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The Shenzhou-23 astronaut crew will undertake more than 100 new scientific and applied projects during their time in orbit.May 23 - A one-year space stay will implement my countrys first space human research program, verifying the ability to ensure the health of astronauts during long-term flights.May 23 - Adaptive improvements have been made to the space debris protection of the Shenzhou-23 manned spacecrafts portholes, enhancing its ability to protect against space debris.May 23 - The Shenzhou-23 astronaut crew is my countrys first crew composed of astronauts from the third and fourth batches of astronauts. One of the astronauts will conduct a one-year on-orbit stay experiment.May 23 – A press conference for the Shenzhou-23 manned spaceflight mission was held this morning (May 23) at the Jiuquan Satellite Launch Center. The spokesperson stated that, according to plan, after entering orbit, the Shenzhou-23 manned spacecraft will use an autonomous rapid rendezvous and docking mode to dock with the radial port of the Tianhe core module, forming a three-spacecraft, three-module assembly. Currently, the quality of the spacecraft and rocket flight products is under control, the astronaut crew is in good condition, ground system facilities and equipment are operating stably, and the space station assembly is in normal condition, meeting the conditions for carrying out the launch mission. The Shenzhou-21 astronaut crew returned to the Dongfeng Landing Site after completing their in-orbit rotation with the Shenzhou-23 astronaut crew.

How to prevent a severe shortage of oil supply? Moody's: The drilling budget of the exploration company is at least this number

Oct 26, 2021 11:02

According to data from the three major international credit ratings Moody's Investor Services, the upstream annual investment plummeted by about 30% in 2020, and has since rebounded only slightly. Oil exploration companies need to increase their drilling budget by 54% to more than $500 billion to prevent severe supply shortages in the next few years.

Crude oil and natural gas drillers have suffered from unprecedented demand and price drops last year, but they have not expanded their search for undeveloped oil fields as the industry usually does, and have responded to the recent market rebound.

Moody's stated in a report last week that although international crude oil and US natural gas have increased by 50% and 120% respectively this year, global drilling expenditures are expected to grow only by 8%.

Moody's analyst Sajjad Alam wrote in the report that this figure is too small to replace the oil that these companies will extract from the ground in 2022, thereby laying the foundation for a more tight supply scenario. Any such austerity will be on top of the current crises that plague Asian and European economies. As winter approaches, prices are breaking records almost every day, and they are busy supporting fuel reserves. The industry will need to increase spending significantly, especially if oil and gas demand continues to rise by 2025, exceeding pre-epidemic levels.

Moody's quoted estimates from the International Energy Agency that oil and gas companies are expected to spend $352 billion on drilling and related activities this year. If they increase to the recommended $542 billion, it will be the highest in the world since 2015.

On Monday (October 11), U.S. crude oil prices continued to soar, setting a new high in the past seven years, while Bulu oil hit a three-year high. How long can oil be hot? Industry insiders believe that there is a lot of demand for oil heating in winter, the oil market (OPEC) increased production as originally planned, and the European and American energy crisis hits, resulting in strong expectations for oil prices in October. However, the fourth quarter is generally optimistic about oil prices. It should be noted that there may be some The risk of a callback.

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