Briefly

Sinopec hits milestone for ultra-deep well

China Petroleum and Chemical Corp struck sizable oil and gas flows on Wednesday in the deepest oil and gas well in Asia, a major milestone in the country's exploration of deep energy resources that will further guarantee China's national energy security. Yuejin 3-3XC well of the Shendi-1 project in the Tarim Basin of the Xinjiang Uygur autonomous region achieved a daily crude production of 200 metric tons and natural gas production of 50,000 cubic meters, a record for the deepest oil and gas well in Asia, said the company, also known as Sinopec. With a depth of 9,432 meters, the breakthrough marks significant advances in the exploration of oil and gas resources in ultra-deep areas in China, it said.

BYD to sell midsize electric buses in Japan

China's leading electric vehicle manufacturer BYD will begin selling a new model of midsize electric bus in Japan to meet growing demand for green public transportation. The midsize electric bus, tailored for the Japanese market, has a range of 250 kilometers and is priced at 36.5 million Japanese yen ($240,000), said BYD Japan Co Ltd. The model is set to begin accepting purchase orders on Jan 1, with deliveries expected in the fall of 2025.

Xinhua - China Daily