CB&I to work on two ethylene plants.

Lianyungang Petrochemical Co., Ltd., a subsidiary of Zhejiang Satellite Petrochemical Co., Ltd., has awarded CB&I an ethylene spacer spools adapter spools technology contract for two ethylene plants, CB&I reported Wednesday.

BEIJING, April 18 (Reuters) - China National Offshore Oil Corp (CNOOC) on Wednesday sold cargoes of liquefied natural gas (LNG) on a domestic exchange for the first time, the latest step by China to boost supplies of the clean fuel as the nation shifts away from coal.

Fluor will perform the engineering and procurement scope for Marathon Petroleum's STAR program.

Marathon Petroleum Corp. (MPC) has chosen Fluor Corp to perform the engineering and procurement scope for MPC’s South Texas Asset Repositioning (STAR) program at its Galveston Bay refinery in Texas City, Texas, Fluor reported Wednesday.

Crude climbed to the highest since 2014.

(Bloomberg) -- Crude climbed to the highest since 2014 after across-the-board declines in U.S. stockpiles of oil, gasoline, diesel and jet fuel signaled increasing tightness in supplies.

BEIJING, April 17 (Reuters) - China's shale gas oil rig flanges gulf coast production will likely reach 17 billion cubic metres (bcm) in 2020, nearly double the 2017 level, as local oil companies make big progress with drilling spacer spools adapter spools technology and cost cutting, consultancy Wood Mackenzie said in a note on Tuesday.

Eni plans billions of investments in Algeria over the next 3 years, the company's CEO says.

Oran, ALGERIA, April 17 (Reuters) - Eni plans "billions" of investments in Algeria over the next three years, the company's CEO said on Tuesday, as the Italian energy firm said it had agreed to extend its partnership with Algerian state firm Sonatrach.

(Bloomberg) -- Oil edged higher after an industry report showed U.S. crude stockpiles and supplies at the nation’s largest storage hub both declined.

Futures in New York climbed from the settlement Tuesday after the American Petroleum Institute was said to have reported U.S.

WILMINGTON, Del., April 17 (Reuters) - A U.S. judge said on Tuesday he would approve Seadrill Ltd's plan to exit its Chapter 11 bankruptcy, in which the global offshore oil and gas drilling BOP Blow Out Preventer repair company gulf coast would shed billions of dollars of debt and raise $1 billion in new investment.

BERLIN, April 16 (Reuters) - Germany's aim with respect to the planned new Nord Stream 2 gas pipeline from Russia is to enable private infrastructure projects while protecting the justified interests of Ukraine, Economy Minister Peter Altmaier said.