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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.


TSX:NVA - Post by User

Post by Carjackon Jul 22, 2022 11:58pm
119 Views
Post# 34844987

China braces for ‘big heat’ day with temperatures set to soa

China braces for ‘big heat’ day with temperatures set to soa

China is set for the return of more heatwaves over the next 10 days, with temperatures set to start spiking in parts of the country on Saturday.

Some coastal cities are already on their highest alert level and inland regions warning of dam failure risks because of melting glaciers.

This Saturday is the day of the “big heat” in the Chinese Almanac based on the lunar calendar. 

Dangerous heatwaves engulf parts of China, US and Europe

Read more

The hot spell was expected to be similar in scope as heatwaves from 5-17 July, but more regions could be hit by temperatures of 40C (104F) or higher, Fu Jiaolan, chief forecaster at the National Meteorological Centre, told state media.

Some cities in Zhejiang province, home to many factories and exporters, on Friday issued red alerts – the highest in a three-tier warning system – forecasting temperatures of at least 40C in the next 24 hours.

The load on the national power grid could reach a new high this summer as demand for air-conditioning by homes, offices and factories surges, with safe operation facing “severe tests”, the ministry of emergency management warned on Friday.

“For all of the factories in China and in Shanghai we have regulations that need to be followed,” said Leo Zhang, president of chemical product maker Sika China.

“Every year we do things to make the work more comfortable, for example giving workers ice-creams when it gets too hot.”

Zhejiang, as well as parts of Fujian, Guangdong, Hunan, Jiangxi and the city of Chongqing, also stood at risk of forest fires in the near term, the ministry said.

In the western region of Xinjiang, accelerated glacial melt until 29 July posed risks to rivers and dams, the China Meteorological Administration said on Friday, warning particularly of a high risk of dam failure on a tributary of the Aksu River near China‘s border with Kyrgyzstan.

This round of hot weather would have “a certain degree of impact” on the melting of alpine snow and ice, the administration said.

The heat in China this summer has been described as extreme. From 1 June to 20 July, the Yellow River and Yangtze River basins – major centres of industry and commerce – were hit by at least 10 high-temperature days more than the norm.

Heatwaves have also scorched other parts of east Asia, western Europe, north Africa and North America, sparking wildfires in many countries. 

Scientists caution that climate change will only make heatwaves hotter and more frequent.

The highest-ever recorded temperature in China is a matter of debate. According to Chinese media, the hottest period in the past 300 years was in July 1743 during the Qing dynasty, with a French missionary in Beijing said to have recorded an all-time high of 44.4C.

In 2015, a local news portal reported 50.3C at a weather station near Ayding, a dry lake in Xinjiang’s Turpan Depression.

Temperatures in the oasis city of Turpan could reach 50C next week, the China Meteorological Administration said on Friday.

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