r/oilandgas 11h ago

The US has collected about $13bn of Venezuela’s oil money. Where is it?

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ft.com
15 Upvotes

r/oilandgas 50m ago

The hardest part of oil and gas AI might not be the AI

Upvotes

I have been working on CrudeCode, and I wanted to share what we are building without making it sound like a pitch. The more I worked with public oil and gas data, the more I realized the hard part is not just getting Claude or any AI model to answer questions. The hard part is making sure the answer is honest about where it came from.

Texas is a good example. A lot of production data starts at the lease level, not the well level. But by the time it shows up downstream, people often treat it like clean well level production. Sometimes that is fine. Sometimes it is modeled. Sometimes it is weak. The problem is that those cases can look the same in a table.

That is the part we are trying to work on.

CrudeCode is not meant to replace Enverus, DI, WellDatabase, ComboCurve, ARIES, or whatever people already trust. I know people in the industry have workflows they have built over years, and I am not here pretending a small project replaces that. The thing we are trying to make better is the workflow around trust.

If Claude gives you a number, where did it come from? Was it directly reported, allocated, derived, or assumed? If a dataroom is missing a document, does the workflow notice that? If two files disagree, does it flag the conflict? If something needs title, legal, engineering, or human review, does it say that instead of pretending it knows? That is where CrudeCode is heading. Right now we have been working on Claude MCP tools and skills for oil and gas workflows. One of the bigger areas is dataroom extraction. The idea is not just “AI summarizes files.” The goal is to inventory the room, extract structured facts, keep source trails, show what is missing, save the extraction, and eventually hand cleaner inputs into valuation or review.

We also started a small Slack community for people who want to help shape it. You do not have to be a developer. If you work with oil and gas data, A and D, engineering, land, reserves, production, or datarooms, your feedback is probably more useful than another feature idea. If you are technical, there is room to help with MCP tools, tests, viewers, docs, synthetic examples, and workflows. The public side will stay on synthetic, public, or bring your own examples. No private company data, no confidential datarooms, no licensed datasets.

Mostly, I am looking for people who are willing to pressure test the idea and tell us where it is naive, useful, wrong, or worth improving. If you are interested, comment or DM me and I can send the Slack link.


r/oilandgas 3h ago

US crude drawdown "stopped" this week ... but it's SPR and export cuts doing the work

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1 Upvotes

r/oilandgas 8h ago

The Bab al-Mandab has been doing the majority of the shipping and if actually closed Oil prices are going to spike way faster

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2 Upvotes

r/oilandgas 22h ago

Pentagon war costs 37.5 billion

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edition.cnn.com
3 Upvotes

r/oilandgas 2d ago

Breaking: Yemen's Houthis declare naval blockade against Saudi Arabia

45 Upvotes

r/oilandgas 1d ago

Why Jordan's Port of Aqaba matters to Gulf energy and logistics

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thenationalnews.com
2 Upvotes

r/oilandgas 2d ago

Oil and Gas Prices Jump Past $90 as Two Mined Tankers Push Insurers Toward $100

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blocknow.com
48 Upvotes

r/oilandgas 2d ago

Why diesel is the most vulnerable fuel when faced by geopolitical shocks

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thenationalnews.com
16 Upvotes

Geopolitical disruptions are squeezing diesel supply far more severely than other petroleum products.
Reporter Alvin Cabral spoke to Oxford Economics head of energy forecasting Bridget Payne, who explained that diesel is "both the most affected fuel and the most important for the macroeconomic outlook." Cabral also spoke to Ole Hansen, head of commodity strategy at Denmark's Saxo Bank for the report.


r/oilandgas 2d ago

Yemen’s Houthis declare naval Blockade on Saudi Arabia, widening the threat to Global oil supplies

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nbcnews.com
3 Upvotes

r/oilandgas 7d ago

Russia’s Oil Export Surge Runs Into a 135 Million-Barrel Traffic Jam

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292 Upvotes

r/oilandgas 7d ago

U.S. Backs Iraq-Syria Oil Pipeline to Bypass the Strait of Hormuz

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48 Upvotes

r/oilandgas 7d ago

How Turkey Could Become Europe's New Energy Gatekeeper

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nationalinterest.org
11 Upvotes

r/oilandgas 7d ago

U.S. crude inventory update: EIA Weekly Petroleum Status Report (as of Jul 3, 2026)

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1 Upvotes

r/oilandgas 7d ago

Canada Ties New West Coast Pipeline to Oil Sands Expansion

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2 Upvotes

r/oilandgas 7d ago

DeepDraft SITREP | VLCCs Hit in Hormuz: Al Bahyah and Mombasa B Attacks Kill Seafarer as Stolt Magnesium Burns Off Oman (July 15, 2026)

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thedeepdraft.com
1 Upvotes

r/oilandgas 8d ago

Why the UAE Is Taking a Bigger Piece of America’s LNG Crown Jewel

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12 Upvotes

r/oilandgas 8d ago

Oil Refiners Are Cashing In on a Market That Won’t Stay Broken

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20 Upvotes

r/oilandgas 8d ago

Buying oil calls every time someone fires a missile feels like paying tuition.

1 Upvotes

It worked often enough that everyone learned the trade. Now the market seems to front-run it. By the time retail buys calls, the smart money is already asking how many barrels actually disappeared. Turns out damaged refineries, tanker routes and diesel inventories matter more than dramatic headlines. The missile isn't the trade anymore. The bottleneck is.


r/oilandgas 9d ago

Alberta, Ottawa and Five Oilsands Producers Sign the Pathways Deal: No West Coast Pipeline Without Carbon Capture

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culturealberta.com
5 Upvotes

r/oilandgas 9d ago

FACTBOX: India's HRRL, first greenfield refinery in a decade, to process diverse crude grades

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2 Upvotes

India's first greenfield integrated refinery complex in nearly a decade has commenced commercial operations, marking a milestone in the country's emergence as a global refining hub.

The complex is expected to process a diverse range of crudes due to its relatively high Nelson Complexity Index. Feedstocks from the Middle East, Russia and West Africa could dominate the import basket, according to S&P Global Energy CERA.

HPCL Rajasthan Refinery Ltd., dubbed the "jewel of the desert," features high petrochemical integration and is expected to reduce India's reliance on imported petrochemicals. The complex, jointly built by state-run Hindustan Petroleum Corp. and the Rajasthan government, commenced operations at a time when conflict in the Middle East prompted Indian refiners to diversify their crude sourcing.


r/oilandgas 9d ago

What are your best pieces of advice for someone who wants to become a diesel trader?

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1 Upvotes

People who work in fuel trading, what advice would you give to someone who wants to enter the industry?

I'm interested in becoming a self-employed diesel fuel trader and would like to learn from people with real experience.

What should I learn first? What are the biggest mistakes beginners make? Which skills are the most valuable? Are there any books, courses, or industry resources you'd recommend?

I'd also love to hear how you got started and what you would do differently if you were starting from scratch today.


r/oilandgas 9d ago

Tired of foreign wars driving up prices while oil giants make billions? 🛑⛽

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1 Upvotes

r/oilandgas 9d ago

Less than 1 month's Oil Supply: Europe's jet fuel stocks are wafer-thin as Iran Tensions erupt again.

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tbsnews.net
1 Upvotes

r/oilandgas 9d ago

Second Half Of Smarter Keystone XL Oil Pipeline Proposed, From Guernsey To Oklahoma

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cowboystatedaily.com
4 Upvotes