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Oil field workers in 2012  drill into the Gypsum Hills near Medicine Lodge, Kan.   U.S. Steel said Tuesday it will lay off about 750 employees from two plants that make tubular steel, which is used in oil and gas drilling(AP Photo/Orlin Wagner, File)

Commentary: Finding agreement between “frenemies” — oil field services and integrated oil companies

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A Rice University professor wants to heal the divide between integrated and oil field services companies over pricing, technology, procurement and more.
(Paul O'Driscoll/Bloomberg News)

Despite commodities collapse, oil and gas companies still dominate Fortune’s Global 500 list

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Royal Dutch Shell fell to No. 2 on the list after a year of falling oil prices, with mega-retailer Walmart claiming No. 1 after seeing sales at its international locations jump.
Smoke and flames billow from a crude oil unit at the Chevron refinery in Richmond, Calif., Monday, Aug. 6, 2012. (AP Photo/ContraCosta Times, D. Ross Cameron )

Fire at Chevron refinery in California led to infighting at U.S. Chemical Safety Board

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The CSB strife can be traced back to the August 2012 fire at Chevron’s Richmond refinery that sent thousands of people to East Bay hospitals seeking treatment.
A United Steelworkers Union member pickets outside Marathon Petroleum Company's Galveston Bay Refining Division on Tuesday, March 3, 2015, in Texas City. ( Mayra Beltran / Houston Chronicle )

Strike at Marathon Petroleum refinery ends

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Workers at Marathon Petroleum Corp.’s Galveston Bay Refinery will go back to work following a more than four-month strike that ended Tuesday when union members ratified a contract with the company.
Man looking through office blinds

COMMENTARY: Silence is not golden when it comes to whistleblower law

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The recent federal action against Houston-based KBR for an overly broad confidentiality clause that could stifle whistleblowing employees reverberated through the corporate corridors of America.
OTC-DAILY

The biggest machines at OTC 2015

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Click through for some of the biggest tech Fuel Fix could find at this year’s conference.
Categories: OTC
Patrick Schorn, president of operations and integration for Schlumberger (Courtesy Schlumberger)

OTC Commentary: Contractors will have to offer bundled services, rather than discrete, to continue to compete

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Changes in technology are also transforming the way contractors work with operators, Schlumberger exec Patrick Schorn.
Mark Shuster, executive vice president of upstream Americas exploration for Shell (Courtesy Shell)

OTC Commentary: Shell exec wants Interior Department to usher in era of Atlantic drilling

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Mark Shuster, the executive vice president of upstream Americas exploration for Shell, says Secretary Sally Jewel should open up Atlantic acreage to offshore development.
Categories: OTC
Sinopec Oilfield Services Corporation has a very large oil field and oil industry model on display on day three of OTC on May 7, 2014 inside the NRG Center in Houston, TX. (Photo: Thomas B. Shea/For the Chronicle)

Photos from OTC day three

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The annual conference wraps up at NRG Park on May 7. But the conversation will continue for a fifth day for the first time on May 8 at OTC’s new event, D5, at the University of Houston.
Categories: OTC
FMC Technologies' subsea equipment has helped fuel the company's growth. (Photo: Johnny Hanson/Houston Chronicle)

From ropes to bolts, everything is bigger at OTC

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All of the products needed for deepwater development are engineered at a level beyond what most other industries require.