Oil And Gas Industry Keeps Percolating Along -- March 29, 2016

From SeekingAlpha:

• The Chevron Phillips petrochemical joint venture says it will expand capacity at its Cedar Bayou plant in Baytown, Tex., to produce low-viscosity polyalphaolefins by 10K metric tons/year, or by ~20%.
• The JV between Chevron and ConocoPhillips says it is attempting to meet increased demand for performance lubricants used in the auto and other industries to help boost energy efficiency.
• The company does not release cost figures, but it already has expanded its petrochemical presence in the Houston area by ~$6B.