China’s CATL Debuts EV Battery With Speedy Six-Minute Recharge and a 1,000-km Range

The world’s largest EV-battery manufacturer is looking to stay ahead of BYD and other competitors Contemporary Amperex Technology Co. Ltd., the world’s largest electric vehicle battery manufacturer, unveiled a new fast-charging technology ahead of the Beijing auto show in a bid to stay ahead of BYD Co. Ltd. and other competitors. The Ningde-based company, better …

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North Dakota Crude Output to Rise as Operators Eye High Oil Prices

(Reuters) – North Dakota crude output is set to climb in the coming months as surging oil prices spur operators to ramp up activity, a state regulator said Tuesday. Operators in the third largest oil-producing state are responding to higher oil prices, boosting output from existing wells while holding back on new drilling amid sharp …

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Oilfield Service Firm Halliburton is Discussing Commercial Terms With Customers for Venezuela Operations

(Reuters) – Oilfield service firm Halliburton on Tuesday said it has been discussing commercial terms with customers for operations in Venezuela after making visits to its existing facilities in the country. Interest in Venezuela has ramped up dramatically since the U.S. capture of former President Nicolas Maduro in January, with oil producers and investors looking …

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Mercuria Expects China to Return to Buying Oil Within Weeks After Heavy Sales During Iran Crisis

(Reuters) – China will have to return to buying large volumes of oil within three weeks after being a big seller during the peak of the Iran supply crisis, the head of Mercuria, one of the world’s largest energy traders, told the FT Commodities Summit. Marco Dunand said China was selling commercial stocks it had …

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Oil Prices Don’t Reflect Scale of Supply Hit, Analysts Say

Brent futures have been remarkably volatile since the start of the Iran war By Alex Longley and Grant Smith Oil prices don’t fully reflect the largest supply disruption ever, after the Iran war effectively closed the Strait of Hormuz, some of the market’s top analysts said. So far, the conflict has caused the loss of …

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Canadian Oil Sands: A Highly Economic and Growing Resource Approaching a Pipeline Crossroads

 WCSB oil production can grow 1 MMbbl/d — but more pipeline capacity will be needed by the early 2030s CALGARY, Alberta (Apr. 21, 2026) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the leading energy data analytics platform, has released its latest report, Oil Sands Play Fundamentals: From Pariah to Priority, which details why the Canadian …

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Saudi Arabia February Crude Exports Up, Output Highest Since 2022, JODI Says

(Reuters) – Saudi Arabia’s crude oil exports rose to 7.276 million barrels per day in February, from 6.993 million bpd in January, while crude output hit its highest level since October 2022, Joint Organizations Data Initiative (JODI) data showed on Tuesday. Saudi production in February was about 10.882 million bpd, the JODI data showed, up …

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Alternative Routes for Middle East Oil and Gas Due to Hormuz Disruption

(Reuters) – The U.S.-Israeli war with Iran has disrupted shipping through the Strait of Hormuz, the world’s most important oil chokepoint, exposing the Middle East’s limited alternatives for exporting its hydrocarbons. The International Energy Agency (IEA) called it the largest supply disruption on record, bigger than the oil shocks of the 1970s and the loss …

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US Crude and Fuel Exports Surge to Record Highs, But it’s Not Enough: Russell

(Reuters) – An armada of crude oil and refined products tankers is heading to Asia from the United States, but even record-high exports from the world’s top producer cannot come close to making up the losses from the war against Iran. U.S. crude exports are on track for their two strongest months ever in April …

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