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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

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.

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