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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 plots massive gas plant build-out for data centers
Chevron announced Tuesday it would help deliver a fleet of gas plants to power data centers, joining a trend of fossil fuel companies seeking a market in the country’s artificial intelligence boom.
11h
Chevron profit disappoints as refining posts first loss in four years
Chevron Corp reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins pushed its refining ...
6h
Energy Down After Exxon, Chevron Earnings and Amid Tariff Fears -- Energy Roundup
Shares of Chevron slid by more than 3% even after the oil giant boosted its dividends. Exxon's liquids production rate remained at a 40-year high as offshore Guyana fields prove even more lucrative ...
10h
Chevron Corporation (CVX) Q4 2024 Earnings Conference Call Transcript
Q4 2024 Earnings Conference Call January 31, 2025 11:00 AM ETCompany ParticipantsJake Spiering - Head, IRMike Wirth ...
dailyenergyinsider
2d
Chevron, Engine No. 1 partner on data center project
Chevron is partnering with Engine No. 1 to launch a new company to develop power solutions for U.S.-based data centers ...
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