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Chevron to build gas plants to power data centers
Chevron, GE Vernova Partner to Power AI Data Centers With Natural Gas
Key Takeaways Chevron and GE Vernova have partnered to build natural-gas power stations for U.S. data centers.The joint venture, which also includes investment firm Engine No. 1, plans to deliver up to 4 gigawatts of power,
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.”
26m
Natural Gas Price Forecast: Targets are Lower Amid Aggressive Selling Pressure
Aggressive selling drove natural gas to 15-day lows, breaking 50-Day MA support and targeting critical levels like 3.27 and 3 ...
1h
Natural-gas prices end at a 3-week low, oil edges higher after AI trend 'shake up'
Natural-gas futures marked their lowest settlement in three weeks on Tuesday, while oil prices finished a bit higher. The moves came a day after China startup DeepSeek's lo ...
1d
on MSN
Natural-Gas Firm Diversified Energy Strikes Deal for Permian Basin Player
Diversified Energy focuses on buying up and operating older, existing natural-gas wells. The Birmingham, Ala.-based company ...
7h
Natural Gas Price Outlook – Natural Gas Plunges on Tuesday
The natural gas markets have plunged a bit in the early hours of Tuesday, as we are now starting to rollover into the next ...
2h
on MSN
Officials say natural gas smell north of Lake Charles was due to release of odorant
Representatives with CenterPoint Entergy say the natural gas smell on Monday was due in part to the release of an odorant to ...
Upstream
11h
US natural gas producers hit by DeepSeek AI fallout
Emergence of Chinese contender stirred concerns over its implications for energy use associated with the proliferation of AI ...
1d
AI Panic, Warmer Weather Sink Natural-Gas Futures
Forecasts for milder weather and uncertainty about AI power demand have traders dumping natural-gas futures. Near-term ...
20h
on MSN
Piedmont Natural Gas customers say winter heating bills are giving sticker shock
The biggest factor behind the high bills is the cold, said Piedmont Natural Gas spokesperson Jason Wheatley. The colder it is ...
MarketWatch
1d
Natural Gas Continuous Contract
2-Year U.S. Treasury Note Continuous Contract $102.879 0.125 0.12% 5-Year U.S. Treasury Note Continuous Contract $106.484 0.344 0.32% 10-Year U.S. Treasury Note Continuous Contract $109.047 0.578 ...
13h
Russia says it wants gas transit to Europe to continue
Russia is interested in continuing supplying gas to Europe, a Kremlin spokesman said on Tuesday, after the European ...
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