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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 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.”
1h
on MSN
Chevron Earnings Are Coming. Why Results Won’t Answer All of Investors’ Questions.
A few big questions hang over Chevron as it prepares to report fourth-quarter earnings on Friday. The company’s planned ...
1d
on MSN
Jim Cramer Says Chevron Corporation (CVX) Is Among President Trump’s Picks If He Wants More Drilling
Top 14 Stocks to Watch. In this article, we are going to take a look at where Chevron Corporation (NYSE:CVX) stands against ...
Rigzone
11h
Chevron, Engine No1 Announce Power Solution Partnership for US Data Centers
We are proud to play our part in bringing to fruition President Trump's vision for a new American golden age', Chevron ...
3d
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 ...
5d
on MSN
Why Chevron Corporation (CVX) Is One of the Best Commodity Stocks to Invest in According to Hedge Funds?
We recently compiled a list of the 10 Best Commodity Stocks to Invest in According to Hedge Funds. In this article, we are ...
2h
Big Oil wants a lot from Trump. It has an ally in Doug Burgum, the president's Interior pick
Emails obtained by The Associated Press reveal Doug Burgum as North Dakota governor catered to the whims of oil and gas ...
21h
Hess Corporation: Advantage To Exxon Mobil
The value of Hess Corporation keeps increasing with rising Guyana production and the slow arbitration process. Read why HES ...
2d
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 ...
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