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

Shell CEO Says Pursuing Major Deal Risks Being a Distraction

4 weeks ago | rigzone.com | Mitchell Ferman |Alix Steel

Shell Plc Chief Executive Officer Wael Sawan said the UK energy company will continue to look for potential acquisitions, but warned of the risks inherent in pursuing a major deal. Speaking in a Bloomberg TV interview Tuesday, he declined to answer directly if Shell would consider looking at its rival BP Plc, but said “the bar is high” for any transaction.
Shell CEO Says Pursuing Major Deal Risks Being a Distraction

4 weeks ago | financialpost.com | Mitchell Ferman |Alix Steel

Shell Plc Chief Executive Officer Wael Sawan said the UK energy company will continue to look for potential acquisitions, but warned of the risks inherent in pursuing a major deal. (Bloomberg) — Shell Plc Chief Executive Officer Wael Sawan said the UK energy company will continue to look for potential acquisitions, but warned of the risks inherent in pursuing a major deal.
Shell CEO Says Pursuit of a Major Deal Risks Being a Distraction

4 weeks ago | bloomberg.com | Mitchell Ferman |Alix Steel

Shell Plc Chief Executive Officer Wael Sawan said the UK energy company will continue to look for potential acquisitions, but warned of the risks inherent in pursuing a major deal. Speaking in a Bloomberg TV interview Tuesday, he declined to answer directly if Shell would consider looking at BP Plc, but said “the bar is high” for any transaction.
Wildcatter Hamm Says Shale Needs $80 Oil for Costly Fields (1)

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

Harold Hamm, the billionaire wildcatter and a major donor to President Donald Trump, has challenged a claim from the new US energy secretary that domestic oil companies could increase production even at prices as low as $50 a barrel. Hamm’s words represent one the first signs of public push-back from the US shale industry against the Trump administration’s energy policy. Hamm, 79, was one of the president’s biggest financial backers in last year’s election.
Wildcatter Harold Hamm Says Shale Needs $80 Oil for Costly Fields

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

Many in the sector have welcomed the new administration’s policy of cutting regulations and boosting domestic oil and gas production. But that support sits uneasily alongside Trump’s statements calling for significantly lower energy prices. Energy Secretary Chris Wright told the Financial Times this week that while new supply will push down prices, oil companies will learn to innovate and bounce back.
Wildcatter Harold Hamm Says Shale Needs $80 Oil for Costly Fields

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

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
TotalEnergies' Mozambique LNG Poised for Decision on $4.7 Billion US Loan

1 month ago | financialpost.com | Paul Burkhardt |Matthew Hill |Alix Steel

Construction of the Mozambique LNG project halted four years ago due to Islamic State-linked militant attacks nearby. US Exim had initially agreed to the $4.7 billion loan in 2019 during the first term of President Donald Trump, and fresh approvals are necessary after such a long delay. Trump has made multiple appointments to the bank within the last two weeks, pursuing his theme of US energy dominance and supporting jobs in the oil and gas industry.
TotalEnergies (TTE) Mozambique LNG Poised for Decision on $4.7 Billion US Loan

1 month ago | bloomberg.com | Paul Burkhardt |Matthew Hill |Alix Steel

TotalEnergies SE’s $20 billion liquefied natural gas facility in Mozambique is poised for a decision on Thursday over key financing by the US Export-Import Bank. Construction of the Mozambique LNG project halted four years ago due to Islamic State-linked militant attacks nearby. US Exim had initially agreed to the $4.7 billion loan in 2019 during the first term of President Donald Trump, and fresh approvals are necessary after such a long delay.
Shale Pioneer Sheffield Warns Oil Chiefs of Grim Times Ahead

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

Scott Sheffield, the retired shale impresario who built a fortune drilling for Permian Basin oil, has grim advice for former rivals as President Donald Trump pushes for “drill baby drill” to bring down energy prices. “You’ve really got to hunker down,” Sheffield said during a Bloomberg Television interview on the sidelines of CERAWeek by S&P Global conference on Tuesday. “You may have to lay off some people. You’ve got to focus on your best prospects.
Shale Pioneer Sheffield Warns Oil Chiefs of Grim Times Ahead

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

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...