AI needs power—and lots of it. These formerly stodgy Big Oil companies are well positioned to offer just that.

Data centers are basically large server warehouses to produce huge amounts of electricity. While there are some in the US, the total number of data centers is expected to triple over the next ...

Chevron, Engine No. 1 and GE Vernova Team up on Powering US Data Centers, With AI in Focus Energy company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants ...

which sees opportunity in building natural gas-fueled power plants that will feed energy directly to data centers. Chevron is working with Engine No. 1, a San Francisco-based investment firm best ...

Chevron wants to get the most out of its vast natural gas resources. That's leading the energy giant to seek opportunities to supply gas to help power energy-hungry AI data centers. Chevron is ...

Chevron plans pairing power plants, data centers The Associated Press // January 28, 2025 // This Oct. 23, 2023, photo shows a Chevron logo at a gas station in San Francisco.

Big data centers connecting to power grids is now one of the greatest near-term risks to reliability, according to a rare ...

An AI-related provision in the “Big Beautiful Bill” could restrict state-level legislation of energy-hungry data centers—and ...

Jan 28 (Reuters) - Oil and gas producer Chevron (CVX.N), opens new tab said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S., as energy demand to ...

A new analysis of AI hardware being produced and how it is being used attempts to estimate the vast amount of electricity ...

Oil giant Chevron and Engine No. 1, an activist fund, are partnering up to build a new company that will develop scalable, reliable power solutions for the U.S.-based data centers running on U.S ...

Chevron CVX0.65%increase ... No. 1 said they were forming a joint venture to power artificial-intelligence data centers with natural gas-fueled electricity. The joint venture of Chevron, the ...