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Chevron to build gas plants to power data centers
Investor Who Fought Exxon Will Build Gas Plants for AI with Chevron
Activist investor Engine No.1 is now teaming up with Chevron to build natural gas-fired power plants to meet soaring AI-driven electricity demand.
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, 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.
5d
on MSN
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 ...
11h
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 ...
6d
Chevron to Increase Output at Huge Oil Field in Kazakhstan
The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day ...
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 ...
Opinion
1h
Opinion
Chevron says its entry to supply AI data centers is ‘win-win’
Jeff Gustavson said Chevron plans to build natural gas power plants that will be directly connected to data centers used by technology companies for AI.
4d
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 ...
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