Westlake Chemical Partners LP, a subsidiary of Westlake Chemical Corp., Houston, has approved plans to boost ethylene production at affiliate Westlake Chemical OpCo LP’s (OpCo) 630 million-lb/year (286,000 tonne/year) plant at Calvert City, Ky. Source: News

A subsidiary of EnLink Midstream Partners LP and EnLink Midstream LLC has agreed to acquire subsidiaries of Tall Oak Midstream LLC for $1.55 billion. Source: News

History offers mixed guidance on how deteriorating relations between Iran and Saudi Arabia might affect the oil market. According to the standard analysis, movement toward armed conflict between two major oil producers should create worry about physically threated supply and raise the price of crude. Source: News

Oversupply in 2016 will continue to weigh down on both the global oil markets and the US natural gas market, resulting in a noticeable decline in capital spending and a rise in defaults among firms in the sector, predicts Moody’s Investor Service. Source: News

Behavior that defies logic implies deficiency either of the logic itself or of companion analysis. If this were not so, economists could not charge for their work. Source: News

Oil price forecasts are of immediate interest and importance to many industries, central banks, private forecasters, and international organizations. Source: News

Exchanging holiday cards helps keep us in touch with long-time, faraway friends. It also can let us know when someone we like has passed on. Source: News

The Washington State Energy Facility Site Evaluation Council (EFSEC) on Jan. 5 held the first of three public hearings on its draft environmental impact statement of a proposed Vancouver, Wash., crude oil terminal. Source: News

ConocoPhillips will emphasize North American unconventional oil and gas projects amid depressed oil and gas prices because technology is still driving costs down and improving their economics, Chief Executive Officer Ryan M. Lance said. Source: News