U.S. Rig Count is down 73 rigs from last week to 529, Canada Rig Count is down 5 rigs from last week to 30

China on Friday reported a contraction of 6.8% in its Q1 GDP, but economic activity improved in March from January-February.

Norway's preliminary production figures for March 2020 show an average daily production of 2 038 000 barrels of oil, NGL and condensate,

ADNOC has terminated $1.65 billion worth of contracts

Crude oil production from the major US onshore regions is forecast to decrease 183,000 b/d month-over-month in April from 8,709 to 8,526 thousand barrels/day, gas production to decrease 869 million cubic feet/day from 84,027 to 83,158 million cubic feet/day .

Baker Hughes has approved a plan that will result in restructuring, impairment, and other charges of approximately $1.8 billion

Podcast/Audio - COVID-19 and the considerable impacts both positive and negative that it will have on the world of Energy

U.S. Rig Count is down 62 rigs from last week to 602, Canada Rig Count is down 6 rigs from last week to 35

"At the same time, the industry has announced and initiated a number of measures, and we can already see that this is affecting activity on the Norwegian shelf. Substantial cost cuts have been announced, reducing both exploration activity, investments and operating costs moving forward," says Director General Ingrid Sølvberg.

ExxonMobil capital investments for 2020 are now expected to be about $23 billion, down from the previously announced $33 billion.

The worldwide rig count for February 2020 was 2,125, up 52 from the 2,073 counted in January 2020, and down 181 from the 2,306 counted in February 2019.

U.S. Rig Count is down 64 rigs from last week to 664, Canada Rig Count is down 13 rigs from last week to 41

Oil slid to $25 a barrel on Wednesday, within sight of its lowest in 18 years,

Rosneft entered into an agreement with a company 100%-owned by the Russian government on the sale of shares and termination of its participation in all projects in Venezuela,

U.S. Rig Count is down 44 rigs from last week to 728, Canada Rig Count is down 44 rigs from last week to 54