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Simon Casey

Simon Casey

Managing Editor, Energy and Commodities at Bloomberg News

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Location
United States
Languages
  • English
Covering topics
  • Business
  • Energy
  • Finance & Banking Services

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Recent Articles

bloomberg.com

Coeur Mining to Acquire Canada’s New Gold for $7 Billion

Coeur Mining Inc. agreed to acquire New Gold Inc. for about $7 billion in an all-stock deal that consolidates two midsize North American gold producers as surging bullion prices have reignited investor interest in the sector.
bloomberg.com

Nippon Steel Plans $14 Billion US Investment, Reuters Says

Nippon Steel Corp. plans to invest $14 billion in United States Steel Corp. if the Trump administration approves the merger of the companies, Reuters reported.
bloomberg.com

Dow Delays Construction at Major Canada Project Amid Volatility

Dow Inc. said it’s delaying construction at a major chemicals project in Canada until market conditions improve, cutting the US company’s capital spending plan for the year by $1 billion.
bloomberg.com

Huge AI Data Center Planned for Pennsylvania Coal Plant Site

A huge natural gas-powered data center that will serve the growing demands of artificial intelligence is being planned for the site of a former coal-fired power plant in Pennsylvania.
bloomberg.com

Energy Bosses Shrug Off DeepSeek to Focus on Powering AI Boom at CE...

While tariffs and macroeconomic concerns weighed on the outlook for oil at a major energy conference in Houston this week, the mood around artificial intelligence and its sky-high power needs could scarcely be different.
bloomberg.com

GE Vernova CEO Sees Order Backlog Stretching Into 2028

Many of the energy companies at the CERAWeek by S&P Global conference are customers of GE Vernova Inc., the maker of power-generation equipment.
bloomberg.com

US Aluminum Industry Urges Trump to Exempt Canada From Tariffs

The US aluminum industry called on President Donald Trump to exempt Canadian imports of the raw metal from his planned tariffs to help protect jobs and domestic manufacturers.
bloomberg.com

Deadly Houston Fire Highlights Pemex’s Grim Safety Record

Accident at Deer Park refinery left at least two workers dead and another 35 people injured.
bloomberg.com

Deadly Houston Fire Highlights Pemex’s Grim Safety Record

Accident at Deer Park refinery left at least two workers dead and another 35 people injured.
bloomberg.com

Glencore Considers Making Bid for Anglo American, Reuters Says

Glencore Plc is evaluating a potential bid for Anglo American Plc, a move that could set up a takeover battle with BHP Group Ltd. for the mining company, Reuters reported, citing people it didn’t identify.
bloomberg.com

Microsoft Strikes Major Green Power Deal With Brookfield Renewable

Microsoft Corp. and Brookfield Asset Management’s green energy arm signed the biggest corporate clean-energy purchase agreement ever announced, as the technology giant ramps up its investment in artificial intelligence.
bloomberg.com

From AI to Oil, Demand Dominates the Talk in Houston

The outlook was robust at CERAWeek, and that may have profound implications for the energy transition.
bloomberg.com

Dow Says High Power Costs Cast Doubt on Europe’s Demand Outlook

The boss of Dow Inc. said the price of electricity in Europe is so high that there are doubts about the long-term future of some of the chemical company’s industrial customers in the region.
bloomberg.com

Big Oil Sets the Agenda on CERAWeek’s Opening Day

The theme this year is the energy transition, but the firm focus on day one will be the top producers of fossil fuels.
bloomberg.com

ADM Probe Highlights Struggle to Expand Beyond Commodity Trading

On a recent flying visit to Archer-Daniels—Midland’s European base, the company’s Chief Financial Officer Vikram Luthar had a pessimistic message to deliver.
bloomberg.com

Gas Station Owner Sunoco to Buy NuStar Energy for $7.3 Billion

Gas Station Owner Sunoco to Buy NuStar Energy for $7.3 Billion
bloomberg.com

ADM Plunges Most on Record After Probe, CFO Placed on Leave

Archer-Daniels-Midland Co. plunged 24%, the most on record, after the US agricultural trading giant suspended its chief financial officer and cut its earnings outlook pending an investigation into its accounting practices.
bloomberg.com

Williams to Buy Gas Assets for $1.95 Billion in LNG Bet - Bloomberg

Pipeline operator Williams Cos. agreed to buy natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion in a bet on demand growth for the fuel in the US and in overseas markets.
bloomberg.com

Exxon (NYSE:XOM) Rebuts Biden’s Attack on Profits, Citing Dividend ...

Exxon Mobil Corp. responded directly to US President Joe Biden’s criticism of record energy-industry profits by pointing to the company’s much-vaunted dividend, which it increased on Friday by a larger-than-expected amount.
bloomberg.com

World’s Richest Person Elon Musk Is Now Worth More Than Exxon

It’s just one more arresting data point amid a flurry of superlatives, but Elon Musk’s soaring net worth now makes him more valuable than Exxon Mobil Corp.
bloomberg.com

Stonepeak to Acquire LNG Tanker Firm Teekay for $1.5 Billion

Stonepeak Partners LP agreed to pay about $1.5 billion for liquefied natural gas tanker company Teekay LNG Partners amid shortage-driven price spikes for the fuel in Asia and Europe.