo Petro, a new right-wing administration is eager to open the country’s oil and... Read more
Published on: 2026-09-06
Source: Oil Price RSS
Oil-Rich Oman Bets Big on Renewable Energy
Oman, a major oil and gas producer, plans to expand its renewable energy capacity as part of its energy diversification and green transition goals. The government recently introduced new national policies to expand Oman’s green energy and cleantech industries and to encourage private investment in the sector. This year, Oman’s... Read more
Published on: 2026-09-06
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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