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Singapore Airlines & CAAS partner on “Green Package” flights; biofuels, optimized operations and fuel-efficient A350-950

Green Car Congress

Singapore Airlines (SIA), in partnership with the Civil Aviation Authority of Singapore ( CAAS ), has started operating a series of 12 “green package” flights over a three-month period on its non-stop San Francisco-Singapore route. In May 2011, CAAS and SIA launched regular ASPIRE flights on the Los Angeles-Singapore route.

Singapore 150
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ICCT life-cycle analysis finds no climate benefit in using LNG as marine fuel

Green Car Congress

The results of a new analysis by the International Council on Clean Transportation (ICCT) show that, when combined with a trend toward higher methane leakage and combustion slip, there is no climate benefit from using liquefied natural gas (LNG) as a marine fuel—regardless of the engine technology. First, it contains very little sulfur.

Mariner 427
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Survey finds LNG-fueled ship orders up 26% in six months

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High oil prices, impending emissions regulations and technical advancements are propelling the market faster than we expected. A key factor is International Maritime Organization Tier III emissions standards, which are slated to take effect in 2015-2016. What surprised us is the rate.

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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

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By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 Approximately 87% of the 2012 spending program is budgeted for upstream crude oil and natural gas exploration and production projects. First production is expected in 2016. million barrels per day. —Chairman and CEO John Watson.

Chevron 170
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Saudi Aramco, Dow sign Sadara JV Shareholders’ agreement; all units expected to be on line by 2016

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All units are expected to be up and running in 2016. billion barrels of proven reserves of crude oil, the largest, and 279 trillion cubic feet of gas reserves, the fourth-largest in the world. billion barrels of proven reserves of crude oil, the largest, and 279 trillion cubic feet of gas reserves, the fourth-largest in the world.