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. The majority of HFO carriage in the Geographic Arctic is attributable to ships flagged to non-Arctic states with major ship registries like Panama, the Marshall Islands, Liberia, Malta, and the Bahamas.

2017 236

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

Green Car Congress

Another 11% is associated with the company’s downstream businesses that manufacture, transport and sell gasoline, diesel fuel and other refined products, fuel and lubricant additives, and petrochemicals. This planned spending includes initial appraisal of new acreage captured over the past two years, including Liberia, China and various international shale gas plays. Chevron Corporation announced a $32.7 billion capital and exploratory spending program for 2012.

2011 161