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Chevron to build gas plants to power data centers

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.

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Chevron builds natural gas plants to power U.S. data centers

This story incorporates reporting from Detroit News, The New York Times and Reuters.As the demand for electricity in the U.S. is projected to surge by 16% over the next five years, driven partly by the explosion of data centers,

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Chevron, GE Vernova, Engine No. 1 Team Up to Power Data Centers

The joint venture aims to deliver 4 gigawatts of electricity for data centers starting by the end of 2027.

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 ...

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If You Could Buy Only 1 Oil Stock in 2025, These Are Some Top Stocks to Consider

Chevron's diversification, high yield, and long history of success make it a strong buy in the oil space. ConocoPhillips will ...

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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 ...

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Chevron Eyes Oil and Gas Exploration Offshore Greece

Chevron has expressed interest in exploring for oil and gas offshore Greece, joining ExxonMobil in pursuing potential energy ...

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 companies for artificial intelligence and other services.

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