In the heart of Lamborghini’s headquarters in Sant’Agata, Bologna, something exciting is brewing. The Italian automaker is set to launch a new flagship supercar, the LB744, which is slated to replace the beloved V12 Aventador as the company’s star child. This monster of a machine will be a hybrid super sports car with a combined power of more than 1,000 hp thanks to the new V12 combustion engine coupled to three electric motors, and promises to be the new benchmark of performance, design and technology in the cutting edge. the cutting edge of automotive design. LB744 Drive trainLamborghini The LB744…
Author: Automotivedealernews.com
The OPEC Fund for International Development (the OPEC Fund) revealed this week that it has approved more than $300 million in new financing in the first quarter of 2023. A $54 million (€50 million) loan for Armenia “will support policies to increase climate resilience and mitigation through a series of reforms on energy efficiency, air quality standards and to finance environmental impact assessments,” the OPEC Fund said in a statement. Colombia has borrowed $150 million to “support policies promoting sustainable and resilient growth by fostering the government’s capacity to plan climate action and promote the energy transition,” the group’s member-funded…
New York, March 16, 2023 — Moody’s Investors Service (“Moody’s”) has assigned a Baa2 rating to NewMarket Corporation’s (“NewMarket”) $900 million unsecured revolving credit facility due 2025. The Baa2 long-term issuer rating and Baa2 rating on senior unsecured notes remain unchanged. The outlook is stable. “NewMarket is obtaining a rating on its senior unsecured revolving credit facility to reduce borrowing costs in this high-rate environment,” said Domenick R. Fumai, Moody’s vice president and principal analyst at NewMarket Corporation. Duties: ..Issuer: NewMarket Corporation ….Senior Unsecured Revolving Credit Facility, assigned Baa2 JUSTIFICATION OF THE ASSESSMENT NewMarket’s Baa2 rating reflects a stable earnings…
MOBILE, Ala. (WKRG) — The Mobile Police Department said it is investigating after a woman’s car was taken at gunpoint Wednesday night. Police were called to Boyett Street around 6:40 p.m. on Wednesday, March 15 in reference to a carjacking. VIDEO: Watch the latest video stories in the WKRG News 5 Video Center According to the woman, two strangers approached the car and one of them pulled out a gun and “asked for the keys” to the car. The woman gave them the keys and they both left the place in the woman’s car. No one was injured and the…
Luminescent’s circular solution uses isothermal processes to capture and store waste heat, transforming a previously inaccessible resource into waste-free energy. As the world grapples with rising inflation, a cost-of-living crisis, climate change and more, it’s clear that the fossil-fueled status quo isn’t working. Fossil fuels may have seemed like the crutch we could depend on, allowing us to build, develop and evolve; however, the reality is that they are now causing the world to burn, swell and divide. Fossil fuels currently account for approximately 81% of global energy production, with only 13% generated by renewables. By 2050, it is estimated…
Project and asset delivery services provider Worley has secured a contract to provide engineering services for the FEL 2 stage of a gas-to-liquids (GTL) facility in North Dakota. The contract has been awarded by the Canadian energy and resources development company Cerilon. This GTL facility will convert natural gas to produce up to 24,000 barrels per day of low-carbon, synthetic energy products such as ultra-low sulfur diesel, naphtha and lubricating base oils, Worley said in his statement . With new mandates expected in the US on transportation fuels, production of these liquids will help meet high demand and help with…
BMW is celebrating its 25th anniversary as the official MotoGP car, and to celebrate the anniversary, it has modified a new M2 to act as the official safety car for the 2023 season. “2023 is our 25th season as an official MotoGP car; a close and long-term partnership like this is special in international racing,” said Franciscus van Meel, CEO of BMW M GmbH. “With this, we continue our tradition of putting the latest high-performance BMW M cars at the service of MotoGP safety.” In order to serve as MotoGP’s new safety car, the BMW M2 added emergency lights to…
FSO damaged aft (Royal Thai Navy) Posted on March 16, 2023 at 12:33 p.m. by The Maritime Executive The Thai government has ordered the Royal Thai Navy and the Department of Transport to help prevent a potentially significant oil spill from a damaged FSO operated by Chevron 129 miles off the country’s coast. The ship, the Benjamins 2was rocked by an explosion during routine maintenance and is taking on water aft. Chevron issued a statement confirming that a crew member, a contractor, who was working aboard the vessel during the maintenance operation was killed. They were reportedly working on…
Elaine lives in The Big Easy, and her Hyundai Accent Hatchback is a little worse for wear. He wants to replace it with something that’s also easy to park, but also has better ground clearance for the worn, wet streets of New Orleans. Which car should I buy?In case you missed it:(Welcome back to Which car should you buy?? Where we give real car buying advice to real people. Do you want us to help you find a car? Submit your story in our form.)Here is the scenario.Looking to replace a 2016 Hyundai Accent Hatchback that has seen better days.…
TFUCHS Lubricants South Africa’s Emalahleni branch in Mpumalanga offers a dedicated pumping service to major coal mine customers to keep essential equipment such as draglines and excavators running at all times. Branch manager Stefan Venter explains that two FUCHS trucks are on standby to supply product to the lube tanks of a dragline with a capacity of 3,000 kg. “It’s a closed-loop system as we don’t have any contamination issues to open a drum. We simply use quick couplers to connect and pump the product, emptying a 1,200kg bulk container at a time. It’s a value-added service that we offer…