Chevron Corporation AI

Chevron to build gas plants to power data centers

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, Engine No. 1 and GE Vernova Join Forces to Power AI

Chevron Corporation CVX, Engine No. 1 and GE Vernova recently collaborated on an ambitious initiative to develop natural gas power plants to support the surging energy demands of AI-driven data centers.

Reuters · 3d

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.

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Chevron and GE Vernova: Tackling AI's Energy Challenges

Chevron and GE Vernova plan 4GW of gas power plants for data centres, targeting AI's massive electricity needs with first facilities launching in 2027 ...

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Is Chevron Corporation (CVX) a Cheap Quarterly Dividend Stock to Invest In?

We recently compiled a list of the 7 Cheap Quarterly Dividend Stocks to Invest in. In this article, we are going to take a ...

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Chevron CEO on Tariffs, Earnings, AI and Production

Chevron Corp. reported earnings that came in below estimates, but it raised dividends by 5%. Profits were hurt by slumping fuel margins. Chevron CEO Mike Wirth spoke with Bloomberg's Alix Steel about ...

DeepSeek claims to have cured AI’s environmental headache. The Jevons paradox suggests it might make things worse

In the 1860s, economist William Stanley Jevons said more efficient coal furnaces simply meant more coal was burned.

Chevron targets $10B annual free cash flow growth by 2026, driven by Permian and Gulf of America projects

Chevron expects to add $10 billion in annual free cash flow by 2026, led by growth in upstream assets such as FGP and the Gulf of America. In the Permian, the company anticipates reaching one million ...

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