The FINANCIAL - Oil&Auto

BMW and Kith announced special-edition version of the new BMW M4 Competition Coupé

The FINANCIAL -- Just a few weeks on from its world premiere, BMW M introduces a very special edition model of the new BMW M4 Competition Coupé (fuel consumption combined: 10.2 l/100 km [27.7 mpg imp]; CO2 emissions combined: 234 g/km). Created in collaboration with New York lifestyle brand Kith, the BMW M4 Competition x KITH is limited to just 150 units and features unique exterior and ...

Caterpillar to acquire Weir Oil & Gas

The FINANCIAL -- Caterpillar Inc. (NYSE:CAT) has signed an agreement to acquire the Oil & Gas Division (“Weir Oil & Gas”) of the Weir Group PLC, a Scotland-based global engineering ...

Oil prices fell by 30%

The FINANCIAL -- Oil prices plunged on Monday by around 30% as Russia on Friday refused to join the Organization of the Petroleum Exporting Countries [OPEC] in a large production cut. Because of that ...

OPEC Pushes for oil production slash but will Russia agree?

The FINANCIAL -- With oil prices down more than 20% since the start of the year as the economic impact of the coronavirus saps oil demand. Oil’s losses came even as OPEC agreed to cut crude output ...

BP cuts dividend and plans to slash oil production by 40%

The FINANCIAL -- BP to cut down on oil spending and focus on clean energy as a part of a major strategic overhaul revealed on Tuesday, together with a major second quarter loss and dividend cut. BP ...

Caterpillar reported changes to its executive office

The FINANCIAL -- Caterpillar Inc. (NYSE: CAT) announced changes to its Executive Office with the retirements of Group Presidents William (Billy) P. Ainsworth and Ramin Younessi at year-end 2020, and ...

Total delivered its first carbon neutral gas cargo

The FINANCIAL -- Total has delivered its first shipment of carbon neutral1 liquefied natural gas (LNG) to the Chinese National Offshore Oil Corporation (CNOOC). The loading operation was carried ...

Studies show that GM produces the most American-made vehicles

The FINANCIAL -- General Motors produces more models with the highest amounts of American-produced components than any other automaker, according to two recent independent studies. In the Cars.com ...

In Q3 SOCAR exported about 3,7 mln tons of crude oil and more than 148 mln cubic meters of natural gas

The FINANCIAL -- SOCAR produced above 1,8 million tons1 of oil and more than 1,8 billion cubic meters2 of natural gas during the third quarter of 2020. Due to production cuts under OPEC+ ...

BMW introduces BMW points, which can be redeemed to charge vehicles for free

The FINANCIAL -- The BMW Group continues its consistent support for electromobility. With BMW Points, the worldwide first bonus programme for drivers of Plug-in Hybrid Models, the company creates ...

Ford updates America’s best-selling van with recreational vehicle and parcel delivery option packages

The FINANCIAL -- New for 2021 model year, America’s best-selling van – Ford Transit – is updated with recreational vehicle and parcel delivery option packages for those who work hard and play ...

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BMW and Kith announced special-edition version of the new BMW M4 Competition Coupé

Caterpillar to acquire Weir Oil & Gas

Oil prices fell by 30%

OPEC Pushes for oil production slash but will Russia agree?

BP cuts dividend and plans to slash oil production by 40%

Caterpillar reported changes to its executive office

Total delivered its first carbon neutral gas cargo

Studies show that GM produces the most American-made vehicles

In Q3 SOCAR exported about 3,7 mln tons of crude oil and more than 148 mln cubic meters of natural gas

BMW introduces BMW points, which can be redeemed to charge vehicles for free

Ford updates America’s best-selling van with recreational vehicle and parcel delivery option packages

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