VW 504.00/507.00 is a dual-rated lubricant, designed to be used in both petrol and diesel engines.
Most VW oil standards tend to be dual-rated, including 502.00/505.00, 503.00/506.00, and so on.
Note that VW will not approve or release a lubricant that only passes either the petrol (504.00) or diesel (507.00) criteria. EDIT - hence you will never find a lubricant on the market that only meets either spec.
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