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ICCT study examines current & projected use of heavy fuel oil in Arctic shipping; growth in BC emissions points to need for policies

Green Car Congress

While less than half of the ships in the Arctic use HFO, it represents 75% of the fuel onboard ships in the Arctic because larger ships, with larger fuel tanks, tend to use HFO instead of cleaner distillate fuels. HFO and distillate), which would require a complete shift to cleaner fuels (e.g.,

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

Green Car Congress

Global exploration funding is expected to be $3 billion in 2012. This planned spending includes initial appraisal of new acreage captured over the past two years, including Liberia, China and various international shale gas plays. United Kingdom: development of the offshore Clair Ridge project. Capital spending of $3.6

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