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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.
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 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 ...
3d
Chevron Corp. stock rises Monday, outperforms market
The stock's rise snapped a four-day losing streak.
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 ...
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 ...
2d
on MSN
Chevron, GE Vernova aim to fuel power-hungry AI. DeepSeek throws that in question.
Chevron and GE Vernova are trying their hand at supplying power to data centers, just as China’s DeepSeek may upend that play ...
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 ...
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 ...
1d
With 69% institutional ownership, Chevron Corporation (NYSE:CVX) is a favorite amongst the big guns
If you want to know who really controls Chevron Corporation ( NYSE:CVX ), then you'll have to look at the makeup of its share ...
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