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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

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. Policies could be implemented at the global, regional, national, or subnational scales.

Oil 283
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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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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. Global exploration funding is expected to be $3 billion in 2012. Spending of $28.5 Kazakhstan/Russia: Caspian Pipeline expansion.

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