Oil&Auto

The FINANCIAL -- BP on April 27 announced that it has agreed to sell its 50% stake in the Shanghai SECCO Petrochemical Company Limited (SECCO) to Gaoqiao Petrochemical Co Ltd, a 100% subsidiary of China Petroleum & Chemical Corporation (Sinopec), BP’s joint venture partner, for a total consideration of $1.68 ...

The FINANCIAL -- “In the first quarter, both the Group’s sales and profitability increased. Net sales increased by 8% and amounted to SEK 77.4 billion. Volumes of heavy-duty and medium-duty ...

The FINANCIAL -- In a new boost to the Turkish automotive industry, the EBRD is providing a €150 million loan to Ford Otomotiv Sanayi A.Ş., (Ford Otosan) to finance improvements to the ...