The Board of Directors of Renault Group unanimously approved the signing of agreements to sell 100% of Renault Group's shares in Renault Russia to Moscow City entity and its 67.69% interest in AVTOVAZ to NAMI (the Central Research and Development Automobile and Engine Institute). The...
LONDON--(BUSINESS WIRE)--Rio Tinto and bp have agreed to work together on a one-year biofuel trial to help reduce carbon emissions from Rio Tinto’s marine fleet. Under the trial, bp is supplying Rio Tinto with marine biofuel for approximately 12 month...
Mercedes-Benz 300 SLR Uhlenhaut Coupé from 1955 has been sold at auction for a record price of 135 million EUR to a private collector. This icon of automotive history is an absolute rarity – one of just two prototypes built at the time. Named after...
Mercedes-Benz announced a strategy update on the Côte d’Azur. This ‘Economics of Desire’ event outlined the future of Mercedes-Benz as a dedicated pure-play luxury car company and provided details of its strategic course. The company will focus even further on luxury, elevate its product portfolio,...
LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has partnered with Honeywell and DENSO, who will co-develop and manufacture the Lilium Jet’s electric motor (e-motor) that will power the Lilium Jet’s engines. Honeywell is already developing the Lilium Jet’s avionics and...
The U.S. Department of Energy (DOE) today announced the allocation of $7 million in funding from the President’s Bipartisan Infrastructure Law to expand the Industrial Assessment Center (IAC) program — a cohort of colleges and universities across the country that help small- and medium-sized manufacturers...
BOLOGNA, Italy--(BUSINESS WIRE)--#Autopromotec--EV fast-charging solutions provider Kempower will showcase its state-of-the-art fast-charging technology for the first time in Italy at Autopromotec in Bologna on May 25-28, 2022. Autopromotec is the most...
Vestas will support this growth through improving the scalability of new wind power solutions and increasing business case certainty for customers. To support the projected growth and increased penetration of renewables in the global energy mix, we are introducing the V163-4.5 MW, expanding the Vestas...
Baker Hughes Rig Count: U.S. +14 to 728 Canada unchanged at 88 "On the afternoon of Friday May 20, Gazprom Export informed Gasum that natural gas supplies to Finland under Gasum's supply contract will be cut on Saturday 21 May at 04.00 (GMT)", Gasum said. The...
Renewable energy will be forecasted, sourced, delivered and utilized in order to meet or exceed energy sustainability goals HOUSTON & PRINCETON, N.J.--(BUSINESS WIRE)--RPD Energy and Scoville Risk Partners are pleased to announce they have formed a st...
HOUSTON--(BUSINESS WIRE)--Mesa Royalty Trust (the “Trust”) (NYSE: MTR) announced today the Trust income distribution for the month of May 2022. Unitholders of record on May 31, 2022 will receive distributions amounting to $0.250358523 per unit, payable...
HOUSTON--(BUSINESS WIRE)--PACIFIC COAST OIL TRUST (OTC–ROYTL) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no cash distribution to the holders of its units of beneficial interest ...