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Toyota invests $391 million at its Texas truck assembly plant

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FILE PHOTO: The logo of Toyota is seen on a car during the Prague Autoshow in Prague, Czech Republic, April 13, 2019. REUTERS/David W Cerny/File Photo (Reuters) – Toyota Motor Corp (7203.T) said on Tuesday it was investing $391 million at its truck assembly plant in San Antonio, Texas, as part of the Japanese automaker’s Read More

Electric pickup, batteries included in GM’s $7 billion pledge

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DETROIT (Reuters) – An all-electric pickup truck and an advanced battery system will be part of the $7 billion that General Motors Co has pledged to invest in the United States as parts of contract talks with the United Auto Workers. FILE PHOTO: A 2019 Chevrolet Bolt plug-in electric vehicle is displayed at the North Read More

VAALCO Energy, Inc. Announces Intention to List on the Main Market of the London Stock Exchange

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HOUSTON, Sept. 16, 2019 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY) (“VAALCO” or the “Company”), an independent energy company focused on development and production assets in West Africa, today announces its formal intention to seek a Standard Listing on the Main Market of London Stock Exchange (”LSE”), to complement its existing Listing on the Read More

Southeast New Mexico acquires United flights to Denver, Houston

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9/13/2019 HOBBS, NM – The size of the Permian basin in southeastern New Mexico represents one of the largest fields in the United States, and residents of the area are taking action to facilitate the growth of the oil and gas industry in the area. After a recently completed expansion of the regional airport, Lea Read More

EU may need to regulate tech giants’ data use: EU antitrust chief

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FILE PHOTO: European Competition Commissioner Margrethe Vestager addresses a news conference on an antitrust case in Brussels, Belgium July 18, 2019. REUTERS/Yves Herman/File Photo BRUSSELS (Reuters) – The European Union may impose rules to ensure companies that collect data do not misuse it, Europe’s antitrust chief said on Friday, signaling how she could use her Read More

New Delhi to slash use of cars in November to cut pollution: chief minister

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NEW DELHI (Reuters) – India’s capital New Delhi will enforce strict restrictions on use of private cars from Nov. 4-15 to curb pollution, its chief minister said on Friday, in an effort to help improve air quality that tends to deteriorate sharply in winter months. FILE PHOTO: Vehicles drive through the smog in New Delhi, Read More

Draghi ties Lagarde’s hands with promise of indefinite stimulus

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FRANKFURT (Reuters) – European Central Bank chief Mario Draghi pledged indefinite stimulus on Thursday to revive an ailing euro zone economy, tying the hands of his successor for years to come and sparking an immediate conflict with U.S. President Donald Trump. As Draghi’s eight-year mandate nears its close, the ECB cut rates deeper into negative Read More

ECB promises stimulus buys ‘as long as necessary’

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FRANKFURT (Reuters) – The European Central Bank promised an indefinite supply of fresh asset purchases and cut interest rates deeper into negative territory on Thursday, an effort to prop up the ailing euro zone economy that was cheered by financial markets. European Central Bank (ECB) President Mario Draghi attends a news conference on the outcome Read More

UAE’s Ruwais upgrade may boost naphtha, middle distillates output: OMV CEO

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Abi Dhabi — An upgrade of the Ruwais refinery, Abu Dhabi National Oil Co.’s biggest processing facility, may help boost naphtha and middle distillates output thanks to the introduction of new crudes other than Murban, according to the CEO of OMV, one of three shareholders in ADNOC Refining. Not registered? Receive daily email alerts, subscriber Read More