The United States has dropped four rigs since January 24, and 255 rigs since February 1, 2019, Baker Hughes' most recent rotary rig count has revealed.

Chinese oil demand has dropped by about three million barrels a day as the coronavirus squeezes the economy, according to people with inside knowledge of the country's energy industry.

Exxon shares fell so much on Friday that the decline wiped out $12 billion in market value in less than three hours.

WTI and Brent prices fell Friday and are down for the week.

The Mainline is Canada's largest oil pipeline network, with the capacity to ship about 2.85 million barrels a day.

Most of the fourth-quarter loss stemmed from $10.4 billion in previously announced impairments.

While massive world-scale LNG projects around the coast of North America have dominated headlines, smaller-scale regional LNG is also growing quickly.

Range Resources will deploy electric hydraulic fracturing in Appalachia.

Sales of Latin American oil cargoes to China have ground to a halt this week as the deepening crisis around the coronavirus further stifles an already quiet holiday period.

Texas-based Earthstone Energy has announced that its current president will be appointed chief executive officer and president.

Offshore installation for Brazil's first integrated SPS and SURF project could start in two years. IMAGE SOURCE: Equinor

The index achieved its cyclical peak in February and fell for the next 10 months.

Rystad Energy looks at the potential impact of a federal acreage fracking ban.

Here's a roundup of Rigzone's top five most popular articles during the last couple of weeks, in order, just in case you missed them...

Oil jumped after the World Health Organization said there's no need for travel bans due to the coronavirus.

After three trading days showing relatively modest price movements, the WTI and Brent benchmarks exhibited greater volatility Thursday.

FERC confirmed project support as PennEast prepares to take its case to the nation's highest court.

Independent refiners, or teapots, are likely to be hit the hardest as they're more exposed to domestic consumption.

Capital spending in the the world's third-largest crude reserves is projected to rise $8.8 billion this year.

From left, Oceaneering Senior Manager Leigh Martin and Aquaterra Managing Director James Larnder. PHOTO SOURCE: Aquaterra Energy