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Armed security stands near an oil pipe at the Bryan Mound facility of the Strategic Petroleum Reserve  in Freeport, Texas. (Photo: Brett Coomer/Houston Chronicle)

Guest commentary: Time to fix the Strategic Petroleum Reserve

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Two retired Air Force generals make a case for the importance of the country’s Strategic Petroleum Reserve.
An oil well owned an operated by Apache Corporation in the Permian Basin are viewed on February 5, 2015 in Garden City, Texas. (Photo by Spencer Platt/Getty Images)

U.S. crude closes at second lowest price of 2015

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The last time crude fell this low was March 17, when it hit $43.36 per barrel, the price since the beginning oil’s slide all the way back in June 2014.
(AP file photo/Marco Garci)

Tesoro settles pollution suit from California regulators for $4 million

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Texas-based oil manufacturer Tesoro Corp. has agreed to pay $4 million to settle a lawsuit claiming the company spewed smog- and ozone-producing pollutants at its refinery in Martinez.
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.