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

A new study by the International Council on Clean Transportation (ICCT) estimates heavy fuel oil (HFO) use, HFO carriage, the use and carriage of other fuels, black carbon (BC) emissions, and emissions of other air and climate pollutants for the year 2015, with projections to 2020 and 2025. The report found that shipping within the Arctic as defined by the International Maritime Organization (IMO) consumed an estimated 436,000 tonnes of fuel and emitted 193 tonnes of black carbon in 2015.

2017 236

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

Green Car Congress

This planned spending includes initial appraisal of new acreage captured over the past two years, including Liberia, China and various international shale gas plays. Investments include refinery projects geared toward improving returns by increasing energy efficiency and feedstock flexibility, and producing cleaner fuels. Chevron Corporation announced a $32.7 billion capital and exploratory spending program for 2012.

2011 161