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.”
Chevron and GE Vernova are trying their hand at supplying power to data centers, just as China’s DeepSeek may upend that play ...
The oil company plans to build natural gas power plants that will be directly connected to data centers used by technology companies for artificial intelligence and other services.
Chevron unveiled a plan Tuesday to team with an investor and power data centers, one day after DeepSeek fueled stock declines and raised doubts about how much electricity AI models will need. The timi ...
Chevron is set to announce Q4 earnings on January 31st, with expectations of declining EPS due to falling energy prices. Read ...
Many of Trump's executive orders are being challenged. A Supreme Court ruling overturning Chevron deference will matter in ...
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