Abu Dhabi National Oil Co. signed agreements Sunday selling a combined 35 percent stake in itself to Eni and OMV for a total of $5.8 billion. The companies said they intend to expand Adnoc operations, including its refining complex in Al Ruwais, United Arab Emirates, which has a base oil plant. read more
January 29, 2019
Volume 2 Issue 5
Commercial vehicle registrations across the European Union grew 3.2 percent to 2.5 million in 2018, its sixth consecutive year of growth, while passenger car registrations edged up 0.1 percent to almost 15.2 million, the fifth straight year of growth, according to the European Automobile Manufacturers Association. read more
Stockholm-based Nynas appointed company Chief Financial Officer Bo Askvik interim president and CEO. Gert Wendroth, president and CEO since 2014, will leave the company.