Sinopec Starts the Drilling of Asia’s Deepest Oil and Gas Well in Tarim Basin

BEIJING, May 4, 2023 /PRNewswire/ — China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has initiated the drilling of Project Deep Earth 1-Yuejin 3-3XC Well (“the Well”) on May 1 in the Tarim Basin, Xinjiang Uyghur Autonomous Region. With a design depth of 9,472 meters, it will be the deepest oil and gas well in Asia and a breakthrough of milestone significance in China’s ultra-deep oil and gas exploration, which now has world-leading technological and equipment capabilities.

Sinopec Starts the Drilling of Asia’s Deepest Oil and Gas Well in Tarim Basin

*Xinjiang*

Avoiding a climate lockdown 🧐💭

As the world faces three major threats, namely the COVID-19 induced public health and economic crises as well as the ongoing climate emergency, the business world is in a position to make real positive change.

Avoiding a climate lockdown (original)

H/T: Kim Iversen—The Next Agenda

Related:

A green economic renewal after the COVID-19 crisis (PDF)

WEF: Paris Is Planning To Become A ’15-minute City’

15-minute city:

A 15-minute city is a residential urban concept in which most daily necessities can be accomplished by either walking or cycling from residents’ homes. The concept (see also the New Urbanism of the 1980s) is present, among many, in D’Acci’s Isobenefit Urbanism since 2013 (“The Isobenefit Urbanism approach aims to create cities in which each dweller can do her/his usual main daily activities by walking or at maximum biking”) was popularized by Paris mayor Anne Hidalgo and inspired by French-Colombian scientist Carlos Moreno who in 2016 coined the term. 15-minute cities are built from a series of 5-minute neighborhoods, also known as complete communities or walkable neighborhoods. The concept has been described as a “return to a local way of life”.

More Biden Oil And Gas Restrictions Are On The Horizon

Despite pleading with oil and gas companies to boost their output in recent months, to tackle global shortages and rising prices, President Biden is once again hitting the industry hard by proposing a greater emissions reduction in operations. And he’s not the only one, as the U.K. and EU look to reduce gas flaring and venting practices to curb their methane emissions in line with climate pledges.

More Biden Oil And Gas Restrictions Are On The Horizon