From the description at the oilstore:
PENNZOIL® SYNTHETIC EUROPEAN FORMULATION can be used in both passenger car and light duty diesel applications. It is specifically recommended for BMW, Porsche, and where Mercedes-Benz 229.3, VW 502, or VW 505 .00is required. PENNZOIL® SYNTHETIC EUROPEAN FORMULATION surpasses the performance requirements of API SL/CF and ACEA A3/B3. PENNZOIL® SYNTHETIC EUROPEAN FORMULATION can be also be used domestic vehicle applications that recommend API SJ, SH or API SG. PENNZOIL® SYNTHETIC EUROPEAN FORMULATION is only available in SAE 5W-40 viscosity grade.
• Meets MB 229.3, VW 502, and VW 505.00 specifications
• Meets BMW and Porsche requirements
• Exceeds the requirements of ACEA A3/B3
• Exceeds the requirements of API SL/CF