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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.
DeepSeek Sparks Demand Debate, While Chevron Plans Gas-Fired Plants for Data Centers
The debate over just how much power will be needed to support the artificial intelligence (AI) industry became heated when a Chinese company said it has a low-cost AI model […]
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.”
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Chevron Q4 Earnings Preview: Likely Better Than Wall Street's Expectations
Chevron is set to announce Q4 earnings on January 31st, with expectations of declining EPS due to falling energy prices. Read ...
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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 ...
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