CNBC Energy

Oil rebounds 31 cents, settling at $47.09, on report of falling US crude stockpiles
Oil prices rose on Thursday on expectations of a hefty stockpile draw at the U.S. oil storage hub at Cushing, Oklahoma.

Citi: Oil prices likely stuck between $40 and $60 for next 5 years with some shocks along way
U.S. crude prices are likely capped at $60 a barrel through 2022, but could rise above $70 and fall below $40, Citi said.

European markets close lower; Euro drops on ECB minutes; Straumann up 11%
Markets in Europe closed lower on Thursday as uncertainty surrounding internal U.S. policy continued to weigh on investor sentiment despite tensions easing between the U.S. and North Korea.

Three Mile Island at center of debate: Let nuclear plants die or save them
Three Mile Island nuclear power plant will shut down in 2019 unless Pennsylvania or a regional grid operator intervenes.

Cheap natural gas driving out nuclear power
CNBC's Jackie DeAngelis reports on how nuclear gas prices are affecting other sources of energy in the U.S.


Former Anadarko CEO back in the oil game
James Hackett, the former chief executive of Anadarko Petroleum Corp. who retired to attend Harvard Divinity School, is back to running an oil company.

Victoria Oil and Gas provides update on Logbaba drilling operations in Cameroon
As of Aug. 16, Well La-107 has been successfully drilled to its planned TD of the 6-in. hole section at 3,180 m MD (3,166 m TVD) where the base of the Logbaba formation was encountered.

Qatar's growth prospects dim as Saudi-led boycott takes its toll
Qatar’s economy will expand this year at the slowest pace since 1995, according to economists surveyed by Bloomberg this month, as the impact of a Saudi Arabia-led boycott is felt on trade and investor confidence.