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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.,

Oil 283
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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

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. Approximately 87% of the 2012 spending program is budgeted for upstream crude oil and natural gas exploration and production projects.

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