Alix Steel

New York

Co-Host at Bloomberg Intelligence Podcast

Alix Steel is the co-anchor of Bloomberg Markets 10am-12pm, Bloomberg Commodities Edge Thursday’s 1-1:30 @BloombergTV, opinions are my own

Articles

Chevron Could Integrate Hess Within Days of Closing, CEO Says

1 month ago | bloomberg.com | David Wethe |Alix Steel

John Hess, chief executive officer of Hess Corp., left, and Mike Wirth, chairman and chief executive officer of Chevron Corp. (Bloomberg) -- Chevron Corp. Chief Executive Officer Mike Wirth says he remains confident his company will prevail against in an arbitration case against Exxon Mobil Corp. and close its $53 billion deal to buy Hess Corp.
Xcel CEO Says AI Power Needs Raise Prospect of New Large Nuclear

1 month ago | news.bloomberglaw.com | Josh Saul |Mark Chediak |Alix Steel

It’s been more than a decade since the US last broke ground on a large-scale nuclear power plant that came online. Xcel Chief Executive Officer Bob Frenzel is raising the idea that it’s time to start again. Many in the utility industry are trying to puzzle out how to meet the expected boom in power demand that’s forecast from the data centers that run artificial intelligence.
Xcel CEO Says AI Power Needs Raise Prospect of New Large Nuclear

1 month ago | bloomberg.com | Josh Saul |Mark Chediak |Alix Steel

Bob Frenzel(Bloomberg) -- It’s been more than a decade since the US last broke ground on a large-scale nuclear power plant that came online. Xcel Chief Executive Officer Bob Frenzel is raising the idea that it’s time to start again. Many in the utility industry are trying to puzzle out how to meet the expected boom in power demand that’s forecast from the data centers that run artificial intelligence.
Xcel CEO Says AI Power Needs Raise Prospect of New Large Nuclear

1 month ago | financialpost.com | Josh Saul |Mark Chediak |Alix Steel

Advertisement 1It’s been more than a decade since the US last broke ground on a large-scale nuclear power plant that came online. Xcel Chief Executive Officer Bob Frenzel is raising the idea that it’s time to start again. Article content(Bloomberg) — It’s been more than a decade since the US last broke ground on a large-scale nuclear power plant that came online. Xcel Chief Executive Officer Bob Frenzel is raising the idea that it’s time to start again.
LA Fire Investigation Will Take a Year or More, Edison CEO Says

1 month ago | insurancejournal.com | Mark Chediak |Alix Steel |Romaine Bostick

The probe into the deadly Southern California Eaton fire is likely to take a year or more as authorities examine Edison International’s utility equipment as the possible cause, according to the company’s chief executive officer.
Phillips 66 CEO Says Elliott Overhaul Plan Risks Company’s Value

1 month ago | news.bloombergtax.com | Elizabeth Elkin |Alix Steel

Selling or spinning off the Phillips 66 pipeline business would take value away from the company, Chief Executive Officer Mark Lashier said amid a proxy battle between the US oil refiner and activist investor Elliott Investment Management. The firm and the crude company have been at odds since Elliott disclosed it had built a major shareholding. Elliott has been pushing for Phillips to sell or spin off its pipeline business.
Phillips 66 CEO Says Elliott Overhaul Plan Risks Company’s Value

1 month ago | news.bloomberglaw.com | Elizabeth Elkin |Alix Steel

Selling or spinning off the Phillips 66 pipeline business would take value away from the company, Chief Executive Officer Mark Lashier said amid a proxy battle between the US oil refiner and activist investor Elliott Investment Management. The firm and the crude company have been at odds since Elliott disclosed it had built a major shareholding. Elliott has been pushing for Phillips to sell or spin off its pipeline business.
LA Fire Investigation Will Take a Year or More, Edison CEO Says

1 month ago | bloomberg.com | Mark Chediak |Alix Steel |Romaine Bostick

Private contractors remove debris from a home destroyed by the Eaton Fire in Altadena, California. (Bloomberg) -- The probe into the deadly Southern California Eaton fire is likely to take a year or more as authorities examine Edison International’s utility equipment as the possible cause, according to the company’s chief executive officer.
One of Trump’s Biggest Oil Donors Vows to Only Buy US-Made Gear

1 month ago | news.bloombergtax.com | David Wethe |Alix Steel

Harold Hamm, a shale billionaire and significant donor to President Donald Trump, said his company Continental Resources is committing to only buy oilfield equipment made in the US — even if it costs more. Hamm, a geologist who invented sideways drilling in oilfields, said he studied how tariffs would impact his business and was surprised to learn how much of his equipment was made internationally.
Energy Secretary Aims to Reassure Oil Bosses Amid Trade War (1)

1 month ago | news.bloomberglaw.com | David Wethe |Alix Steel

Energy Secretary Chris Wright sought to reassure US oil companies during a visit to Oklahoma, saying turmoil from President Donald Trump’s trade war is apt to be fleeting and the administration fully supports more crude output. “The uncertainty you are seeing around tariffs — that’s a short term issue,” Wright said during an interview with Bloomberg Television at an energy conference in Oklahoma City.