Page 278 of the Owner's Manual, found on front page of this site:
Index of /pdf/e70
jacking points are right behind front wheel well and, right in front
of rear wheel well.
That front nub works well too, for getting front end up.
I like M1 0W-40, but many here will say the BMW dlr oil or
Castrol full syn 5W-30, et al.
GL, mD