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Chevron to build gas plants to power data centers
Chevron Is Ready to Burn Gas to Power AI
Per the Times, Chevron is already ordering equipment and pursuing potential locations for these power plants, which the company believes it can get up and operational in just three years. The plan, according to Chevron CEO Mike Wirth, is to “meet the moment and address this growing need for reliable and affordable power.”
Chevron to build gas plants to power data centers amid AI boom
Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S., as energy demand to support the growth of artificial intelligence is expected to boom.
Chevron, Engine No. 1, GE Vernova team up to build US data centers
Chevron U.S.A. announced Tuesday a partnership with Engine No. 1 and GE Verona in plan to develop reliable power solutions for U.S. data centers running on natural gas.
5d
on MSN
Chevron sees 1 million barrels per day from one of the world’s biggest oil fields in this OPEC+ state
Chevron expects Kazakhstan's Tengiz oil field, one of the largest of its kind in the world, to produce 1 million barrels of ...
2d
Chevron Joins Race to Generate Power for A.I.
The oil company plans to build natural gas power plants that will be directly connected to data centers used by technology ...
3h
ExxonMobil and Chevron Q4 preview: Double-digit fall in profit likely, outlook in focus
U.S. oil majors ExxonMobil (XOM) and Chevron (CVX) are expected to report a double-digit decline in profit amid falling energy prices, when they announce Q4 res ...
4d
on MSN
If You Could Buy Only 1 Oil Stock in 2025, These Are Some Top Stocks to Consider
Last year was a relatively calm period for the oil market. Most investors likely only want to hold one oil company in their ...
5d
Chevron to Increase Output at Huge Oil Field in Kazakhstan
The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day ...
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