Oil&Auto

Eni will invest €7 billion in Italy over the next four years

The FINANCIAL -- Eni CEO Claudio Descalzi on April 18 presented the company’s Strategic Plan for the four-year period 2018-2021 to the Italian financial community, also providing an update on the company’s results regarding safety, its green activities in Italy and ongoing progress in research and ...

Total To Acquire Direct Energie For 1.4 Bln Euros

The FINANCIAL -- Total has entered into an agreement with the controlling shareholders of Direct Energie for the proposed acquisition of 74.33% of its share capital, at a price of €42 per share, ...

John Deere Launches Electric One-Touch MulchControl

The FINANCIAL -- John Deere introduces electric One-Touch MulchControlTM that allows operators to quickly change between side discharge mowing and mulching with just the push of a button. A mower ...

Goodyear, Bridgestone join forces to form U.S. national tire distributor

The FINANCIAL -- The Goodyear Tire & Rubber Company (Goodyear) and Bridgestone Americas, Inc. (Bridgestone) on April 16 announced they are forming one of the largest tire distribution joint ...

John Deere 1600 Turbo Series III Wide-Area Mowers Now FT4 Compliant

The FINANCIAL -- On April 17 John Deere announces updates to the 1600 Turbo Series III Wide-Area Mowers, including the addition of a Final Tier 4 (FT4)-compliant ...

John Deere Introduces High-Performance Vibratory Plate Compactors

The FINANCIAL -- John Deere is adding three new plate compactors to its portfolio of over 100 Worksite Pro attachments, offering customers more model options to choose from while maintaining the same ...

Statoil awarding billion NOK contract for Njord Bravo FSO

The FINANCIAL -- Statoil is on April 19 awarding, on behalf of the Njord license, a contract to Aibel for upgrading of the Njord Bravo floating storage and offloading (FSO) vessel in the Norwegian ...

GM Names Steve Carlisle Senior VP and President, Cadillac

The FINANCIAL -- General Motors on April 18 announced the appointment of Steve Carlisle as General Motors senior vice president and president, Cadillac, replacing Johan de Nysschen, who is leaving ...

Mercedes-Benz starts production of new A-Class

The FINANCIAL -- The start of the new A-Class at the Mercedes-Benz plant in Rastatt, 90 km west of Stuttgart in Germany, is the trigger for the production of the new generation of compact cars in ...

BP and Reliance sanction second phase of integrated KG D6 development

The FINANCIAL -- BP and Reliance Industries Limited (RIL) on April 19 announced the sanctioning of the ‘Satellite cluster’ project in Block KG ...

Eni and SONATRACH sign agreements to extend their historic partnership

The FINANCIAL -- The Chairman and General Manager of the Algerian state company SONATRACH, Abdelmoumem Ould Kaddour, and the Chief Executive Officer of Eni, Claudio Descalzi, on April 17 signed a ...

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