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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 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 plans data center power solutions utilizing US natural gas
Chevron and Engine No. 1 will form a JV to develop scalable power solutions for US-based data centers running on US natural gas.
14h
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 ...
2d
on MSN
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 ...
Crude Oil Prices
8d
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 ...
7h
Exxon foe Engine No. 1 to build fossil fuel plants with Chevron
FREE TO READ] Fund that won famous Wall Street proxy war over oil major’s climate stance now backs natural gas to power AI ...
2d
on MSN
The Smartest Oil Stocks to Buy With $200 Right Now
For example, when oil prices are low and the upstream business is suffering, the downstream businesses will be benefiting ...
13d
Chevron says no commercial oil, gas found at Namibia exploration well
Chevron said on Wednesday it did not find commercial hydrocarbon reserves in an exploration well in Namibia's Orange Basin.
Jago News 24
4h
Tepid interest from IOCs in offshore oil, gas exploration
Despite significant efforts by Bangladesh to attract foreign investment in offshore oil and gas exploration, the response ...
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