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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.
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.
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.”
14m
on MSN
Chevron Earnings Are Coming. Why Results Won’t Answer All of Investors’ Questions.
A few big questions hang over Chevron as it prepares to report fourth-quarter earnings on Friday. The company’s planned ...
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 ...
8h
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 ...
Marketplace
6d
What a world without Chevron deference looks like in the Trump era
Many of Trump's executive orders are being challenged. A Supreme Court ruling overturning Chevron deference will matter in ...
11h
on MSN
Post-Chevron DOGE: Is This the End of Federal Regulation?
The Supreme Court's Chevron decision last year shifted regulatory oversight to Congress. How could that impact the work of ...
2d
on MSN
Chevron, GE Vernova aim to fuel power-hungry AI. DeepSeek throws that in question.
Chevron and GE Vernova are trying their hand at supplying power to data centers, just as China’s DeepSeek may upend that play ...
1d
With 69% institutional ownership, Chevron Corporation (NYSE:CVX) is a favorite amongst the big guns
If you want to know who really controls Chevron Corporation ( NYSE:CVX ), then you'll have to look at the makeup of its share ...
astanatimes.com
1d
Chevron Launches $48 Billion Tengiz Oilfield Expansion, Sets to Boost Global Oil Supply
ASTANA — Chevron has started production at its $48 billion expansion of the Tengiz oilfield in Kazakhstan. The expansion is ...
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