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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 partners with Engine No. 1 to develop up to 4GW of gas generation for US data center market
US oil and gas major Chevron and San Francisco-based hedge fund Engine No. 1 have partnered to develop and scale natural gas-powered power plants to serve co-located data centers in the Southeast, Midwest, and West of the US.
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.
17h
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 ...
3d
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
6h
Big Oil Set to Book Lowest Quarterly Profits in Three Years
The top five international oil and gas companies are projected to report their lowest quarterly earnings in three years due ...
4d
Chevron's Profit Engine Remains Strong, But I Have Concerns
Chevron's solid financial foundation and strategic investments in low-carbon technologies make it a compelling long-term ...
3d
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.
Crude Oil Prices
9d
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 ...
1d
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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