Ferrari presented a luxury car with a difference on Wednesday – a hybrid model that can cruise silently through city streets on electric power as well as hitting a top speed of 340 km per hour.

Fiat Chrysler has made a “transformative” merger proposal to Renault, the Italian-American carmaker said, in a deal that would create a new third-ranked global manufacturer.

The deliveries of conditional Russian oil to the Belarusian refinery Naftan via pipeline transport should be restored before July 28, said Deputy Prime Minister of Belarus, Igor Lyashenko on Friday. This means two more months of delay for clean Russian oil via the Druzhba pipeline.

Sberbank Group has become the main owner of Antipinsky Oil Refinery as it received ownership rights to stocks of Vikay.

The retirement of Daimler Ceo Dieter Zetsche inspired BMW to produce a funny video.

Norsk Hydro has received approval to resume full production from Alunorte, its alumina refinery in Brazil.

Formula 1 legend Niki Lauda is dead. As the family announced in an email Tuesday night, the 70-year-old threefold Formula 1 World Champion and flight entrepreneur died on Monday.

The Antipinsky Refinery (part of New Stream group of companies of Dmitry Mazurov) has filed a bankruptcy petition.

BMW will not become sponsor of German soccer club Bayern München, the FAZ reports.

The French oil and gas corporation Total has suspended operations at some installations at an oil refinery in Leuna in order to carry out the necessary inspections in connection with contaminated Russian oil into the Druzhba pipeline